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Tanzanian-economy-is-changing
13 January 2022 0 Comments Maciej Majerczak Bez kategorii
Tanzanian economy is changing.

Known as the Spice Island, the beautiful island of Zanzibar on Africa’s east coast is bursting with culture and history, seemingly at odds with its idyllic geography of white-sand beaches with palms swaying lazily in the sea breeze. Together this makes Zanzibar a fabulous place to explore as well as a dream to relax and unwind.

Zanzibar is the semi-autonomous part of Tanzania in East Africa. It is composed of the Zanzibar Archipelago in the Indian Ocean, 25–50 kilometres (16–31 mi) off the coast of the mainland, and consists of many small islands and two large ones: Unguja (the main island, referred to informally as Zanzibar) and Pemba. The capital is Zanzibar City, located on the island of Unguja. Its historic centre is Stone Town, which is a World Heritage Site.

Portuguese invasion and control of the Swahili Coast in the late 16th century ended the golden age of the archipelago, although the Omani Arabs returned to power less than a century later. Today, many of the winding streets and high townhouses of old Stone Town remain unchanged and visitors can walk between the sultan’s palace, the House of Wonders, the Portuguese fort and gardens, the merchants’ houses, and the Turkish baths of the old city. Day-long spice tours to working plantations offer visitors the chance to observe the cultivation of cloves, vanilla, nutmeg, cinnamon, and other spices that have made the island famous.

Zanzibar’s coastline offers some of the best beaches in the world, but sand and surf vary depending on what side of the island you’re on. On the east coast, waves break over coral reefs and sand bars offshore, and low tide reveals small pools of starfish, small minnows, and anemones. Up north, ocean swimming is much less susceptible to the tides, and smooth beaches and white sand make for dazzling days in the sun.

The port city of Stone Town dominates the west coast, and although the beaches of Mangapwani, where slave caves are visible at low tide and nearby Bububu are less than half an hour’s drive away, a night or two spent on the east or north cost is well worth the extra hour it takes to drive there. That said, the Chole Island Marine Park just off Stone Town – and nearby Prison, Grave, and Snake Islands – make a refreshing day-trip and a good break from exploring the winding passageways of the old city.

On the south coast of Zanzibar lies the Menai Bay Conservation Area, a sea turtle protection area for the endangered species that come to breed on the island. Roads to the southeast coast take visitors through the Jozani Forest, home to Zanzibar’s rare Red Colobus monkeys and a number of other primate and small antelope species.

Source: worldbank.org 

Images: unsplash.com

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Few words about Zanzibar
13 January 2022 0 Comments Maciej Majerczak Bez kategorii
Few words about Zanzibar

Known as the Spice Island, the beautiful island of Zanzibar on Africa’s east coast is bursting with culture and history, seemingly at odds with its idyllic geography of white-sand beaches with palms swaying lazily in the sea breeze. Together this makes Zanzibar a fabulous place to explore as well as a dream to relax and unwind.

Zanzibar is the semi-autonomous part of Tanzania in East Africa. It is composed of the Zanzibar Archipelago in the Indian Ocean, 25–50 kilometres (16–31 mi) off the coast of the mainland, and consists of many small islands and two large ones: Unguja (the main island, referred to informally as Zanzibar) and Pemba. The capital is Zanzibar City, located on the island of Unguja. Its historic centre is Stone Town, which is a World Heritage Site.

Portuguese invasion and control of the Swahili Coast in the late 16th century ended the golden age of the archipelago, although the Omani Arabs returned to power less than a century later. Today, many of the winding streets and high townhouses of old Stone Town remain unchanged and visitors can walk between the sultan’s palace, the House of Wonders, the Portuguese fort and gardens, the merchants’ houses, and the Turkish baths of the old city. Day-long spice tours to working plantations offer visitors the chance to observe the cultivation of cloves, vanilla, nutmeg, cinnamon, and other spices that have made the island famous.

