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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The wealthiest hail from eight countries –up from six last year. The two new countries represented are Angola (Isabel dos Santos) and Tanzania (Said Salim Bakhresa). Cairo is home to eight members. 32 ...
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Salim said the committee will announce the new date to conduct elections ... Vice Secretary Khalid Kamguna and members Kassim Dewji, Juma Simba as well as Amin Bakhresa
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Clarke Energy to supply GE gas engine tech to Tanzania plant

Securing its first project in Tanzania, privately owned gas-driven power plant specialist Clarke Energy has won a contract to supply one of GE’s high-efficiency Jenbacher gas engines to Bakhresa Group ...
Posted: April 25, 2016, 3:43 am
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