What is the latest news on Interest Rates on PBZ Loans Range Between 14% and 16%?

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It matters because Tanzanian media are actively reporting on this finance story — including angles on economy news, GDP, investment. He said interest rates on loans offered by the bank range between 14 and 16 per cent, adding that the bank also provides services based on…

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He said interest rates on loans offered by the bank range between 14 and 16 per cent, adding that the bank also provides services based on Islamic and international banking principles. Start with the key takeaways and supporting excerpts, then use on-page chat for “who is affected”, “what changed recently”, or comparisons with similar Tanzania stories.

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FINANCE Aug 17, 2026 1 excerpts · 1 articles · 1 outlets

Interest Rates on PBZ Loans Range Between 14% and 16%

Latest Tanzania finance news · Interest Rates on PBZ Loans Range Between 14% and 16% explained · updated Aug 17, 2026 · economy news · GDP · investment

TLDR

Farmers in the Southern Highlands and Mtwara region of Tanzania are benefiting from loan opportunities provided by the People's Bank of Zanzibar (PBZ).
The Acting Branch Manager of PBZ in Mbeya, Abdul Haruni, stated that the bank offers loans to farmers, traders, and small-scale entrepreneurs to help them access capital.
PBZ collaborates with the Tanzania Agricultural Development Bank (TADB), where PBZ provides 40% of the loan and TADB contributes 60%.
Interest rates on loans from PBZ range between 14% and 16%.
PBZ started operations in Mtwara in 2011 and opened its Mbeya branch in June 2024 to enhance access to financial services for farmers.

Latest news excerpts & sources: Interest Rates on PBZ Loans Range Between 14% and 16%

dailynews.co.tzAug 17, 2026Read more

He said interest rates on loans offered by the bank range between 14 and 16 per cent, adding that the bank also provides services based on Islamic and international banking principles.

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