Investment of 2.1 Billion Shillings in Trucks for Cotton and Tobacco Collection by KACU
Latest Tanzania agriculture news · Investment of 2.1 Billion Shillings in Trucks for Cotto… explained · updated Aug 4, 2026 · agriculture news · farmers · crops
TLDR
- KACU Vice Chairman Simon Ntemi Nzengo said the union received 10 HOWO trucks valued at more than 2.1 billion shillings.
- KAHAMA: Two agricultural cooperative unions yesterday received 15 trucks financed through a low-interest loan facility from the National Bank of Commerce (NBC), a move expected to improve crop collection, reduce.
- The fleet includes 10 trucks for Kahama Cooperative Union (KACU) and five for Tandahimba and Newala Cooperative Union (TANECU).
- TANECU Board Chairman Karim Chipola said the union’s five trucks were financed through an NBC loan approved in November last year, with repayments beginning in February.
- The trucks will support cotton and tobacco collection, crop transportation, agricultural input distribution and operations at the union’s cotton ginning plant.