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Thursday, June 21, 2012


Said Salim Awadh Bakhresa is what Aliko Dangote is to Nigeria . The tycoon has acquired a cruise ship and named it 'AZAM' . It will be part of his AZAM marine services. Bakhressa,born 1941 near Dar Es Salaam, Tanzania is an extremely reclusive Tanzanian business tycoon who is estimated to be worth $3 billion. He is the founding father and the Chairman of the Bakhresa Group Of Companies. He is a well-known industrialist in the mainland of Tanzania and island of Zanzibar. With a humble beginning as a small restaurateur in seventies, he created the business empire within a span of three decades. He is the mastermind behind the success of all the businesses within the group. His vision and excellent managerial skills contributed to the growth of this group to great heights. At the age of 14, he dropped out of school to become a potato mix salesperson and would later go on to become a successful African businessman. Bakhresa Group; is a conglomerate of various companies and is the largest milling company in East Africa with operations in Tanzania and five other countries. His group employs more than 2000 people and is Tanzania's largest conglomerate. Other specialties produced through Bakhresa's conglomerate includes:confectioneries, frozen foods, various kinds of drinks, and packaging.The Azam brand is Bakhresa's most successful chocolate and ice cream manufacturer in Tanzania. While the company is managed by his sons, Bakhresa owns the company itself. Its daily capacity for manufacturing is 2100 metric tons and made sales of $800 million in 2011. Bakhresa's Azam Marine division is providing international tourists with quick ferry services as more people discover Tanzania. In addition to Zanzibar, riders can also experience Lake Victoria and Mount Kilimanjaro.

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