Matajiri Wamasoko
Matajiri, mabilionea na hatua zao za uwekezaji — DSE na uchumi wa Tanzania
Soko: Limefungwa
DSE (Dar es Salaam)
Fuatilia matajiri wamasoko, mabilionea na viongozi wanaoathiri soko la hisa na miradi ya kitaifa nchini Tanzania — kutoka ununuzi wa hisa kwenye DSE (NMB, CRDB, Vodacom) hadi uwekezaji wa viwanda na miundombinu. Kila hatua ina kiungo cha chanzo cha umma.
30 watu
62 hatua
19 hisa DSE
Matajiri
Wote
Aliko Dangote
Arnold B. S. Kilewo
Aunali Rajabali
Benjamin Fernandes
Dr Hussein Ali Mwinyi
Dr. Abdulmajid Nsekela
Dr. Irene Isaka
Dr. Suleiman Ikomba
Edha Nahdi
Ernest S. Massawe
Francis Ramadhan
Gautam Adani
Hans Aingaya Macha
James Ngaluko
Kassim Majaliwa
Michael N. Shirima (Estate)
Mohammed Dewji
Murtaza Nasser
Nazir Karamagi
Patrick Schegg
Richard Makungwa
Rostam Aziz
Ruth Zaipuna
Said Salim Bakhresa
Sajjad Rajabali
Salum Awadh
Samia Suluhu Hassan
Sayed Kadri
Yogesh Manek
Yusuph Juma Mwenda
| Tarehe / Mtu | Maelezo | Inaweza kuathiri |
|---|---|---|
|
Aug 14, 2026
Benjamin Fernandes
Founder & CEO, NALA
|
NALA Secures Payment Service Provider License from Bank of Tanzania
|
|
|
Following extensive collaboration, NALA recently secured a critical payment service provider license from the Bank of Tanzania (BoT), authorizing the firm to facilitate outward money transfers and paving the way for B2B transactions between Tanzanian enterprises and trading partners in Kenya, Uganda, Comoros, and Burundi.
|
||
|
Aug 14, 2026
Yusuph Juma Mwenda
Commissioner General, Tanzania Revenue Authority (TRA)
|
Called for Closer TRA-TISEZA Cooperation to Streamline Investor Facilitation
|
— |
|
TRA Commissioner General Yusuph Juma Mwenda called for closer cooperation between TRA and the Tanzania Investment and Special Economic Zones Authority (TISEZA) so investors have direct access to tax experts before and after establishing businesses, reinforcing TRA's role in TISEZA's One Stop Facilitation Centre.
|
||
|
Aug 7, 2026
Samia Suluhu Hassan
President of Tanzania
|
Officially Launched Dar es Salaam BRT Phase II with AfDB ($155 Million)
|
— |
|
President Samia Suluhu Hassan and African Development Bank Group President Dr Sidi Ould Tah officially launched Dar es Salaam BRT Phase II on 7 August 2026 — a $155 million, 20.3 km Mbagala–CBD corridor financed by AfDB and the Africa Growing Together Fund and implemented by TANROADS. Passenger services had already started in October 2025, so the ceremony does not create a clean near-term offtake for listed cement or bank names (AfDB, not DSE lenders, funded the build).
|
||
|
Aug 7, 2026
Aliko Dangote
Chairman of Dangote Group
|
Dangote Group Reaffirms Readiness to Expand Tanzania Investments Under $46B Africa Plan
|
|
|
Dangote Group CEO Aliko Dangote told a visiting Tanzanian delegation led by Minister of State Prof Kitila Mkumbo that the group is ready to expand investments in Tanzania, citing enormous investment potential, as part of its plan to invest up to $46 billion across Africa by 2030.
