By Alex Nelson Malanga Dar es Salaam. Business magnet Rostam Aziz has made his entry into the aviation sector after buying a controlling stake of Coastal Travels Company Limited in a move that could potentially bring a cutthroat competition among players. Through his Taifa Aviation Company, Mr Aziz has boughtContinue 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
Kenya’s move on Standard Gauge Railway comes as neighbour Tanzania steps up its efforts to connect the Dar es Salaam port with other East African countries through the Central Corridor. This week’s order by Kenyan President William Ruto to revert cargo clearing services to the port of Mombasa could upsetContinue Reading
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
