DAR ES SALAAM, April 7 -- BANK of Tanzania (BoT) has intensified a nationwide campaign to promote safe and responsible borrowing, as part of broader efforts to strengthen financial literacy and protection loan sharks.

Through a three-week awareness initiative dubbed “Be Aware, Avoid Harm, and Borrow for Development,” the central bank is equipping the public with practical knowledge on how to make informed borrowing decisions, while reinforcing the importance of engaging only with regulated financial service providers.

BoTs Assistant Manager for Microfinance Services, Ms Mary Ngassa said the campaign is currently being rolled out across multiple neighbourhoods, particularly in high-traffic areas and zones suspected to host un...