Ensure PSSSF investments are safe for pensioners’ funds

PSSSF Commercial Complex in Dar es Salaam. PHOTO | FILE

Towards the end of February 2025, the Parliamentary Public Investments Committee (PIC) visited the Kilimanjaro International Leather Factory, Karanga in Moshi Urban District, Kilimanjaro Region and required the Public Service Social Security Fund (PSSSF), who are the investors, to expedite work on this factory. 

The MPs wanted the completion stage of the factory to move from the current 25 percent to 100 percent as soon as possible. They argued that the investment has social and economic benefits, noting that upwards of 3,000 jobs will be created once the factory is completed while revenues have increased.