Zanzibar celebrates 58 years of revolution with focus on blue economy
Dar es Salaam. Zanzibar is now celebrating 58 years of the overthrow of the Sultanate government, now focusing on building a new economy, which will harness the potentials of the blue economy.
Known as Revolution Day, January 12 is the day in 1964 when Zanzibar overthrew the sultanate to form its independent government.
President Samia Suluhu Hassan is expected to honor the event planned in the Indian Ocean archipelago.
Preparations were all set for the celebrations, which reminded people of the liberation struggles and the new journey after political independence.
However, the goal for now is to transform the economy with a focus on harnessing the potential of the blue economy.
“As we celebrate 58 years of revolution, I wish everyone success. I would also like to remind you that the political revolution has ended, so we must continue to work hard, ”said President Hassan during the inauguration of a new textile factory on the island.
“Let’s all focus now on the economic and development revolution. Let us all unite to build our country with economic development so that everyone enjoys life according to the best standards, ”she said.
Zanzibar’s economy relies primarily on tourism and is supported by exports of cloves, seaweed, manufactured goods, and fish and fishery products to generate foreign exchange.
To revive the economy, the President of the Islands Hussein Ali Mwinyi has taken various measures in favor of the blue economy.
Dr Mwinyi says unlocking the blue economy includes investing in modern hotels, extracting natural resources like oil and gas, investing in modern fishing equipment and fish processing factories. , as well as the construction of an algae processing plant.
Dr Mwinyi said his government was attracting investment in the tourism sector, which is the mother of the blue economy.
“Investments in hotel constructions worth $ 250 million, $ 70 million, $ 15 million, etc., are underway. Islands have been proposed for a similar investment, a decision that has yielded a good response, ”he said in a recent interview.
He said he was confident that the tourism sector will continue to perform well due to the given incentives, good business environment and market availability.
He said abundant oil and gas discoveries were made in Zanzibar, saying his government was now working to extract natural resources for power generation and home use.
Last year, Zanzibar announced plans to build the tallest skyscraper in sub-Saharan Africa, with a bill of $ 1.3 billion exceeding the archipelago’s annual budget by more than 60%.
The 70-story Zanzibar Domino Commercial Tower will be developed on the West Coast, 15 kilometers (nine miles) from the UNESCO World Heritage Site of Stone Town, and will involve the creation of an artificial island as well as a port of pleasure for yachts and cruises. ships.
At over 3 trillion shillings, total spending will exceed the semi-autonomous archipelago’s 2021/22 budget by more than 60%.
The completed project will house 560 apartments, luxury hotels, resorts, a golf course and a wedding chapel, according to a statement from New York and Dubai-based design firm xCassia, Tanzanian group AICL and Scotland’s Crowland Management Ltd.
When completed, the skyscraper will be the second tallest building in Africa, after the iconic 80-story Egyptian tower which is slated for completion this year.
The tallest building on the continent in use is the 55-story Leonardo in Sandton, Johannesburg.
Last August, the Zanzibar government offered potential investors to lease ten of the 52 islets around Unguja and Pemba Islands.
The ad attracted $ 261.5 million (around Shs.603 billion) in investment from investors, according to the Zanzibar Investment Promotion Agency (Zipa) which decided to put nine more islets up for rent. .
After the revolution, Zanzibar united with Tanganyika on April 26, 1964 to form the United Republic of Tanzania which follows two systems of government headed by the president of the union and that of Zanzibar.
Tanganyika, which is now the mainland of Tanzania, gained independence from Britain on December 9, 1961, the earliest in the East African region.
At the continental level, Ghana became the first country in sub-Saharan Africa to gain independence in 1957.
A wave of sub-Saharan African countries became independent in the 1960s, with 17 gaining autonomy from colonial Belgium, Britain and France in 1960 alone.