Call for Zanzibar central bank and Currency; will prosperous by improving it's financial discipline

nngu007

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Wed, Jun 20th, 2012
Tanzania | Wed, June 20th,2012

Zanzibar will be prosperous if it improves financial discipline, and set-up its own central Bank and currency, some legislators said when debating the 2012/2013 Zanzibar budget.


Hamza-Hassan-Juma.jpg

Hamza Hassan Juma


Mr Omar Ali Shehe (CUF- Chakechake), Mr Hija Hassan Hija (CUF-Kiwani), Mr Ismail Jussa Ladu (CUF-Mjimkongwe), and Mr Hamza Hassan Juma (CCM-Kwamtipura), said that the abuse of office was undermining the islands' economy.


"We still lack transparency in public offices. Expenditure lacks supporting documents and yet executives are not held accountable. It is unfair to increase taxes on commodities affecting lives of majority people while corrupt civil servants continue to embezzle public funds," Mr Hamza said.


He warned that the government risked losing public trust if it continues to be silent on improving accountability and good governance in the government particularly on how public funds are spent. Mr Ladu said that there was a lot of controversy in the
Zanzibar budget, and unclear expenditures of public funds.


The Mji-Mkongwe legislator also said that the Union between
Zanzibar and Tanganyika was slowing development of the islands because it gave the islands no control over currency policies. "One of the causes for inflation and rising costs of living is the devaluation of Tanzania currency.


We fall victims for no reason! It is high time we had our own central bank and currency," Mr Ladu said. The visibly charged legislator appealed to
Zanzibar President Ali Mohamed Shein, his two vice presidents and ministers to stand firm for the interest of Zanzibar, saying the legislators were behind them.


The backbenchers vowed to continue demanding for Zanzibar rights in the Union as they asked other pressure groups in the islands to do the same without violence. They asked every Zanzibari to give their opinions during constitution Review Process.


By ISSA YUSSUF,
Tanzania Daily News
 
Wazanzibari Wamechoka na Uchumi wa Bara UFISADI, kusamehe KODI, KUSHUKA mara kwa mara kwa Currency ya Tshs

Sasa wanataka their own CENTRAL BANK as well as their own CURRENCY...


In a long run, Zanzibar itakuwa ni Shida kubwa kwa Tanganyika kwa Dunia ya Sasa ni bora iiachie iondoke kuliko

kuishikilia, kwasababu hakuna hata mmoja mwenye mazuri kuhusu Muungano; na Ukimwuliza yoyote wa bara pia hajui

Manufaa yake sasa kwanini Muungano?
 
Hawa hawatujui, tutachukua karafuu yao yote tuone wata export nini? Labda waanzishe rasmi maduka ya makaka poa na masupa maketi ya kuuza aina mbalimbali za majini
 
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