Zanzibar government receives Sh10 billion dividend from PBZ

The Minister of State in the President’s Office for Finance and Planning in Zanzibar, Dr. Saada Mkuya Salum (center), receives a cheque of Sh10 billion from the Managing Director of the People’s Bank of Zanzibar (PBZ), Fahad Soud Hamid (right).PHOTO/COURTESY

By  The Citizen Reporter

Media/news company

Mwananchi Communications Limited

What you need to know:

  • The payout comes from PBZ’s Sh107 billion profit for 2024, part of which has been directed to the government treasury to support fiscal priorities

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