Zanzibar — The Administration of Shandong Province of China has shown interest in investing in various development areas in the isles.
The delegation led by the Vice-Chairman of Shandong Province Mr Zhang Xinwen expressed the interest when they met President Hussein Mwinyi at the State House.
President Mwinyi invited the investors to invest in various areas including the blue economy sector.
“We still have many areas including opportunities in fishing, tourism, sea transport and agriculture and the government guarantees security and good environment of investing and doing business with improved infrastructures,” Dr Mwinyi said.
He explained that the people of Zanzibar are proud of the existing strong Zanzibar-China historical relation that has enabled medical personnel from China including Shandong province to serve in Zanzibar for many years.
“We thank China government and medical personnels for the ongoing support in improving healthcare in the Islands of Zanzibar, providing services in various hospitals,” said Dr Mwinyi as Mr Zhang utilised the opportunity to invite the Zanzibar President to visit the province.
ALSO READ: Mwinyi optimistic of US Congressional visit
President Mwinyi accepted the invitation to visit Shandong Province.
The Province Vice-Chairman thanked Zanzibar government and its people for the good reception, which further cements the relations.
“We will find areas to invest in blue economy and agriculture,” Mr Zhang said.
Meanwhile the Switzerland Ambassador to Tanzania, Mr Didier Chassot met Dr Mwinyi and discussed various issues including strengthening relationship between Switzerland and Zanzibar, according to a statement from the State House.
Source: allafrica.com
Share this news
This Year's Most Read News Stories
Will Tanzania agree to Starlink Internet Service?
Will the Tanzania government let Starlink, the world-famous internet service provider, operate in the country?Continue Reading
Tanzania: Samia Hands Over NBC’s 354m/ – Crop Insurance Compensation to Farmers Affected By Hailstorms
President Samia Suluhu Hassan, has handed over a cheque of 354m/- from the National Bank of Commerce (NBC) as compensation to tobacco farmers, who were affected by hailstorms during the previous farming season in various regions across the country.
Handing over the cheque in Dodoma, the compensation is part of the crop insurance service provided by NBC in collaboration with the National Insurance Corporation (NIC).
Furthermore, President Samia has also handed over health insurance coverage to members of the Lindi Mwambao Cooperative Union based in Lindi Region, through the Farmers’ Health Insurance service provided by the bank in partnership with Assurance Insurance Company.
While visiting the bank’s pavilion at the Nanenane Agricultural Exhibition and being received and briefed by the bank’s Managing Director, Mr. Theobald Sabi, she said: “This crop insurance is one of the crucial solutions in ensuring farmers have a reliable income, without fear of challenges such as natural disasters, including hailstorms.
“I call upon all farmers in the country to make the best use of this important opportunity by accessing these kinds of insurance services. I also highly commend NBC and all the stakeholders participating in this programme.”
Elaborating further on the crop insurance service, the Minister of Agriculture, Hussein Bashe, stated that it will help to recover the loss farmers incurred, especially in various calamities beyond their control.
Citing them as floods, fires, and hailstorms, which have significantly affected the well-being of farmers and caused some to be reluctant to invest in the crucial sector, Mr Bashe added: “However, our President, this step by NBC is just the beginning, as this is the second year since they started offering this service, and the results are already visible.
Sign up for free AllAfrica Newsletters
Get the latest in African news delivered straight to your inbox
“As the government, we promise to continue supporting the wider implementation of this service, with the goal of ensuring that this crop insurance service reaches more farmers.”
ALSO READ: NBC participates in TFF 2023/24 awards, promises to enhance competition
On his part, Mr Sabi said that the farmers who benefited from the compensations are from 23 primary cooperative unions in the regions of Shinyanga, Geita, Tabora, Mbeya, Katavi, and Kigoma.
He added: “In addition to these insurance services, as a bank, through this exhibition, we have continued with our programme of providing financial education and various banking opportunities to farmers, alongside offering them various loans, including loans for agricultural equipment, particularly tractors, to eligible farmers.:
At the NBC booth, President Samia also had the opportunity to be briefed on the various services offered by the bank to the farmers namely crop insurance and health insurance services.
There, the President had the chance to speak with some of the beneficiaries of the services, including the Vice-Chairman of the Lindi Mwambao Primary Cooperative Union, Mr. Hassan Mnumbe, whose union has been provided with a health insurance card from the bank.
Source: allafrica.com
East Africa Must Prepare for More Extreme Rainfall During the Short Rainy Season – New Study
East Africa has recently had an unprecedented series of failed rains. But some rainy seasons are bringing the opposite: huge amounts of rainfall.Continue Reading
