Peace pact seen boosting Zanzibar's investment appeal

Zanzibar President, Dr Hussein Ali Mwinyi. PHOTO | COURTESY

Zanzibar. The reconciliation agreement signed on Thursday, July 9, 2026, by the Zanzibar government, the ruling CCM and the opposition ACT-Wazalendo is expected to strengthen investor confidence, improve the business climate and support the Isles' ambition of becoming a regional hub for trade, tourism and maritime services.

Leaders from both sides said the accord extends beyond political reconciliation, arguing that lasting peace and stable governance are critical to attracting investment, expanding businesses and creating jobs in an economy driven largely by tourism, trade and services.