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Forbes lists one Tanzanian billionaire. Three others have committed hundreds of millions to acquisitions in the past two years, exceeding their published valuations.
Rostam Aziz's Taifa Gas is finishing a $130 million Mombasa terminal set to break a cooking gas market where two importers control 98% of supply.
Museveni has cleared Nation Media Group to resume operations in Uganda, a month after his son shut its outlets down over press freedom.
Tanzanian billionaire Rostam Azizi's $124 million Taifa Gas terminal in Mombasa is nearing completion, poised to break Kenya's cooking gas import duopoly.
President Museveni has met billionaire Rostam Aziz, the incoming owner of Nation Media Group, over Uganda's shutdown of the Daily Monitor and NTV Uganda.
Tanzania's chamber of commerce handed billionaire Rostam Azizi its highest award, citing his role in investment, job creation and growth.
Tanzanian billionaire Rostam Aziz has flown to Entebbe to meet General Muhoozi Kainerugaba personally, with NMG owners committing to more patriotic journalism to secure the reopening of their outlets.
Uganda's military chief General Muhoozi Kainerugaba has shut down Nation Media Group's Ugandan operations just four months after Tanzanian billionaire Rostam Aziz acquired a controlling stake.
Nation Media Group held its most consequential annual general meeting in decades, three months after Tanzanian billionaire Rostam Aziz ended the Aga Khan's 66-year ownership of East Africa's biggest media house.
Rostam Aziz's Taifa Mining has cleared a critical pre-construction drilling milestone at Lake Victoria Gold's fully permitted Imwelo gold project in Tanzania.
Tanzanian tycoon Rostam Aziz's Taifa Group is acquiring equity in Lake Victoria Gold and handling construction at its Imwelo project, which is preparing for production.
Tanzanian billionaire Rostam Aziz says his Sh16 billion Taifa Gas LPG terminal in Mombasa's Dongo Kundu SEZ will open in coming months, breaking a duopoly that controls 98% of Kenya's cooking gas imports.
Tanzanian billionaire Rostam Aziz urged Kenya and Tanzania to move beyond trade to a single commercial system to draw the capital both economies need.
Rostam Aziz's Taifa Gas Tanzania has agreed to acquire a 49 percent stake in the Songo Songo gas field as Canada's Orca Energy exits for $10.
Lake Victoria Gold, backed by Tanzanian billionaire Rostam Aziz's Taifa Mining, confirms up to 97% gold recovery at its Imwelo project in Tanzania.
Rostam Aziz just bought Nation Media Group from the Aga Khan. Here is every company the Tanzanian billionaire owns in 2026.