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
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
The Zanzibar Anti-Corruption and Economic Crimes Authority (Zaeca) intervened and arrested Zabinski, now referred to as the “King of Zanzibar.”Continue Reading
Despite having disappeared, leaving his victims in disarray, his fellow Poles claim he remains a free man often seen roaming the streets of Stone Town.Continue Reading
Ankaya Village offers more than just a place to live—it’s a lifestyle choice that’s as enriching as it is rewardingContinue Reading
By promoting economic growth through diverse activities that enhance entrepreneurship, tourism, women’s empowerment, and youth development, the festival is making a significant impact.Continue Reading