|
||
|
Aug 6, 2026
Samia Suluhu Hassan
President of Tanzania
|
Witnessed Tanga Petroleum and Energy Hub MoU with Uganda and Vitol Bahrain
|
|
|
President Samia Suluhu Hassan and Ugandan President Yoweri Museveni witnessed the signing of a memorandum of understanding between TPDC, UNOC and Vitol Bahrain to develop Tanga into a regional petroleum refining, storage and distribution hub linked to EACOP. At MoU stage the cleanest listed channel is bank sentiment around eventual project finance and trade flows — not TOL (industrial gases), SWIS (airport ground handling), or cement names with no contracted works yet.
|
||
|
Aug 5, 2026
Samia Suluhu Hassan
President of Tanzania
|
Opened Africa50 GSM and Infra for Africa Forum in Dar es Salaam
|
|
|
President Samia Suluhu Hassan opened the Africa50 Annual General Shareholders Meeting and Infra for Africa Forum at the Julius Nyerere International Convention Centre in Dar es Salaam, urging a shift from infrastructure planning to delivery of energy, ports, railways and digital projects. She pitched Tanzania as an investment destination and reaffirmed policy reforms to attract PPP capital — a constructive signal for listed cement, energy, logistics and banking equities tied to the project pipeline.
|
||
|
Aug 3, 2026
Samia Suluhu Hassan
President of Tanzania
|
Launched Vision 2050 Implementation Tools and Witnessed Government–Private Sector Joint Declaration
|
|
|
President Samia Suluhu Hassan launched the Tanzania Development Vision 2050 implementation tools at State House in Dar es Salaam — the National Long-Term Perspective Plan, the Fourth Five-Year Development Plan, a national public–private monitoring framework, and the Vision 2050 Communication Strategy — and witnessed a Joint Declaration with 11 business and investment organisations. The private sector is expected to drive about 70% of Vision financing, reinforcing PPP and capital-markets pathways that lift sentiment for listed banks, the exchange, and infrastructure-linked industrials.
|
||
|
Aug 1, 2026
Dr. Abdulmajid Nsekela
Group CEO & Managing Director, CRDB Bank
|
CRDB H1 2026 Profit Hits Sh417bn as Total Assets Top Sh26 Trillion
|
|
|
CRDB Bank Group CEO Dr Abdulmajid Nsekela reported half-year profit of Sh417 billion for 2026 as total assets surpassed Sh26 trillion, driven by growth across core businesses, higher lending and continued investment in digital banking.
|
||
|
Jul 29, 2026
Rostam Aziz
Founder of Taifa Group
|
Museveni Authorises NMG's Ugandan Outlets (Daily Monitor, NTV) to Resume Operations
|
|
|
President Museveni authorised Nation Media Group's Ugandan outlets to resume operations roughly a month after his son, army chief Gen. Muhoozi Kainerugaba, ordered them shut, following Rostam Aziz's Taifa Group engagement at State House Entebbe.
|
||
|
Jul 27, 2026
Ruth Zaipuna
Managing Director & CEO, NMB Bank
|
NMB Secures $100M (TZS 262.5bn) IFC Bond Listed on London Stock Exchange
|
|
|
The International Finance Corporation listed its first Tanzania shilling-denominated bond on the London Stock Exchange, a $100 million facility unlocking long-term financing through NMB Bank for SMEs, with 20% earmarked for women-owned businesses; NMB CEO Ruth Zaipuna said the shilling-denominated structure would reduce exchange-rate risk for borrowers.
|
||
|
Jul 20, 2026
Samia Suluhu Hassan
President of Tanzania
|
Laid Foundation Stone for TSh 6.31 Trillion Tabora–Kigoma SGR and Launched Four Lake Tanganyika Cargo Ships
|
|
|
President Samia Suluhu Hassan laid the foundation stone for the Tabora–Kigoma Standard Gauge Railway segment valued at TSh 6.31 trillion and launched four new cargo ships on Lake Tanganyika. The move is expected to double trade capacity between Tanzania and the DRC, sending a positive signal to listed transport, manufacturing and banking stocks as regional logistics and lending opportunities expand.
