Zanzibar digitises loan issuance for special groups

Zanzibar's Minister of State in the President’s Office for Labour, Economy, and Investment, Shariff Ali Shariff, speaks at the launch of the digital system for issuing special group loans. PHOTO | COURTESY 

What you need to know:

  • The system, set to officially commence operations on April 15, 2025, will eliminate the need for traditional loan application methods, with expectation to enhance transparency, speed, and security in loan disbursement.