import substitution industries, such as cigarettes, shoes, and processed agricultural products. In 1992, the government designated two export-producing zones and encouraged the development of offshore financial services. Zanzibar still imports much of its staple requirements, petroleum products, and manufactured articles.
There is also a possibility of oil availability in Zanzibar on the island of Pemba, and efforts have been made by the Tanzanian Government and Zanzibar revolutionary Government to exploit what could be one of the most significant discoveries in recent memory. Oil would help boost the economy of Zanzibar, but there have been disagreements about dividends between the Tanzanian mainland and Zanzibar, the latter claiming the oil should be excluded in Union matters. A Norwegian consultant has been sent to Zanzibar to investigate its oil
