All hotels in Zanzibar will now be required to insure locally. This is after resarch showed a significant number are insured with foreing firms said the Tanzania isurance Supervisory department. Zanzibar has four registered insurance firms in additin to other recognised and legal agents. Hotels taking out insurance with foreign firms are denying the government revenue which is going to other countries where the hotels are insured. This will now apply to all investments in the hotel industry including fishin, air charter and any other related business that is locally registered. Zanzibar is known to have the some of the best hotels in the East African Coast.
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1 comment:
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