Co-op sells assets to raise cash to repay huge debts debt-payment cash

Overwhelmed by huge debts, the management of Moshi-based co-operative society has now started selling some of its assets to pay debts running into billions.

TheCitizen

Habari Zinazoendana

11 years ago

Spalding Guardian

08 Mar

Issitt does it to raise cash for Tanzania trip

Issitt does it to raise cash for Tanzania trip
Spalding Guardian
Africa-bound Spalding student Eleisha Issitt (front) and Helen Webster sell cakes at Broad Street Methodist Church, Spalding, to help fund an expedition to Tanzania next summer. ANL-140603-174813001. Published on the 07 March 2014 13:13. Published ...

 

11 years ago

TheCitizen

13 Jul

Big Results scheme helping to raise cash

The newly introduced state projects implementation mechanism popularly referred to as Big Results Now(BRN) has reinvented a number of state revenue sources, boosting national revenue by several billions of shillings in various taxes during the past fiscal year.

 

10 years ago

TheCitizen

30 Oct

Party cash is taxpayers’ cash!

The Controller and Auditor General’s (CAG) report on the finances of political parties, which was handed over to the Parliamentary Public Accounts Committee on Tuesday, paints a disturbing picture.

 

5 years ago

The Citizen Daily

12 Mar

Automech assets auctioned for failure to repay loan

Automech assets auctioned for failure to repay loan  The Citizen Daily

 

10 years ago

TheCitizen

02 Apr

Govt pledges to repay Sh1.2tr debts to social security funds

The government has committed to wind up outstanding debts it owes the Public Service Pensions Fund (PSPF) and other social security schemes to sustain their smooth operations.

 

10 years ago

TheCitizen

21 Oct

Govt debts to pension funds raise concern

>The Parliamentary Public Accounts Committee (PAC) has expressed its concern over the outstanding debt the government owes social security funds after it learnt that government debts stand at Sh8.43 trillion.

 

11 years ago

TheCitizen

26 Jan

We must beware, debt crisis is a huge threat

At about this time last year, the national debt was Sh22.36 trillion. By October, it had surged to nearly Sh27 trillion--a rise of almost Sh5 trillion.

 

10 years ago

TheCitizen

27 Oct

Medical supplies dry over huge debt

>Alarm was raised yesterday over a looming crisis in the health sector, for the supply of medicine to public hospitals could dry up due to mounting government debts.

 

11 years ago

TheCitizen

26 Jan

We must beware, debt crisis is a huge threat

At about this time last year, the national debt was Sh22.36 trillion. By October, it had surged to nearly Sh27 trillion--a rise of almost Sh5 trillion.

 

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