|
||
|
Jul 18, 2026
Samia Suluhu Hassan
President of Tanzania
|
Signed Dar–Cairo Economic Roadmap with Egypt under AfCFTA
|
|
|
President Samia Suluhu Hassan hosted Egyptian President Abdel Fattah El-Sisi at State House in Dar es Salaam and signed agreements linking ports, energy and infrastructure under the AfCFTA umbrella. The strategic partnership strengthens construction-sector equities such as cement and agriculture, while opening the domestic market to North African investors.
|
||
|
Jul 17, 2026
Aliko Dangote
Chairman of Dangote Group
|
Completed $2.5 Billion Private Placement for Dangote Petroleum Refinery
|
— |
|
Dangote Petroleum Refinery formally completed a $2.5 billion private placement of early-stage shares with institutional private investors. The raise validated a valuation of about $40 billion for the plant, boosting investor confidence and cited as a catalyst for regional equity indices ahead of a planned IPO.
|
||
|
Jul 17, 2026
Rostam Aziz
Founder of Taifa Group
|
Entebbe Diplomacy with Museveni and Muhoozi after Uganda Shutdown of NTV and Daily Monitor
|
|
|
Rostam Aziz travelled to Entebbe for private talks with President Yoweri Museveni and Chief of Defence Forces Gen. Muhoozi Kainerugaba after the Ugandan military shut down NTV Uganda and the Daily Monitor. It is his first major political-commercial test since Taarifa Ltd acquired 54.08% of Nation Media Group in March 2026, ending 66 years of Aga Khan ownership. The diplomacy protects capital and the value of NMG shares listed on the NSE and DSE.
|
||
|
Jul 15, 2026
Aliko Dangote
Chairman of Dangote Group
|
Dangote Refinery Switches Product Pricing to US Dollars
|
— |
|
Dangote Refinery formally began pricing petroleum products in US dollars instead of local currencies, to manage FX volatility and crude procurement. The move protects margins and liquidity against local-currency depreciation (such as the naira), increasing appeal to foreign investors preparing for an IPO, while adding dollar-demand pressure on regional FX markets.
|
||
|
Jul 10, 2026
Rostam Aziz
Founder of Taifa Group
|
Received Tanzania's Highest Investment Honour from TNCC as Taifa Group Chairman
|
|
|
Rostam Aziz, as Chairman of Taifa Group, received Tanzania's highest investment honour from the Tanzania National Chamber of Commerce (TNCC), presented by the government at the 2026 Business and Investment Conference. The award affirms his role as a pillar of the private sector, strengthening commercial credibility across his companies and attracting further joint-venture capital into major projects he controls.
|
||
|
Jul 10, 2026
Mohammed Dewji
CEO of MeTL Group
|
MeTL Bets $275M on Tanzania Graphite Mining for EV Battery Market
|
|
|
MeTL Group Chairman Mohammed Dewji told Bloomberg the company plans to invest $275 million in graphite mining already acquired in Tanzania, with commercial production expected within 18 months, aiming to supply battery-grade material to European, Japanese and South Korean customers as part of a plan to grow MeTL's revenue to $10 billion by 2035.
|
||
|
Jul 7, 2026
Aliko Dangote
Chairman of Dangote Group
|
Official Decision: $17 Billion East Africa Refinery to Be Built in Lamu, Kenya
|
— |
|
Aliko Dangote formally announced that his new East Africa oil refinery will be built in Lamu, Kenya — not Tanzania as earlier speculated. The plant will have capacity of 700,000 barrels per day. The decision ended months of rumour and drove heavy trading in Kenyan energy, infrastructure and construction stocks, with the Kenyan government allocating about KSh 21.5 billion as seed capital.
