Tanzania, Dec. 8 -- Dar es Salaam. Zanzibar President Hussein Ali Mwinyi yesterday revealed measures his government is taking to attract investment to the Indian Ocean archipelago, which endeavours to reap big from the blue economy.

Dr Mwinyi, who was speaking in Zanzibar during an investment conference organised to mark 60 years of Tanzania's independence, said his government is now issuing investment permits within three days, provided all formalities have been completed by applicants.

"Our ultimate goal is to reduce the number of days, and make investment permits available within 24 hours. By doing so, it will build investor confidence, and encourage more...