Tanzania Daily News (Dar es Salaam)

Tanzania: Kagera Saccos Increase 80 Percent in Five Years

Bukoba — THE number of Savings and Credit Cooperative Societies (SACCOS) in Kagera Region increased from 232 during 2005 to 289 during 2010, equivalent to 80.3 per cent, Kagera Regional Commissioner (RC), Fabian Massawe, has revealed.

He said that working capital for the SACCOS also increased from 2.2bn/- during 2005 to 6.3bn/- in 2010, adding that SACCOS also secured loans amounting to 1.4bn/-.

Kagera Region has three viable Cooperative Unions namely Kagera Cooperative Union (KCU), Karagwe District Cooperative Union (KDCU) and Biharamulo Cooperative Union (BCU).

Mr Massawe also disclosed that 40.9 million trees were planted during the same period in an effort to preserve the environment. He said honey harvesting using improved bee hives increased from 151,860 hives during 2005 to 212,250 hives during 2010.

He said fishing using modern gear increased from 1.077 engines during 2005 to 1,942 engines by 2010 and 286 fishermen were trained on modern fishing techniques.

He has called upon Kagera residents to collectively fight the use of banned gear, including dynamite fishing.

Mr Massawe reminded people who engage in fishing activities, to ensure that their vessels were registered and they should have business licences.

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