DAR ES SALAAM, Nov. 10 -- POOR financial management among university students poses risks to personal finances, education loan utilisation and future repayment, prompting the Bank of Tanzania (BoT) and HESLB to introduce financial literacy training targeting higher learning institutions.

The programme seeks to equip students with practical money management skills, including budgeting, saving, investment, responsible borrowing and protection against financial fraud, as concerns grow over how young people manage limited financial resources.

BoT Governor Emmanuel Tutuba said financial literacy was essential in helping young people make informed financial decisions, manage their resources and achieve personal economic goals.

During the lau...