|
||
|
Jul 1, 2026
Rostam Aziz
Founder of Taifa Group
|
Taifa Gas $130M Mombasa LPG Terminal and Imwelo Gold Push with Lake Victoria Gold and Barrick
|
|
|
Taifa Gas is in the final stages of completing a $130 million LPG storage terminal in Mombasa, Kenya, to be linked with Dar es Salaam and Zanzibar facilities into a single regional energy network. Through Taifa Group, Rostam Aziz is also expanding mining capital, partnering strategically with Lake Victoria Gold and Barrick Gold to advance the Imwelo gold project.
|
||
|
Jun 28, 2026
Aliko Dangote
Chairman of Dangote Group
|
High-Level Talks with President Samia on Power, Fertiliser, Ports and Transport Expansion
|
|
|
Aliko Dangote held investment talks with President Samia Suluhu Hassan at State House, covering port development, a 2,000MW power plant, urea fertiliser production, and transport infrastructure linking Mtwara with Mbamba Bay — building on Dangote's existing $500M cement plant in Mtwara.
|
||
|
Jun 28, 2026
Samia Suluhu Hassan
President of Tanzania
|
High-Level Investment Talks with Aliko Dangote at State House
|
|
|
President Samia Suluhu Hassan held private talks with Aliko Dangote in Dar es Salaam on a new phase of large-scale investment in Tanzania. She appointed a special minister to coordinate the partnership targeting fertiliser, gas energy and transport infrastructure — protecting Dangote's existing Mtwara cement plant investment and lifting sentiment in energy-sector equities.
|
||
|
Jun 20, 2026
Richard Makungwa
Group Managing Director & CEO, Mwalimu Commercial Bank (MCB)
|
MCB Pre-Tax Profit Hits Sh500m in 2025, Beating Sh440m Budget, at 10th AGM
|
|
|
Speaking at MCB's 10th Annual General Meeting in Ilemela, CEO Richard Makungwa said the bank recorded a pre-tax profit of Sh500 million in 2025, surpassing the Sh440 million budgeted, with the bank now executing a Five-Year Strategic Plan (2026-2030) focused on digital payments, agricultural financing and SME lending.
|
||
|
Jun 8, 2026
Dr. Suleiman Ikomba
President, Tanzania Teachers' Union (TTU)
|
TTU President Ikomba Arraigned on 14 Corruption and Economic Sabotage Charges
|
|
|
Tanzania Teachers' Union President Suleiman Ikomba was arraigned at Dodoma Resident Magistrate's Court and read 14 charges involving corruption, forming a criminal gang, and economic sabotage, joining nine other current and former CWT leaders accused of unlawfully obtaining more than Sh2.2 billion between 2023 and 2024; TTU is a founding institutional shareholder of Mwalimu Commercial Bank.
|
||
|
May 6, 2026
Francis Ramadhan
Board Chairman, Mwalimu Commercial Bank (MCB)
|
Launched MCB's TZS 20.4bn Rights Issue at Steeply Discounted TZS 110/Share
|
|
|
MCB Board Chairman Francis Ramadhan launched the bank's rights issue offering 185,474,760 new shares at TZS 110 each on a three-for-one ratio, a sharp drop from the prior TZS 1,700-1,800 range, aimed at strengthening the bank's capital base, expanding lending capacity and accelerating digital banking investment.
|
||
|
May 6, 2026
Kassim Majaliwa
Former Prime Minister of Tanzania; MCB co-founder & shareholder
|
Personally Bought Additional MCB Shares at Rights Issue Launch, Urged Wider Public Investment Education
|
|
|
Former Prime Minister Kassim Majaliwa purchased 30 additional MCB shares at the rights issue launch event, adding to his existing 4,000 shares, and called on regulators including the Bank of Tanzania, CMSA and DSE to intensify public education on how the stock market works.
