Tanzanian billionaire Rostam Aziz's Taifa to build gold mine in $23 million deal
Rostam Aziz's Taifa Group will build Lake Victoria Gold's Imwelo mine in Tanzania and take a stake as the miner raises up to C$32.2 million.
Tanzanian billionaires
Tanzanian billionaire Edha Nahdi readies $250 million Kenya plant to take on rival tycoon Narendra Raval
Tanzanian billionaire Edha Nahdi’s Bamburi Cement is set to break ground with President William Ruto on a $250 million clinker plant in Kenya’s Kwale County.
Forbes counts one Tanzanian billionaire, but three others are writing nine-figure cheques
Forbes lists one Tanzanian billionaire. Three others have committed hundreds of millions to acquisitions in the past two years, exceeding their published valuations.
Tanzanian billionaire Rostam Aziz meets Muhoozi in Entebbe as NMG shutdown drags on
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.
Billionaire Rostam Aziz's Taifa Mining clears key hurdle at Tanzania gold project set for construction
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 billionaire Edha Nahdi's cement bets pay off as EAPC profit jumps five-fold
Tanzanian tycoon Edhah Abdallah Munif's investments in Kenya's two biggest cement companies are already paying off handsomely, with both posting sharply improved financial results.
Billionaire Rostam Aziz calls on Kenya and Tanzania to build a single commercial system to compete for global capital
Tanzanian billionaire Rostam Aziz urged Kenya and Tanzania to move beyond trade to a single commercial system to draw the capital both economies need.
Bank linked to Tanzanian billionaire brothers partners with IFC for financial inclusion in East Africa
CRDB Bank is owned in part by Aunali and Sajjad Rajabali.
Kenyan government suspends Tanzanian billionaire Rostam Aziz’s plans to build cooking gas plant
The freezing of his statutory licenses could lead to a trade spat between Kenya and Tanzania.
Tanzanian gold magnate Ketan Patel gains over $2.2 million in 81 days as Shanta Gold shares increase by 57.5 percent
The leading Tanzanian gold magnate owns a substantial 4.22-percent stake in Shanta Gold Limited.
Tanzanian billionaire Rostam Aziz to enter Kenya’s liquefied petroleum gas market
Aziz was reportedly the first Tanzanian to have a net worth of more than $1 billion, according to Forbes.
Tanzanian businessman Hans Macha gains over $1 million from stake in CRDB Bank
Macha has a fractional 1.25-percent ownership position in the bank.
Tanzania’s richest man Mohammed Dewji to donate $870,000 to help construct Simba Sports Club stadium
The donation comes after Mo handed an $8.6-million check to Simba SC for a 49-percent equity stake in the club.