Zanzibar’s coastline offers some of the best beaches in the world, but sand and surf vary depending on what side of the island you’re on. On the east coast, waves break over coral reefs and sand bars offshore, and low tide reveals small pools of starfish, small minnows, and anemones. Up north, ocean swimming is much less susceptible to the tides, and smooth beaches and white sand make for dazzling days in the sun.

The port city of Stone Town dominates the west coast, and although the beaches of Mangapwani, where slave caves are visible at low tide and nearby Bububu are less than half an hour’s drive away, a night or two spent on the east or north cost is well worth the extra hour it takes to drive there. That said, the Chole Island Marine Park just off Stone Town – and nearby Prison, Grave, and Snake Islands – make a refreshing day-trip and a good break from exploring the winding passageways of the old city.

On the south coast of Zanzibar lies the Menai Bay Conservation Area, a sea turtle protection area for the endangered species that come to breed on the island. Roads to the southeast coast take visitors through the Jozani Forest, home to Zanzibar’s rare Red Colobus monkeys and a number of other primate and small antelope species.

Source: tanzaniatourism.go.tz Images: unsplash.com

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ZIPA- Zanzibar Investment Promotion Authority
13 January 2022 0 Comments Maciej Majerczak Bez kategorii
ZIPA- Zanzibar Investment Promotion Authority.

 ZIPA- Zanzibar Investment Promotion Authority.  Here are the the most frequent questions answered by ZIPA. 

What are the procedures for applying investment certificate?

There are two stages to follow for applying investment certificate: The first stage is to fill investment intention form and submitted along with the concept note of the proposed investment project. Once the concept note is approved, the second stage is to provide the application form to the prospective investors for non refundable fees of USD 200. A filled application form should be submitted to ZIPA, accompanied with the copies of the following documents:

Ten (10) copies of business plan/feasibility study.

Proof of availability of fund.

Copy of main pages of passports, passport size photographs, curriculum Vitae (CV).

Police clearance certificate of all shareholders from country of residence and country of origin.

Certificate of incorporation.

Memorandum and article of Association.

Receipt of payment done for application form.

Any other document to support the application.

What are the investment opportunities available in Zanzibar?

There are wide range investment opportunities from different sectors available in Zanzibar. These opportunities are available in Tourism, Manufacturing, Blue Economy, Energy, Agricultural, Real-estate development and others.

What are the initial investment capital for investing in Zanzibar?

The minimum initial investment capital varies from one sector to another and foreigners to citizens. For hotel and real estate sectors, the minimum investment capital is USD 2,500,000 and USD 300,000 while other sectors is USD 300,000 and USD 100,000 for foreigners and citizens respectively.

Is there any investment incentives in Zanzibar?

ZIPA offers lucrative packages of incentives. These include fiscal and non  fiscal incentives for investments under Free Economic Zones, strategic investments   and investments outside the Free Economic Zones.

Can a foreigner own land for investment in Zanzibar?

No the foreigner can not own the land according to The Land Tenure Act 1992. How ever the Act further provides the opportunity for the land to be leased to any person, Zanzibari or non-Zanzibari, intending to use that land for investment purposes subject to the approval of an investment project by ZIPA or other relevant authorities. The lease period goes up to 99 years.

How long does it takes for the work and resident permits to be processed?

The issuance of Work and Residence Permits is governed by the Employment Act No.11 of 2005 and the Immigration Act No.7 Cap 54 respectively. The Zanzibar Investment Promotion and Protection Act No.14 of 2018 provides an opportunity for the approved projects to employ expatriates in key positions that are determined by ZIPA. Through its One Stop Centre the work and resident permit are processed within 24 hours given all the supporting documents have been approved.

Does ZIPA have the land for supporting investments?

Yes ZIPA has the land for supporting investments, these land include five (5) free economic zones which are more incentivised Economic Regulations than any where else in the country. In addition to this ZIPA has also been handed over land banks which include over 50 Islets for investment.

Does ZIPA have designated areas for manufacturing and other investment?

Yes has five (5) designated areas for manufacturing and other investment, There are Amani Industrial Pack, Fumba Zone, Airport Free Port, Maruhubi Free Port and Micheweni Zone for Pemba. 


Source: zipa.go.tz Images: unsplash.com

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