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Tanzania central bank tells hotels to obtain foreign currency exchange license

BoT governor, Emmanuel Tutuba, urges tourist hotel owners and operators to obtain foreign currency exchange licences to combat the black market.

Zanzibar: Containers and dhows carrying alcohol stuck at Malindi Port

ZMMI, Scotch Store and One Stop Company have filed contempt of court case against Nicholas Eshalin, the chief executive officer of the Zanzibar Multipurpose Terminal

East Africa Must Prepare for More Extreme Rainfall During the Short Rainy Season – New Study

East Africa Must Prepare for More Extreme Rainfall During the Short Rainy Season – New Study

East Africa has recently had an unprecedented series of failed rains. But some rainy seasons are bringing the opposite: huge amounts of rainfall.

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Zanzibar Foreign Investment News

Zanzibar Investor News

Investment, Commerce, Foreign Investment, Blue Economy

Foreign Investment Tanzania

Tanzania Investor News

Investment articles, news and blogs Tanzania

Foreign Investments East Africa

East Africa Investor News

Investment Legalities, Property, land, ownership, residency

Is Zanzibar a good place to invest?

Land & Property Ownership

Property in Zanzibar is sold with a 99 year lease, that is often issued gradually in 33 year phases. The property owner will have the ability to renew the lease when the term is expiring.

Are there Tax Incentives on Zanzibar?

Zanzibar Investment Tax

The Latest Tax Free Destination For Foreign Businesses In Africa Is Zanzibar. Here’s How
The Tanzanian island of Zanzibar in 2021 introduced a new free tax and residency program for expats who want to live and invest there.

What Are Challenges to Foreign Investment?

Zanzibar Investment Hurdles to Overcome

In Zanzibar to encourage private investment to thrive with foreign investments requires a stable and predictable investment climate, which is provided by transparent and accountable government, strict enforcement of the rule of law, skilled and productive labour force, affordable and accessible infrastructure, and intelligent infrastructure. In Zanzibar there are still challenges for investment in three main categories: cultural challenges, legal challenges, and administrative & operational challenges.

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