Sultanate of Zanzibar fled into exile, and the Sultanate was replaced by the People's Republic of Zanzibar and Pemba. In April 1964, this short-lived communist republic was united with Tanganyika to form the United Republic of Tanganyika and Zanzibar, which became known as Tanzania six months later. By 1964, the country was a constitutional monarchy ruled by Sultan Jamshid bin Abdullah. Zanzibar had a population of around 230,000 natives, some of whom claimed Persian ancestry and were known locally as Shirazis. It also contained significant minorities in the 50,000 Arabs and 20,000 South Asians who were prominent in business and trade. The various
History of Zanzibar The film "Africa Addio" documents the violence and massacre of unarmed ethnic Arab civilians. The revolutionary government nationalized the local operations of the two foreign banks in Zanzibar, Standard Bank and National and Grindlays Bank. These nationalized operations may have provided the foundation for the newly created Peoples Bank of Zanzibar. Jetha Lila, the one locally owned bank in Zanzibar, closed. It was owned by Indians and although the revolutionary government of Zanzibar urged it to continue functioning, the loss of its customer base as Indians left the island made it impossible to continue. One of the main impacts of