POINT of Service Office (POSO) system has impressed cotton farmers to the extent of creating 23 small scale companies in Kiseke ward, Ilemela District, Mwanza Region.
The system is supported by the
government and GODTEC (T) Company limited. Tanzania Cotton Growers
Association (TACOGA)’s General Secretary, Mr George Mpanduji, said over
the weekend that farmers were satisfied with the system, as a solution
to boosting trade and industrial sectors in the country.
“We appreciate POSO system under fifth
phase government because the system has an objective to revive
industries in order to reach the economical modernisation towards middle
economy,” he said.
He said that through this system that
facilitates entrepreneurships it is obvious that will become a solution
also to the cotton producers. Mr Mpaduji noted that after cotton farmers
have heard about the introduction of small and large companies under
GODTEC (T) Company Limited in collaboration with the government through
the Ministry of Information, Art, youth, Culture and Sports were
impressed.
He said that TACOGA have been
overwhelmed by several steps that are taken by the current government
administration, saying that cotton farmers sees the coming back of the
speed of safari of the freedom is a job heading to freedom is
development.
Bega Kwa Bega Microfinance Company Ltd signed a 900m/- with the Covenant Bank as per memorandum of understanding (MoU) in March.
BEGA Kwa Bega Microfinance Company has
currently entered into a partnership memorandum of understanding (MoU),
with Covenant Bank with a view to offering financial services such as
loans to small-scale entrepreneurs and youth in Lake Zone regions
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