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Business News

Wed Dec 06, 2017

Arusha council offers 500m/- to women, youth groups


The sum is from City’s own sources and was issued in accordance with the Central Government’s directive that 10 per cent of such income is handed over to the groups for economic empowerment.

 

Arusha District Commissioner (DC), Mr Gabriel Daqarro advised the group members to make good use of the funds and repay on time so that other groups get empowerment as well. He called upon individuals to be disciplined in borrowing and use of the funds.

 

Mr Dacqqaro said that all those who would not repay on time will be dealt with in accordance with the law, saying there is an experience of misuse of funds that are issued by the government.

 

“I want you [women and youths] to use the money for development activities so that you excel economically and repay the money on time. “Do not try to engage in luxuries as you will end up in trouble,” warned Mr Dacqqaro.

 

Arusha City acting Executive Director, Ms Rebeca Lyimo said that executives as well as community development officers from her office are well organised to advise and oversee good use and repayment of the funds.

 

The City Community Development Officer, Ms Janeth Masasi said that the issuance of 505m/- was fourth installment in the financial year 2017/18.

SOURCE: DAILY NEWS


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Posted by Arwa

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