Arusha — AS the government works to encourage nomadic pastoralists who hoard large herds of livestock to convert their animals into cash, local financial institutions have been advised to follow the cattle keepers wherever they are to provide them with banking services.
Speaking during the official opening of the new Vision- Fund Bank in Arusha on Tuesday, the Regional Commissioner (RC), Mr Magessa Mulongo, revealed that in the wake of the drought spell which decimated thousands of livestock in Monduli, Longido and Ngorongoro districts a few years ago, the state has advised most pastoralists to start selling many of their cattle and invest the money in banks.
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