Dar es Salaam, Feb. 8 -- ZANZIBAR: ENTREPRENEURS in Pemba have been urged to utilise loans responsibly by investing in their intended business ventures to ensure financial growth and sustainability.

During a training session for entrepreneurs who had applied for Zanzibar Economic Empowerment Authority (ZEEA) loans, Khamis Juma Khamis, the Credit and Loan Officer at Tanzania Commercial Bank (TCB), insisted on the importance of borrowing based on actual business needs.

Mr Khamis warned that misusing loans for unrelated expenses could lead to repayment challenges and hinder economic progress. He further highlighted the significant efforts made by the Revolutionary Government of Zanzibar, under President Dr Hussein Ali Mwinyi, to support sm...