|
||
|
Apr 10, 2026
Samia Suluhu Hassan
President of Tanzania
|
Inaugurated 758 Communication Towers and Fibre Links Across 85 Districts
|
|
|
President Samia Suluhu Hassan inaugurated 758 communication towers and new fibre optic backbone connections across 85 districts at the Jakaya Kikwete Convention Centre in Dodoma on 10 April 2026, and formally handed over the national fibre optic backbone to government oversight. Vodacom was among operators recognised in the digital push (strongest listed fit); wider coverage also expands the addressable base for bank digital channels and mobile-money ecosystems.
|
||
|
Mar 24, 2026
Samia Suluhu Hassan
President of Tanzania
|
Air Tanzania Fleet Expansion to 24 Aircraft by 2030
|
|
|
During President Samia Suluhu Hassan's four-year administration, the government has added six large aircraft to Air Tanzania's fleet, with plans to expand from 16 to 24 aircraft by 2030.
|
||
|
Mar 22, 2026
Dr Hussein Ali Mwinyi
President of Zanzibar
|
Laid Foundation Stone for $300 Million Mangapwani Integrated Port
|
|
|
Zanzibar President Dr Hussein Ali Mwinyi laid the foundation stone for the $300 million Mangapwani Integrated Port in North Unguja on 22 March 2026 — a cargo, fuel-storage and 200 MW energy complex meant to ease Malindi congestion and cut logistics and power constraints. Banks are the clearest listed channel (project finance and trade credit as the hub scales); Twiga Cement is a soft construction-materials read while civil works run through 2028 — not a contracted offtake.
|
||
|
Mar 11, 2026
Rostam Aziz
Founder of Taifa Group
|
Acquired 54.08% of Nation Media Group via Taarifa Ltd
|
|
|
The Aga Khan Fund for Economic Development has agreed to sell its entire shareholding in NPRT Holdings Africa Limited, which holds 54.08% of Nation Media Group PLC, to Taarifa Ltd., a vehicle owned by Tanzanian billionaire Rostam Aziz.
|
||
|
Mar 4, 2026
Aliko Dangote
Chairman of Dangote Group
|
Dangote Cement Tanzania Sales Volume Up 16% to 2.2Mt in FY2025
|
|
|
Dangote Cement's Tanzanian operations delivered a solid performance in 2025, with sales volumes rising 16% year-on-year to 2.2 million tonnes from its 3Mta Mtwara plant, serving Tanzania and neighbouring export markets.
|
||
|
Feb 18, 2026
James Ngaluko
Head of Business Development, Mwalimu Commercial Bank (MCB)
|
MCB Secures TZS 9bn Private Debt Facility from Oikocredit for Education & SME Lending
|
|
|
Mwalimu Commercial Bank secured a TZS 9 billion loan from Netherlands-based social impact investor Oikocredit, arranged via Africapital with Noblestride Capital as financial advisor. MCB's Head of Business Development James Ngaluko said the facility would be split 50/50 between education-ecosystem businesses and broader SME lending, addressing a significant financing gap in the sector.
|
||
|
Feb 6, 2026
Patrick Schegg
Executive at Tell Investments
|
Holds 1.84% NMB Bank and 1.9% CRDB Bank — DSE's Richest Individual Investor
|
|
|
Patrick Schegg is a Swiss-based money manager and Tell Investments executive whose Tanzania exposure sits in two of the DSE's flagship lenders. His portfolio of 1.84% in NMB Bank and 1.9% in CRDB Bank is valued at $78.3 million, making him the richest individual investor on the DSE in 2026.
|
||
|
Feb 6, 2026
Aunali Rajabali
Founder of Plasco Tanzania
|
Holds 2.65% Stake in NMB Bank — DSE's 2nd Richest Individual Investor
|
|
|
Aunali Rajabali is one of the largest named individual shareholders in NMB Bank, a position that places him high on the register of one of Tanzania's most valuable listed companies. His 2.65% stake is valued at $55.9 million.
