Shivo Towers granted investment certificate by ZIPA – The Project Commences

Shivo Towers granted investment certificate by ZIPA – The Project Commences

Paje, Zanzibar.  Shivo Towers had a momentous last week having been granted an investment certificate by the Zanzibar Investment Promotions Authority (ZIPA), marking another significant milestone in its journey to becoming a transformative force in the region.

Shivo’s Managing Director Richard Ashby expressed his excitement, stating that the approval of the certificate signals the commencement of construction for this iconic landmark.

“All the team at Shivo are extremely delighted to have finally received this approval certificate which signals the confidence the Zanzibar Investment Promotions Authority has in our ability to deliver this land mark project and the difference it will make to the people around and economy” said Mr Ashby. 

Shivo Towers’ roof top

Shivo Towers Luxury Apartments for sale in Zanzibar will transform Paje’s shores into an architectural gem. $35 million is the construction budget reshaping high-end real estate on the island, a feat that many do not believe is possible but that Mr Ashby and Shivo are set to lead the way in lifting the standards of property development investments in the Zanzibar archipelago.

This monumental project is set to enhance tourism accommodation options, support local employment while significantly contributing to government revenue and economic prosperity.

During the construction phase, Shivo Towers will create over 300 job opportunities for skilled and unskilled workers, providing a vital source of income for families in the region. This influx of labour is expected to inject millions of dollars into the economy through wages and consumption, fostering a ripple effect of prosperity.

One bedroom apartments

With 162 units spread across 10 floors and a total sales value of $50 million, Shivo Towers is projected to generate $7.5 million in VAT revenue. Pre-sales have already surpassed $3,900 per square meter, indicating strong market demand and potential for exceeding revenue targets.

The sale of luxury residences and operation of commercial spaces within the towers will also contribute significantly to tax revenue, making the development one of the highest tax-earning properties and apartments for sale in Zanzibar. Additionally, import duties on materials and furnishings for the construction and outfitting of the towers will further bolster government revenue.

Investors will be fascinated by the meticulously landscaped grounds, artfully illuminated pathways and huge pool with adjusting lighting programs from dawn to dusk, and lavish on-site amenities surround the towers, crafting an alluring oasis that transcends mere accommodation.

This opulent tropical environment entices investors seeking not just a place to reside, but an immersive luxury habitat tailored for both discerning tourists and those in search of a permanent, indulgent sanctuary where conveniences are catered for with impeccable service. The amenities alone and landscape design build cost is $3.3 million.

Richard Ashby has also addressed concerns about importation versus local production, emphasising the project’s commitment to exceptional quality and longevity. He highlighted the extensive job creation and skills development opportunities associated with Shivo Towers, underscoring its broader positive impact on the local community.

Mr Ashby stated “My vision for this project in relation to the local labour force is the same for the rest of our brand, wherein the workers who have taken part in the project will have something they can really hold on to for life in terms of work experience for the future jobs they do in Tanzania and indeed beyond, we aim to have a level of specialist supervision and materials technology that will really set many workers careers up for life thereafter with the knowledge and instruction they can gain on the project.”

Even after completion, the development will continue to be a significant source of employment, with over 75 full-time staff employed in various roles, ensuring its sustained contribution to the local economy.

As Shivo Towers begins its construction journey, it stands as a testament to the potential for transformative developments in Zanzibar from faith, big vision and the passion, skills and experience to bring it to life. Founding a landmark for Zanzibari’s and guests to Zanzibar alike to show pride in whilst offering both economic prosperity and architectural excellence for generations to come.

Follow Richard’s journey and connect with him on Instagram @Shivo_Tanzania

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Tanzania Confirms Outbreak of Marburg Virus Disease
Tanzania Foreign Investment News
Chief Editor

Tanzania Confirms Outbreak of Marburg Virus Disease

Dodoma — Tanzania today confirmed an outbreak of Marburg virus disease in the northwestern Kagera region after one case tested positive for the virus following investigations and laboratory analysis of suspected cases of the disease.

President of the Republic of Tanzania, Her Excellency Samia Suluhu Hassan, made the announcement during a press briefing alongside World Health Organization (WHO) Director-General, Dr Tedros Adhanom Ghebreyesus, in the country’s administrative capital Dodoma.

“Laboratory tests conducted in Kabaile Mobile Laboratory in Kagera and later confirmed in Dar es Salaam identified one patient as being infected with the Marburg virus. Fortunately, the remaining suspected patients tested negative,” the president said. “We have demonstrated in the past our ability to contain a similar outbreak and are determined to do the same this time around.”

A total of 25 suspected cases have been reported as of 20 January 2025, all of whom have tested negative and are currently under close follow-up, the president said. The cases have been reported in Biharamulo and Muleba districts in Kagera.

“We have resolved to reassure the general public in Tanzania and the international community as a whole of our collective determination to address the global health challenges, including the Marburg virus disease,” said H.E President Hassan.

WHO is supporting Tanzanian health authorities to enhance key outbreak control measures including disease surveillance, testing, treatment, infection prevention and control, case management, as well as increasing public awareness among communities to prevent further spread of the virus.

“WHO, working with its partners, is committed to supporting the government of Tanzania to bring the outbreak under control as soon as possible, and to build a healthier, safer, fairer future for all the people of Tanzania,” said Dr Tedros. “Now is a time for collaboration, and commitment, to protecting the health of all people in Tanzania, and the region, from the risks posed by this disease.”

Marburg virus disease is highly virulent and causes haemorrhagic fever. It belongs to the same family as the virus that causes Ebola virus disease. Illness caused by Marburg virus begins abruptly. Patients present with high fever, severe headache and severe malaise. They may develop severe haemorrhagic symptoms within seven days.

“The declaration by the president and the measures being taken by the government are crucial in addressing the threat of this disease at the local and national levels as well as preventing potential cross-border spread,” said Dr Matshidiso Moeti, WHO Regional Director for Africa. “Our priority is to support the government to rapidly scale up measures to effectively respond to this outbreak and safeguard the health of the population,”

Tanzania previously reported an outbreak of Marburg in March 2023 – the country’s first – in Kagera region, in which a total of nine cases (eight confirmed and one probable) and six deaths were reported, with a case fatality ratio of 67%.

In the African region, previous outbreaks and sporadic cases have been reported in Angola, the Democratic Republic of the Congo, Ghana, Kenya, Equatorial Guinea, Rwanda, South Africa and Uganda.

Marburg virus is transmitted to people from fruit bats and spreads among humans through direct contact with the bodily fluids of infected people, surfaces and materials. Although several promising candidate medical countermeasures are currently undergoing clinical trials, there is no licensed treatment or vaccine for effective management or prevention of Marburg virus disease. However, early access to treatment and supportive care – rehydration with oral or intravenous fluids – and treatment of specific symptoms, improve survival.

Source: allafrica.com

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