Zanzibar agency, NMB ink Forodhani park agreement

Chief of retail banking at NMB Bank Plc, Mr Filbert Mponzi (second left) and the director for Zanzibar’s Stone Town Development and Conservation Authority, Mr Ali Said (second right) display agreement documents for their two organisations at the weekend. From left is NMB Bank’s Zanzibar Cluster Manager, Naima Said Shaame, the Minister of Tourism and Heritage of Zanzibar, Simai Mohamed Said and Urban district commissioner, Rashid Simai Msaraka. PHOTO|COURTESY

What you need to know:

  • The move, according to NMB Bank’s head of retail banking, Mr Filbert Mponzi, is in line with the lender’s efforts to support Zanzibar’s blue economy model, which focuses on boosting tourism potential