People’s Bank of Zanzibar (PBZ) board chair Joseph Meza (right) and PBZ managing director Arafat Haji present a gift to Insurance deputy commissioner Khadija Said during the launch of PBZ’s bancassurance services in Zanzibar on July 23, 2024. PHOTO | COURTESY.
The move aims to support the government's efforts through the 10-year Financial Strategy Plan (2020-2030), which aims to ensure that by 2030, 80 percent of Tanzanians have sufficient understanding of insurance services, with 50 percent actually using insurance services.