DODOMA, May 23 -- A PROPERTY security bill is being finalised by the government to allow university graduates to use academic certificates as collateral for accessing loans.

Deputy Minister for Finance, Mr Laurent Luswetula, revealed this yesterday in Dodoma while responding to a question from Special Seats MP Dr Neema Majule (CCM), who sought to know the governments strategy to help university graduates use their academic certificates to secure loans for investment projects.

Mr Luswetula said the proposed law seeks to establish a legal framework for registration and management of movable assets through the Bank of Tanzania (BoT) in order to enhance transparency, supervision and tracking of such collateral.

“Among the assets prop...