Monday, January 28, 2013

MWANZA'S PER CAPITA INCOME UP

 Mwanza Region has achieved great success in the poverty alleviation campaign, recording an increase of its residents per capita income from Sh421, 379 in 2005 to Sh924, 536 by June 2012.     
The region’s seven-year development report shows that the residents’ income has gone up by 219 per cent.    
The report on the region’s economic achievement was released  by the Mwanza Regional commissioner, Eng Everist Ndikilo, at his year-end meeting with the media and experts from several government departments in the region.    

“The increase, which is approximately Sh2,500 per day, means that Mwanza residents are far above the poverty line pegged at below $1 (Sh1,500), explained Eng Ndikilo.    

Further, Mr Ndikilo said, agriculture has remained the leading sector in the region by producing more than 75 per cent of its income.    

Fishing, one of the leading sectors, earned the region seven per cent of its income. According to him, it also recorded a big increase from Sh1.34 billion in 2005 to Sh3.38 billion this year.

“This is also a good sign that Mwanza Region is becoming a force to reckon with in the development and investment sectors with an increase of 251 per cent,” explained the RC.    

Once a dusty town, in recent years Mwanza has emerged an economic giant in the country.    

Credit for the achievement is shared mainly by the government through creative plans and a no-nonsense approach towards whoever dares mess up things and a responsive business community.    

Founded in 1892 by a German colonial administrator, Emin Pasha, as a centre for coordinating cotton exports, Mwanza has finally seen its bright future as investors scramble for a stake in it.    

This is mainly thanks to the booming Nile Perch industry, mining sector and cotton farming.    

What used to be home to thousands of squatters and dusty roads has today become a haven of skyscrapers, modern gardens, well built roads and robust economic activities.         

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