Faida Fund Offers Flexible Retirement Savings with 13% Annual Return
Habari mpya za fedha Tanzania · maelezo ya Faida Fund Offers Flexible Retirement Savings with 13%… · imesasishwa 11 Aug 2026 · habari za uchumi · pato la taifa · uwekezaji
Muhtasari
- WHI Acting Chief Executive, Architect Sephania Solomon, said the fund had continued to expand, with its total value reaching 112bn/- and an annual return of 13 per cent.
- The fund allows contributors to access their savings after 90 days when necessary, making it an option for workers seeking both investment growth and some liquidity.
- DAR ES SALAAM: THE government is stepping up efforts to promote the Faida Fund among civil servants and the public, seeking to deepen a savings culture and widen access to investment opportunities offering competitive.
- Deputy Minister in the President’s Office, Public Service Management and Good Governance, Regina Qwaray, said the fund provides workers with a flexible way to build retirement savings while earning returns on their.
- It helps civil servants prepare for retirement while growing their savings through attractive returns.