Said Salim Bakhresa Net Worth is$520 $Million
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Birth Date: 1949
Birth Place: Zanzibar, Tanzania
Spouse: Mrs. Said Salim Bakhresa
Children: Mohamed Said Salim Bakhresa , Abubakar Said Salim Bakhresa
Residence: Dar Es Salaam, Tanzania
Nationality: Tanzania
Known For: Being one of the wealthiest residents in Tanzania and operating numerous business ventures
Occupation: Businessperson
Said Salim Awadh Bakhresa (born 1949 in Zanzibar, is an extremely reclusive Tanzanian business tycoon.
He is the founding 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 17, 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.
After getting into the potato mix industry, Bakhresa got involved as a restaurant operator in the 1970s and then went into grain milling. Even today, the main products from Bakhresa's company comes from the Kipawa Flour Mill where various rice and grain products are being processed. The neighboring country of Rwanda is dependent on Bakhresa's mill to provide 120,000 tons of wheat flour per year; which is expected to ease pressure of food prices in a country which approximately 52% of households don't have an adequate level of food security. This is a major concern according to the World Bank's Country Assistance Strategy. Bakhresa's projects in Rwanda are also expected to create jobs and help to increase national corporate tax revenues.
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 th

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Said Salim Bakhresa Latest News

Salim Aziz, CEO of Tanzania's Bakhresa Group, Powers Into Carbonated Soft Drinks Market With African Business Review

SAN DIEGO, CA--(Marketwire - March 17, 2011) - Founded in the 1990s, Bakhresa Food Products Ltd is based in Dar es Salaam, Tanzania and is split into three divisions -- ice cream, water and juice. The ...
Posted: March 17, 2011, 1:07 pm

Tanzania: Bakhresa's Firm Loses Appeal Over Disputed Trademark

THE Court of Appeal has dismissed an appeal by a firm owned by a Tanzanian Tycoon, Said Salim Bakhresa, in over 1.5bn/- disputed payments to Agro Processing and Allied Products Limited for use of 'POA ...
Posted: September 4, 2013, 3:26 am

Company Overview of Said Salim Bakhresa & Co Ltd

Said Salim Bakhresa & Co Ltd. engages in food and beverage, packaging, logistics, marine passenger services, and real estate businesses. The company engages in trading sesame seeds, cotton seed cakes, ...
Posted: April 18, 2019, 12:05 pm
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