ARUSHA, Nov. 5 -- ZANZIBAR Minister for Finance and Planning, Dr Juma Malik Akil has called on the public to increase their participation in capital markets, highlighting their critical role in mobilising long-term financing, stimulating privatesector investment and advancing Tanzanias development ambitions.

He said a strong capital market was essential as the country seeks to increase private-sector participation in economic activities to 70 per cent by 2050.

Dr Akil made the remarks recently, during the launch of the Orbit Multi-Asset Exchange-Traded Fund (ETF) and the opening of Orbit Securities Limiteds Northern Zone office in Arusha.

“Sustainable development cannot depend entirely on government resources. We need a strong pr...