Photo | Mohammed Dewji |
Greetings Folks !!
It's another new day blessed with full of healthy and shining rays of hope !
We're so sorry for those who are in trouble as always in lives ups and downs are something inevitable.
Yes, challenges have always been giving us the true meaning of life and once overcome - we really feel very spiritually fine.
Also Read : How to Secure any Prestigious Job of Your Choice in Tanzania Without Much Hussle
Today, I would like to have you grasp few details of one of the greatest entrepreneur this country has ever had, as we used to live in a socialist country where all the economic means were owned by the Government.
Now, as the country is changing more and more for the better, more innovative entrepreneurs have been flocking to the country for investments and other developmental endevours.
Here comes Mohammed Dewji, Yes a Tanzanian Businessman popularly known as MO.
Mohammed Dewji ( Popularly known as MO ) returned from the United States of America for the purpose of joining the family business, that's Mohammed Enterprises Tanzania Limited ( MeTL ) a company started by his father in the late 1970s.
The George Town University Alumni came with all the energy of transforming everything the 21st century business needs !!
Mohammed Dewji has been venturing into so many business that were previously dominated by Said Salim Bakhresa ( The Owner of Azam Flagship brand ) but with very technical strategies - he set up products targeting low income communities with a a range of price sensitive techniques !
Imagine, How can sane person leave 320 ml of an Energy Drink ( MoXtra ) with only Tsh 500 for a 300 ml of Azam Energy owned by the Bakhresa Group with Tsh 600 ?!!
Is this not the William Pondstone Marketing strategy ? - Yes, Talk about the volume and see the results.
These waves he is making in the Tanzania's business environment keeps pushing him forward, leaving his competitors far away.
Quick Details About Mohammed Dewji.
Mohammed Dewji is the Owner and Chief Executive Officer ( CEO ) of MeTL Group, a diversified company started by his father back in 1970s. Today the company has grown to more than 1 USD Billion with a presence in 11 countries such as Uganda, Ethiopia, Kenya, Rwanda, Burundi, Zambia, Mozambique, Malawi and Democratic Republic of Congo ( DRC ).
At Ajira Alerts Tanzania, We congratulate the Boss for employing more than 24,000 people in the country and still counting.
At a glance, let's have a look at where his portfolio lie as a businessman with a very keen eye when it comes to investment opportunities.
Which Areas Have Been Working Wonders for The Great Man ?
What are they ?
They are as listed below !!
- Trading ( Wholesale and Retails )
- Manufacturing ( Sops, Detergents, Flour, Match Boxes, Drinks, Textiles, Sisal )
- Finance and Insurance
- Agriculture ( Tea, Coffee, Cashew Nuts, Pegion Peas, Sisal )
- Energy and Petroleum
- Logistics and Haulage
- Empty Container Depots
- Real Estate
- Export and Import ( Impex Enterprises )
What's lucrative sector do you think that's left ?
Banking and Telecommunication ?
Also Read : You Will Never Ever Succeed In Job Interviews, Unless You Apply These 6 Bold Strategies !
You guessed right ?
These are two areas where Mohammed Dewji thinks has been lagging behind in investing earlier in the sectors,
Mohammed Dewji is also a soccer fan, with that hae has heavily invested in a Simba Sports Club, a Football Club loved by many in East and Central Africa.
We also expect him to shift his mindset to Technology as it's something very lucractive in the near future. The South Africa's based Zimbabwean born Billionaire Strive Masiyiwa has been heavily investing in the sector especially when it comes to start ups !!
He has launched a number of start ups recently like Sasai, Vaya Africa and still counting !!
Fro his facebook page, Strive Masiyiwa has been mentoring ambitious Africa's Youth with very inspiring practically based entrepreneurial knowledge free of charge.
Other Top All Time Richest People in Tanzania, United Republic
( Orodha Ya Matajiri Tanzania )
1. Mohammed Dewji
NET WORTH : 2.1 US Billion Dollars
Source: Diversified
2. Rostam Aziz
NET WORTH: 1 US Billion Dollars
Source: Diversified, Investments
3. Said Salim Bakhresa
NET WORTH: 650 Million Dollars
Source: Diversified
4. Reginald Mengi ( The Late )
NET WORTH: 560 US Million Dollars
Source: Media, Diversified
5. Ally Awadh
NET WORTH: Undisclosed
Source: Oils
6. Shekhah Kanabar
NET WORTH: Undisclosed
Source: Diversified
7. Subash Patel
NET WORTH: Undisclosed
Source: Steels, Drinks
8. Ghalib Said Mohammed ( GSM)
NET WORTH: Undisclosed
Source: Diversified
9. Fida Hussein Rashid
NET WORTH: Undislosed
Source: Diversified
10. Yusuf Manji
NET WORTH: Undisclosed
Source: Real Eastate
11. Yogesh Maneck
NET WORTH: Undisclosed
Source: Financial Services
12. Abdulaziz Abood
NET WORTH: Undisclosed
Source: Media, Transportation
13. Haroun Zackaria
NET WORTH: Undisclosed
Source: Diversified
14. Ally Mufuruki
NET WORTH: 110 US Million Dollars
Source: Investments
15. Michael Shirima
NET WORTH: Undisclosed
Source: Precision Air
You can follow their footsteps if you're not !!
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Cheers !!
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Kelli kweli
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