Monday, 31 December 2012

Mwanza Firm to Drill Wells On Credit

From Daily News, Dar es Salaam
By Moses Matthew

MASWI Drilling Company Limited plans to spend 2.5bn/- in 2013 to solve water problems in parts of the country that are hard hit by scarcity of water by introducing a new scheme of drilling boreholes and wells on loan.

The company's Finance and Administrative Manager, Mr Michael Maungo, told reporters yesterday that the scheme of drilling boreholes on credit will be unique in the country.

"I believe that this programme will be new not only in the country but also in neighbouring countries such as Kenya and Uganda," said Mr Maungo. He observed that the company's management is optimistic that they will be able to deliver, noting that they will also be able to create employment through their planned projects for the coming year.

Read full story.

No comments: