CMSA conducts awareness on capital market in Zanzibar

The authority conducted education to  the residents who visited the Zanzibar International Trade Fair  started on January 7 this year at Dimani Fumba.

Speaking to journalists yesterday, CMSA Public Relations Officer Stella Anastazi, said the authority takes part in the trade fair with the aim of educating the public on  capital markets. 

Anastazi said she was pleased to served a  big response from different people who visited the CMSA’s pavilion to learn how the capital markets operates. 

“The aim is to bring education to residents of Zanzibar, as well as to update them over the achievements made by the authority so far,” she stated.

She added: “The trade fair has been an opportunity for us to meet people face-to-face for creating awareness. This would boost investments in the capital markets.”

She said the authority has  come with different fliers that would further help in creating awareness to many people about the capital markets. 

Anastazi said that the  leaflets also serve as guidelines on how to invest in the capital markets as well as other things done by the authority.

During the awareness creation, the CMSA also educate the public to get rid of investing in the pyramid schemes, which are also unlawful in the country.

Hamis Shaibu Hamad, one of visitors at the trade fair, said that the awareness creation has helped him to capital markets  works.

He said  after visiting the CMSA pavilion he got to learn the sector and how to invest.

“You know when you don’t have knowledge about something you may miss out opportunities. I have got knowledge, and I will be good ambassador so that my colleagues could also invest in the capital market,” he said.