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Pension fund gives Sh60bn loans to Saccos

PPF Pensions Fund lent more than Sh60 billion in the past 10 years to savings and credit cooperative societies (Saccos).

TheCitizen

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Habari Zinazoendana

10 years ago

TheCitizen

Give housing loans, pension funds told

 The government has asked the Social Security Regulatory Authority (SSRA) to coerce local social security funds to provide their members with housing loans.

 

10 years ago

Daily News

Elders to enjoy pension fund in 2015/16


Elders to enjoy pension fund in 2015/16
Daily News
THE government has said that in the coming 2015/16 financial year, they will start paying pension fund to the elders who have never been employed before. Deputy Minister for Labour and Employment, Dr Makongoro Mahanga, told the National Assembly ...

 

10 years ago

TheCitizen

Pension fund role for Africa development underscored

The pension funds in East Africa are facing the challenge of teaming up with other regional pension funds, particularly, with those in the Southern African Development Community (Sadc) to raise more funds for infrastructure development.

 

9 years ago

TheCitizen

Foundation establishes loans fund

Vodacom Foundation has set aside Sh200 million that will be loaned to women entrepreneurs through their village community banks (Vicoba) as a way of helping them to become economically independent.

 

9 years ago

TheCitizen

Dar Saccos plans to issue Sh2.2bn loans next year

A city-based savings and credit cooperative society (Saccos) which is operated by members of Women’s Advancement Trust (WAT) plans to raise its loan issuance by 47 per cent next year as it seeks to foster the conduct of economic activities among women.

 

9 years ago

AllAfrica.Com

Tanzania: Dar Saccos Plans to Issue Sh2.2bn Loans Next Year


Tanzania: Dar Saccos Plans to Issue Sh2.2bn Loans Next Year
AllAfrica.com
Dar es Salaam — A city-based savings and credit cooperative society (Saccos) which is operated by members of Women's Advancement Trust (WAT) plans to raise its loan issuance by 47 per cent next year as it seeks to foster the conduct of economic ...

 

11 years ago

TheCitizen

Our pension schemes must do much better

We recently reported that only two per cent of the working population is covered by pension schemes. Yes, that’s right. Only two out of every 100 workers have money stashed away to cater for their needs when they retire. We have it on the authority of Deputy Minister for Finance Adam Malima.

 

11 years ago

TheCitizen

Pension is an entitlement, not a favour

On the day this opinion was written, Thursday, February 20, most pensioners including myself had not yet been paid their pension for the month of January and the few who have received theirs were paid three weeks late; some had unexplained deductions made from their pensions.

 

11 years ago

TheCitizen

Only 2pc are under pension schemes in TZ

 Only two per cent of the working population in Tanzania is covered by pension schemes -- due to lack of public awareness on the importance of the arrangements for improving people’s welfare.

 

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