Mtangazaji SACCO announces a 10.85% dividend on deposits

Mtangazaji Co-operative Savings and Credit Society has announced a 10.85% dividend payout on member deposits and 14% on share capital during its 19th Annual General Meeting. Faith Olera an Auditor from the Ministry of Co-operatives, commended the Sacco on its steady growth. She attributed the increase in dividends to sound financial decisions, urging the Sacco leadership to diversify its investment portfolio for higher returns. During the meeting the board members were re-elected unanimously.

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