Tanzania: Central Bank Depicts Zanzibar's Economic Slowdown

Unlike mainland Tanzania, Zanzibar’s economic activities slowed down due to the coronavirus shocks that shaked vital economic sectors.

By Padili Mikomangwa

The Tanzanian central bank (Bank of Tanzania - BoT) published a detailed economic bulletin for the

quarter ending September 2020, which showed Zanzibar's economy taking a nosedive contracting by 2 per cent compared to a growth rate of 5.2 per cent in the corresponding quarter in 2019. Zanzibar--the semi-autonomous region of Tanzania, is taking various [... ]