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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.

TheCitizen

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Habari Zinazoendana

11 years ago

IPPmedia

'MPs must repay social security funds'


IPPmedia
'MPs must repay social security funds'
IPPmedia
Some Members of Parliament, who are among long standing debtors of some social security funds, may soon be slapped with arrest warrants Deputy Finance minister, Mwigulu Nchemba Labour and Employment minister, Gaudentia Kabaka said yesterday.

 

10 years ago

TheCitizen

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

Daily News

Kagera RC urges residents to join social security funds


Daily News
Kagera RC urges residents to join social security funds
Daily News
KAGERA Regional Commissioner, Mr Fabian Massawe, has appealed to residents in the region to join various social security funds to protect themselves against looming calamities. The RC, opening a one-day stakeholders' meeting here yesterday, asked ...

 

9 years ago

IPPmedia

Govt cautioned on social security schemes


Govt cautioned on social security schemes
IPPmedia
The government has been called upon to review the social security Act promptly if it is to arrest pervasive malpractices in the schemes. The review would also facilitate nabbing of unscrupulous staff working with the schemes who allegedly collude with ...

 

11 years ago

TheCitizen

Dar to Delhi trade hits Sh1.2tr

The value of Tanzania’s exports to India tripled to Sh1.2 trillion ($750 million) during the 2012/2013 financial year compared to the preceding year as trade ties between the two nations keep growing.

 

11 years ago

TheCitizen

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.

 

11 years ago

TheCitizen

Govt to pay Sh14bn water debts

The minister for Water, Prof Jumanne Maghembe, has assured urban water authorities in the country that the accumulated debts amounting to Sh13.6 billion will be settled through budgetary allocations in the 2014/15 financial year through the Treasury.

 

10 years ago

TheCitizen

Govt must pay its debts to sustain credibility

Under the principle that bears the poetic-sounding expression, “a gentleman’s agreement”, two parties strike a deal or transact business on the basis of trust. This is anchored in the belief that a gentleman is, by his very nature, a trustworthy person.

 

11 years ago

TheCitizen

Poor revenue, high debts haunt govt in 2013/14 fiscal year

This financial year has been tough for the government. It was difficult to implement last year’s budget, largely due to failure to raise funds on time. Matters have been made worse by less than satisfactory expenditure management in the wake of poor revenue collection and missed tax targets.

 

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