Serena Hotels, South Africa's Stocks and Resorts Hotel, and Gibraltar-based Feram Holdings are the three companies short-listed for the acquisition of a 75 per cent stake in the government-owned Kilimanjaro Hotel in Dar es salaam.
The Nairobi based Serena Group of Hotels, which submitted its bid last year after the government announced its plans to sel some of its shares in the hotel, and Stocks and Resorts Hotel are the only companies from the COMESA region to show interest in the venture, while Feram Holdings is the only firm from outside Africa to put in a bid.
"Investment in historic cities can be a productive development investment, meeting practical needs, releasing creative energies and providing sources of social cohesion - not an unproductive investment in stagnating, barren environments."
Speaking at the inauguration of a 100-year old building, newly restored by the Aga Khan Trust for Culture, the Aga Khan drew attention to "the emerging understanding of the importance of culture as a critical element in development strategies in general, and for efforts to revitalise the historic cores of the world's towns and cities in particular."
The President of Zanzibar, Dr. Salmin Amour, has expressed his desire to see the Isles becoming a mercantile centre to oversee transfer of commodities between the outside world and the African continent.
Inaugurating the new Zanzibar Stone Town Cultural Centre here at the week-end, Dr. Amour further expressed his desire to see Zanzibar becoming another Dubai— or to be more exact, another Singapore.
He paid a glowing tribute to His Highness the Aga Khan and his entire working group for their effort to promote tourism in Tanzania.
"Understanding of the importance of culture is slowly emerging as a critical element in development strategies in general", the leader of the world's Ismaili community said in Zanzibar yesterday.
His Highness the Aga Khan made the observation at the inauguration of a 100 year old building, newly restored by the Aga Khan Trust for Culture.
He stated that culture was also crucial for efforts to revitalise the historic cores of the world's towns and cities.
President Benjamin Mkapa and the Shia Ismaili Muslim spiritual leader, Prince Aga Khan, yesterday visited the health professions development centre of the Aga Khan Hospital in Dar es Salaam.
At the Centre, President Mkapa and The Aga Khan were shown various diagnostic facilities for critical areas of need such as cardiac care.
The enhancement of the Aga Khan Hospital's facilities is part of the Aga Khan Health Service (AKHS) programme of creating a regional health system across East Africa to ensure improved and high quality services.
The Spiritual Leader of Shia Ismaili Community, Prince Aga Khan yesterday described the Zanzibar Serena Inn as a path-breaker project which will boost tourism industry in the isles.
Speaking at the official opening of the Zanzibar Serena Inn, He said the project would play a vital role in the re-awakening economic and social status of Zanzibar.
He said at the function which was also attended by President Benjamin Mkapa and Zanzibar President Dr. Salmim Amour that the project was significant to Zanzibar's economic benefits.
The Aga Khan, spiritual leader of the Shia Ismaili Moslems, opened a $7 million hotel on the island of Zanzibar at the weekend -- an investment welcomed by Tanzania as a boost to its tourist trade.
The 52-room hotel, in a historic seafront building which once housed the British consulate when Zanzibar was ruled by an Arab sultan, is the latest project of the Aga Khan's Serena group, which has built a chain of hotels in East Africa.
The Imam of the Shia Ismailia Muslims, His Highness The Aga Khan, arrived here yesterday from Kenya continuing his eight-day visit to East Africa.
The Aga Khan, who is accompanied by his brother, Prince Amyn Aga Khan, was received by the Minister for Justice and Constitutional Affairs, Mr. Bakari Mwapachu, at the Dar es Salaam Airport.
Tanzania plans to inject more resources into the tourism industry to ensure effective competition against other countries in attracting tourists, President Benjamin Mkapa said yesterday.
Opening the Zanzibar Serena Inn in the island, President Mkapa said his government, with the participation of donors, will strive to inject more resources into tourism supportive services, infrastructure and advertising.
President Moi yesterday stated that ``the role of the media in the social and economic development of any nation must not be underestimated.'' ``The media is not just an important partner in national development, it is an agent to influence thought and social change,'' he said during the inauguration of a new Sh750 million printing facility for Nation Newspapers Ltd in the presence of His Highness the Aga Khan.
The Forodhani Park was inaugurated in July 2009.
Prince Rahim, Prince Hussain and Princess Khaliya [Left photo] and Prince Amyn Mohammad, joined H.H. The Aga Khan and President Amani Karume at the opening of the Forodhani Park.