Zanzibar to mandate CSR contributions amid expanding investment landscape

Unguja. Zanzibar is finalising regulations that will compel investors to fulfill their corporate social responsibility (CSR) obligations in the areas where they operate, the government said, while at the same time maintaining a supportive environment to attract both local and foreign investment.

The Second Vice President of Zanzibar, Mr Hemed Suleiman Abdulla, said the government recognises the private sector’s contribution to economic growth and investment promotion, and will therefore ensure a conducive environment that continues to draw investors to the Isles.