Wednesday, 30 January 2008

NICO puts up 5bn/- fish processing factory in Mwanza

From IPP Media, Dar es Salaam
By Patrick Kisembo

The National Investment Company Ltd (NICO) has injected a total of 5bn/- in a fish processing facility in Mwanza Region.

This was revealed yesterday in Dar es Salaam by the company`s board chairman, Felix Mosha, when briefing journalists on the company`s plans to sell more shares to Tanzanians.

He said the fish processing factory, due to start production next February, was the second big investment by the company after the National Microfinance Bank (NMB).

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