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 Revolutionary Government of Zanzibar (SMZ) has terminated a land lease held by British property developer Pennyroyal Limited in Matemwe, the developer has announced.Continue 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
Summary On Thursday, in a meeting in Mombasa, six EAC partner States reached a consensus that the 35 percent tax will be levied effective July 1, 2022. This means Burundi, Kenya, Rwanda, South Sudan, Uganda and Tanzania will slap importers with higher tariffs on the affected goods. The levy toContinue Reading