|
||
|
Feb 6, 2026
Ernest S. Massawe
Founder of EY Tanzania (formerly)
|
Controls 33.35% of TOL Gases via Personal and Erncon Holdings Stakes
|
|
|
Ernest S. Massawe is the controlling figure behind TOL Gases, holding influence through both a personal 16.72% stake and his vehicle Erncon Holdings' 16.63% stake. His combined portfolio is valued at $7.4 million.
|
||
|
Feb 6, 2026
Said Salim Bakhresa
Chairman of Bakhresa Group
|
Holds 0.77% Stake in Tanzania Portland Cement (Twiga)
|
|
|
Said Bakhresa is best known as the founder and chairman of the Bakhresa Group, one of East Africa's largest industrial and consumer conglomerates. His 0.77% listed position in Twiga Cement is valued at $3.3 million on the DSE.
|
||
|
Feb 6, 2026
Michael N. Shirima (Estate)
Founder of Precision Air
|
Estate Holds 42.91% Controlling Stake in Precision Air and 2.92% TOL Gases
|
|
|
The estate of Michael N. Shirima remains the dominant shareholder in Precision Air, the airline he founded and built into a listed company. His estate holds a 42.91% controlling stake in Precision Air and 2.92% in TOL Gases, valued at $10.4 million.
|
||
|
Feb 6, 2026
Sajjad Rajabali
Investor, Plasco Tanzania
|
Holds 2.65% Stake in NMB Bank — DSE's 3rd Richest Individual Investor
|
|
|
Sajjad Rajabali is another top individual shareholder in NMB Bank, holding a 2.65% stake valued at $55.9 million, keeping him closely tied to the performance of Tanzania's banking sector.
|
||
|
Feb 6, 2026
Hans Aingaya Macha
Investor
|
Holds 1.3% Stake in CRDB Bank — DSE's 4th Richest Individual Investor
|
|
|
Hans Aingaya Macha is one of the larger disclosed individual holders in CRDB Bank, a name that stands out on a register often dominated by institutions. His 1.3% stake is valued at $26.9 million.
|
||
|
Feb 6, 2026
Murtaza Nasser
Investor
|
Holds 0.9% Stake in Tanzania Portland Cement (Twiga)
|
|
|
Murtaza Nasser is a notable individual shareholder in Tanzania Portland Cement, better known in the market as Twiga Cement. His 0.9% stake is valued at $3.9 million.
|
||
|
Feb 6, 2026
Sayed Kadri
Investor
|
Holds 0.59% Stake in Tanzania Portland Cement (Twiga)
|
|
|
Sayed Kadri is a meaningful individual holder in Tanzania Portland Cement, a company that sits at the heart of the country's construction supply chain. His 0.59% stake is valued at $2.5 million.
|
||
|
Feb 6, 2026
Arnold B. S. Kilewo
Executive, TOL Gases
|
Holds 5.88% Stake in TOL Gases — DSE's 10th Richest Individual Investor
|
|
|
Arnold B. S. Kilewo is a senior industry executive with leadership ties to TOL Gases and a sizeable 5.88% holding in the company, valued at $1.3 million on the DSE.
|
||
|
Dec 23, 2025
Rostam Aziz
Founder of Taifa Group
|
Taifa Group Plans $500M Investment in Zambia (Gas, Solar, Mining)
|
|
|
TAIFA Group, one of the private investments in East Africa, says it plans to invest over $500 million in Zambia with regards to gas distribution, power generation and contract mining. Group Chairman Rostam Aziz said Zambia had become a major focus country for Taifa Group.
|
||
|
Dec 23, 2025
Dr. Irene Isaka
Director General, National Health Insurance Fund (NHIF)
|
NHIF Flips Sh112bn Deficit to Sh225bn Surplus, Readies January 2026 Universal Health Insurance Rollout
|
|
|
NHIF Director General Dr Irene Isaka said the Fund's financial position improved from a deficit of Sh112 billion to a surplus of Sh225 billion by the end of FY2024/25, with its medical loss ratio dropping from 112% to 69%, positioning the Fund — a major institutional shareholder of Mwalimu Commercial Bank — to roll out Universal Health Insurance nationwide from January 2026.
