Tanzania, Aug. 7 -- Dar es Salaam. Tanzania has taken another step towards its goal of increasing insurance coverage to 50 percent of the population by 2030, with the Tanzania Insurance Regulatory Authority (Tira) opening a regional office in Pemba to improve access to insurance services.

The office, located at Karafuu House in Chake Chake, was officially inaugurated on Thursday, August 7, by Zanzibar's Second Vice President, Hemed Suleiman Abdulla.

The new office is expected to bring regulatory services closer to residents, improve consumer protection and strengthen public awareness of insurance across Pemba.

Speaking at the launch, Mr Abdulla said the office would make it easier for individuals, businesses and institutions to access ...