
Atufigwegwe Mwakabalula
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Mr. Atufigwegwe Mwakabalula is a senior official at the Bank of Tanzania who recently spoke about the increasing sophistication of counterfeit currency techniques and the importance of public vigilance in identifying fake banknotes. He highlighted the various security features embedded in Tanzanian currency that help prevent counterfeiting, emphasizing the severe legal consequences for those involved in such crimes.
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Recent news mentions
Mr Mwakabalula warned that counterfeiters are rapidly advancing their techniques.
Bank of Tanzania warns of sophisticated counterfeits as offenders face life imprisonmentThe Citizen – major Tanzanian English newspaper, est. 2004·
Tanzania· 2025-11-21
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