|
||
|
Dec 1, 2025
Edha Nahdi
Group Managing Director & Co-founder, Amsons Group
|
Amsons Signs $600M Zambia Deal to Build 1GW Solar Power Plant
|
— |
|
Amsons Group signed a $600 million agreement in Zambia to build a 1 GW solar power plant intended to ease electricity shortages, marking the conglomerate's move into utility-scale renewable energy beyond its core fuel and cement businesses.
|
||
|
Nov 26, 2025
Mohammed Dewji
CEO of MeTL Group
|
Secured $24.6M AfDB Loan for Agro-Industrial Expansion in Tanzania
|
|
|
Africa's youngest billionaire Mohammed 'Mo' Dewji has bagged a $24.6 million senior corporate loan from the African Development Bank Group (AfDB) to expand agro-industrial production across Tanzania through his conglomerate MeTL Group, as part of a $74.7 million programme to modernise tea, sisal and macadamia operations.
|
||
|
Aug 8, 2025
Said Salim Bakhresa
Chairman of Bakhresa Group
|
$500M Expansion of Flagship Soft Drink Factory at Mwandege
|
|
|
Tanzanian tycoon Said Bakhresa is investing $500 million to expand his flagship drinks factory at Mwandege, doubling daily production to 300,000 cartons and sourcing from 100,000 local farmers.
|
||
|
Jul 31, 2025
Samia Suluhu Hassan
President of Tanzania
|
Launched Kwala Industrial Park & International Logistics Hub
|
|
|
President Samia Suluhu Hassan officially laid the foundation stone for the construction of the Kwala Industrial Park and International Logistics Hub on July 31, 2025.
|
||
|
Jul 15, 2025
Said Salim Bakhresa
Chairman of Bakhresa Group
|
$100M Soya Processing Plant Commissioned in Malawi
|
|
|
Bakhresa Malawi Limited has invested $100 million (about K175.1 billion) in a cooking oil refinery in Blantyre, creating 500 direct jobs and reducing reliance on imported cooking oil.
|
||
|
Mar 15, 2025
Samia Suluhu Hassan
President of Tanzania
|
Julius Nyerere Hydropower Project (JNHPP) — 2,115 MW Operational
|
|
|
President Samia Suluhu Hassan has already disbursed Sh6.2 trillion (95.8%) of the Sh6.5 trillion cost for the 2,115 MW Julius Nyerere Hydropower Project, with all nine turbine units now operational.
|
||
|
Dec 1, 2024
Said Salim Bakhresa
Chairman of Bakhresa Group
|
Sh20B Investment to Double Fruit Juice Output at Mwandege
|
|
|
Bakhresa Food Products Limited (BFPL) announced a Sh20 billion ($8.4 million) investment at the Mwandege facility to double annual fruit juice output from 45,000 to 100,000 tonnes, positioning the firm to meet surging demand locally and internationally.
|
||
|
Aug 1, 2024
Samia Suluhu Hassan
President of Tanzania
|
Launched $3.1B Standard Gauge Railway (SGR) Commercial Operations
|
|
|
President Samia Suluhu Hassan on Aug. 1, 2024 officially launched the commercial operations of the $3.1 billion SGR electric train service from Dar es Salaam to Dodoma, ferrying 1 million passengers in four months.
|
||
|
May 12, 2024
Said Salim Bakhresa
Chairman of Bakhresa Group
|
Azam Marine Fleet — $120M Invested in 13 Ships
|
|
|
Said Bakhresa's Azam Marine has invested $120 million to build a fleet of 13 ships, operating the largest and fastest passenger ferry service connecting Dar es Salaam and Zanzibar.
