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Card image 15 October 2023 Daily Maverick

Zanzibar revokes property lease for UK developer, sparking legal and investment woes

The Zanzibar government is being sued over the cancellation of the property development lease for the $1.6-billion Blue Amber Resort. Some fear this will hurt the region’s efforts to attract foreign investment and any court-mandated settlement will drain the government’s coffers and affect its ability to provide critical public services.

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