Matajiri Kumi Wa-Tanzania

Amavubi

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Forbes Releases Top 10 Richest Men in Tanzania for October, 2018 - Page 10 of 10

Mohammed Dewji is one of the youngest richest people in the continent of Africa at just 40 years of age.

He owns a magnificent 75% stake in the METL Group which is one of the largest industrial conglomerates in the country.

2.ROSTAM AZIZI




He holds the record of being the first ever billionaire that the nation of Tanzania has produced. He is the owner of a Caspian Mining, a mining company that provides professional services for bigger mining companies such as Barrick Gold and BHP Billiton.

3.SAID SALIM BAKHRESA

He ventured into business at the age of 14 after dropping out of secondary school. From selling potato mixes to opening a small restaurant and then venturing into grain milling, Mr. Bakhresa has been building his business empire steadily for the past 30 years and today, he has become one of the richest men in East Africa.


His company, the Bakhresa Group of Companies is active in the food processing industry, petroleum, sea transport and grain milling industries.



4.REGINALD MENGI

Mr. Reginald Mengi heads and owns one of the largest media conglomerates in the continent of Africa known as the IPP Media Group.

The IPP media group encompasses 11 radio stations, Television stations, newspapers and Internet facilities.



Ally Awadh is one man with a very brilliant mind for business. He has gone on to make investments in the oil and gas industry and has become a mogul in that sector.

6.SHEKHAR KANABAR



6.SHEKHAR KANABAR


Shekhar Kanabar is the manager of the Synarge Group and this conglomerate is already one of the most acknowledged conglomerates in Tanzania.


7.SUBASH PATEL

8.GHALIB SAID MOHAMMED


Ghalib Mohammed was a partner to his father and they were gurus in the cashew plant business and also general commercial activities.
Ghalib, however, decided to set up his own personal franchise which he named as the GSM group.

9.FIDA HUSSEIN RASHID




Fida Rashid is the founder of Africarriers group. Africarriers group as a company became the first of its kind to deal with second-hand vehicles.


Since then Mr. Rashid has soared high in the automotive industry and he has not looked back. As of now, Africarriers has the sole distribution rights to certain brands which include Eicher and Golden Dragon.

10.YUSUF MANJI




Mr. Yusuf Manji has interests in real estate, both the residential and commercial aspects of it.


He is the founder of Quality Group of companies. Yusuf Manji also has an involvement in the automotive industry in Tanzania.


This has made him one of the richest men in the country. As a seasoned and renowned estate consultant in Tanzania, he has made his wings among the top government parastatals due to his integrity and good services offered to his clients.
 
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