|
||
|
Feb 6, 2024
Yogesh Manek
Executive Chairman of MAC Group
|
Sale of TICTS Stake to Indian Billionaire Adani Group
|
|
|
Tanzania International Container Terminal Services Limited (TICTS), whose founding directors include local businessmen Nazir Karamagi and Yogesh Manek, saw its stake acquired by an Indian billionaire expanding Dar es Salaam port interests.
|
||
|
Feb 6, 2024
Gautam Adani
Chairman of Adani Group
|
Adani Group Acquires TICTS Stake at Dar es Salaam Port
|
|
|
Indian billionaire Gautam Adani's Adani Group acquired a stake in Tanzania International Container Terminal Services Limited (TICTS), expanding Dar es Salaam port and logistics interests alongside founding directors Nazir Karamagi and Yogesh Manek.
|
||
|
Feb 6, 2024
Nazir Karamagi
Businessman, TICTS Co-founder
|
TICTS Stake Sold to Adani Group as Co-founding Director
|
|
|
Tanzania International Container Terminal Services Limited (TICTS), whose founding directors include local businessmen Nazir Karamagi and Yogesh Manek, saw its stake acquired by Gautam Adani's Adani Group, expanding Dar es Salaam port interests.
|
||
|
Nov 15, 2022
Said Salim Bakhresa
Chairman of Bakhresa Group
|
Commissioned $300M Bagamoyo Sugar Plant
|
|
|
Said Bakhresa's group commissioned a $300 million sugar plant under Bagamoyo Sugar Limited in 2022, targeting an increase in annual production from 30,000 to over 100,000 tonnes.
|
||
|
Sep 15, 2022
Rostam Aziz
Founder of Taifa Group
|
Acquired 51% Stake in Coastal Aviation
|
|
|
Rostam Aziz acquired a 51-percent stake in Coastal Aviation in September 2022, an operator offering personalised safaris and air charters with a fleet of Cessna Grand Caravans and PC-12s.
|
||
|
Jun 15, 2022
Rostam Aziz
Founder of Taifa Group
|
Acquired MIC Tanzania (Tigo & Zantel) with Axian Group
|
|
|
Axian Group of Madagascar said in a statement that in partnership with Rostam Aziz, it has closed the acquisition of Tigo and Zantel in Tanzania, giving him part ownership of Tigo Tanzania (13 million+ customers) and Zantel.
|
||
|
Jun 9, 2022
Mohammed Dewji
CEO of MeTL Group
|
Planned $2-4B Grains SPAC IPO in New York or London
|
|
|
The head of one of Tanzania's biggest firms, Mohammed Dewji, said he plans to float an agriculture company worth up to $4 billion in New York or London next year, with money raised mainly from development banks.
|
||
|
May 12, 2022
Salum Awadh
CEO of SSC Capital
|
SSC Capital Partners with Hisa Fintech for Regional Market Access
|
|
|
SSC Capital, through its investment outfit Shirkah, seeks to offer its clients access to financial markets outside Tanzania for diversification and hunting for better returns, and we believe Hisa will help us achieve that — Salum Awadh, CEO, SSC Capital.
|
||
|
Jul 30, 2021
Mohammed Dewji
CEO of MeTL Group
|
Acquired 49% Stake in Simba SC for Sh20 Billion
|
|
|
Mohammed 'Mo' Dewji has paid up Sh20 billion for 49 percent shareholding in Simba Sports Club as an investor, transforming the club into one of Africa's top football teams.
|
||
|
Apr 12, 2021
Rostam Aziz
Founder of Taifa Group
|
Sold 26.25% Stake in Vodacom Tanzania for $220M
|
|
|
Tanzanian billionaire Rostam Aziz is in the process of offloading his remaining shares in Vodacom Tanzania. South Africa's Vodacom Group is targeting the businessman's 26.25 per cent stake in its subsidiary, valued at approximately $220 million.
|
||