Who are the richest people in
Tanzania? Or who are the
wealthiest people in the republic of
Tanzania? Are some of the many
questions asked by the people of
Tanzania who want to know the
kind of wealth, amount of money
and other resources their
countrymen and women own.
There are indeed a lot of wealthy
people in Tanzania and this article
is all about putting into perspective
and knowing them. Below is a
listing of some of the richest people
in Tanzania and what they own.
1. Said Salim Bakhresa
Who is Said Salim Bakhresa
Said Salim Awadh is the founder
and chairman of the Bakhresa
group f companies in Tanzania. He
is an industrialist, philanthropist
and entrepreneur who has created
a successful business empire
consisting of several companies in
only three decades.
How wealthy is Said Salim?
Said Salim is undoubtedly one of
the richest people in Tanzania. His
business empire is vast and has
operations in Tanzania,
Mozambique, Uganda and Malawi.
Some of said Salims wealth include
Azam grain milling
He has also invested in passenger
sea transportation
Sale and marketing of plastic
packaging materials
He also has vast interest in the
food and drinks industry.
2. Aziz Abood
Who is Aziz Abood?
Aziz Abood is also one of the richest
men in Tanzania. The Tanzanian
tycoon has invested in many
sectors of the economy like
passenger transportation,
information and communication
(owns tv and radio station), food
factories and truck manufacturing
company.
3. Nasoro
Nasoro is also a rich Tanzanian who
has made massive investments. The
economy of Tanzania is incomplete
without the mention of Nasoros
businesses. Some of the businesses
Nasoro owns include;
Real estate properties
Passenger
transportation
(superstar buses, royal
buses)
Logistics (doll trailers)
Also owns a
considerable number of
shares in Mtibwa sugar
company.
4. Mohamed Dewji
Mohamed Dewji is yet another rich
person in the republic of Tanzania.
Dewji has a sizeable number of
investments and businesses
ranging from factories, commercial
and residential properties and
shares in many of the leading
companies in Tanzania.
5. Reginald Mengi
Reginald Abraham Mengi is a well
known Tanzanian industrialist,
entrepreneur and media mogul.
Mengi is the founder of IPP Group
which is one of the regions biggest
privately owned companies. The
company has its base in the city of
Dar es Salaam. Other than the IPP
Group, Mengi also has interests in;
IPP consulting company
Coca-cola franchise holder
(Bonite bottlers and Kilimanjaro
spring water)
IPP Media which comprises of the
Guardian, Alasiri, Nipashe,
independent, kasheshe, ITV, EATV,
sky fm and the east Africa radio.
6. Michael Ngaleko
Michael Ngaleko is also among the
richest people in Tanzania. He is
believed to own a considerable
number of shares in some of the
biggest companies in east Africa. He
also has an interest in Precision air
which is a regional airline that
specializes in passenger and cargo
transportation in the east African
region.
7. Fida Hussein
Fida Hussein is yet another of the
richest people in Tanzania. Some of
the businesses associated with this
business personality include;
Africarriers,
Commercial and residential
properties including raha and Zahra
towers.
8. Yussuf Manji
Yussuf Manji is another of the top
richest people in Tanzania. He owns
substantial interest in some of the
largest companies in the region
and is believed to be worth
hundreds of millions of Tanzanian
shillings. He has invested in
properties (both residential and
commercial), the auto industry and
he is also the founder of the Quality
Group.
9. Nazir Mustafa
Rounding up of our top richest
people in Tanzania is Nazir Mustafa
Karamagi. He is a successful
businessman believed to be worth
hundreds of millions of shillings. He
is the owner of the famous
Tanzania international container.
Apart from the above mention
people, honorable mention also
goes to the following individuals
who are also believed to be among
the richest in tanzania
Edward Ngoyayi Lowassa
Mohamed Aboud
Tarimba Abass
Philemon Ndesamburo