DAR ES SALAAM, March 13 -- INVESTORS in the Timiza Fund are set to receive their first income payout by the end of this month following the fund managements announcement of a dividend of 10/- per unit.

The announcement came after the funds inaugural Annual General Meeting (AGM) over the weekend, where Zan Securities Limited, the funds managers, reported significant growth in assets under management and a rising number of investors since the funds launch two years ago.

The meeting highlighted the funds strong performance and commitment to delivering consistent returns to unit holders. Zan Securities Chairman, Mr Abdisalaam Issa Khatibu, said that dividends will be distributed according to the number of units held by each investor.

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