This is investor news gathered from around the globe with a focus on Zanzibar, Tanzania and East African foreign investment news articles.
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British investor and hotelier Simon Wood, from Preston, Lancashire, and his wife Francesca Scalfari were locked up in a Zanzibar prison charged with money laundering. Both were released after pressure from British Embassy.Continue Reading
Simon Wood, a British Investor in Zanzibar is being held in a “hell hole” prison after being charged with money laundering by police on the paradise island of Zanzibar after he was arrested with his wife Francesca Scalfari. President of Zanzibar, Hussein Mwinyi, to recieve criticism for the couple’s detainment.Continue Reading
The directive comes as Zanzibar seeks to maximise the economic potential of its picturesque islets through modern tourism and hospitality investmentsContinue Reading
Schwager is claiming compensation of Sh15 million due to ongoing disturbances from nearby construction activities that have forced him to vacate his property.Continue Reading
Tourism investors in Zanzibar have voiced their concerns over the introduction of mandatory travel insurance, cautioning about its potential negative impact on the industry.Continue Reading
February 2023, Zanzibar will host the East and Central Africa Institutional Investors Forum, which will focus on impact investment.Continue Reading
The revocation of British developer Pennyroyal’s leasehold for the construction of Blue Amber Resort by the Revolutionary Government of Zanzibar has sent shock waves in the nascent property market on the Isles.Continue Reading
Criminals use darkness as a cover to commit crimes and harm others. If this continues, we will live in constant fear.Continue Reading
In August 2024, Zanzibar introduced the mandatory insurance policy, requiring all visitors to pay a fee of $44 but tourists number have contined rising since them, reaching a monthly record of 92,000 in DecemberContinue Reading
