Dar es Salaam, Feb. 13 -- TANZANIA: WATUMISHI Housing Investment (WHI) has successfully raised 34bn/- through its Faida Fund scheme as of December last year, surpassing half of its target for the fiscal year.

The target for this year is 40bn/- and with such progress, WHI is on track to meet or exceed its goal. According to WHI Senior Public Relations and Marketing Officer, Ms Maryjane Makawia, the success is largely attributed to heightened public awareness around the investment schemes.

“The increased public awareness and participation in the Faida Fund scheme foster a culture of savings and long-term financial planning among investors,” she stated.

She noted that the increase was particularly noticeable in the second quar...