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lease revoked

Tanzania readying to talk to British developer over Zanzibar land lease revocation

Tanzania readying to talk to British developer over Zanzibar land lease revocation

2022-10-07
By: Chief Editor
On: October 7, 2022
In: Popular, Tanzania Foreign Investment News, Top News, Zanzibar Foreign Investment News

Dar es Salaam. British firm Pennyroyal Limited has said it will sue the Tanzanian government over leasehold revocation in Zanzibar, but the Attorney General has confirmed that they are preparing to meet with the investor.Continue Reading

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British Investor’s .6 billion real estate project in Zanzibar lies in limbo

British Investor’s $1.6 billion real estate project in Zanzibar lies in limbo

2022-09-27
By: Investment News Editor
On: September 27, 2022
In: Popular, Tanzania Foreign Investment News, Top News, Zanzibar Business News, Zanzibar Foreign Investment News

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

Zanzibar land lease controversy with British Developer

Zanzibar land lease controversy with British Developer

2022-09-27
By: Investment News Editor
On: September 27, 2022
In: Top News, Zanzibar Business News, Zanzibar Foreign Investment News

Zanzibar investment lease controversy rumbles on after President Hussein Mwinyi claims the land lease was terminated following a court case which the developer lost Contradictory details come to light.Continue Reading

Shock waves hit Zanzibar’s Real Estate industry

Shock waves hit Zanzibar’s Real Estate industry

2022-09-18
By: Investment News Editor
On: September 18, 2022
In: Popular, Tanzania Foreign Investment News, Top News, Zanzibar Foreign Investment News

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

Zanzibar terminates land lease offered to British developer

Zanzibar terminates land lease offered to British developer

2022-09-16
By: Chief Editor
On: September 16, 2022
In: Popular, Top News, Zanzibar Foreign Investment News

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

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Tanzania sees robust investment growth in Q3 of 2024/25 fiscal year

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