People's Bank of Zanzibar limited to the islands of Zanzibar and Pemba. In April 2011, the bank opened a branch in Dar es Salaam on the mainland. As of May 2012, it planned new branches in Mwanza, Arusha, Mtwara, and Mbeya. In December 2011, the bank launched an Islamic bank window, in addition to the conventional banking services that it offers. PBZ is wholly owned by the government of Zanzibar. As of November 2014, The Peoples Bank of Zanzibar Limited maintains 11 branches at the following locations: People's Bank of Zanzibar The People's Bank of Zanzibar (PBZ) is a commercial bank in Tanzania. It
History of Zanzibar Somaliland. Zanzibar was famous worldwide for its spices and its slaves. During the 19th century, Zanzibar was known all over the world in the words of Petterson as: "A fabled land of spices, a vile center of slavery, a place of origins of expeditions into the vast, mysterious continent, the island was all these things during its heyday in the last half of the 19th century. It was the Africa Great Lakes' main slave-trading port, and in the 19th century as many as 50,000 slaves were passing through the slave markets of Zanzibar each year. (David Livingstone estimated that 80,000