List Ya Matajiri Tanzania 2024 | Richest People In Tanzania

List Ya Matajiri Tanzania 2024 | Richest People In Tanzania

List Ya Matajiri Tanzania 2024: Orodha ya matajiri Tanzania

Tanzania, a country located in East Africa, is known for its diverse culture, stunning landscapes, and growing economy. One of the indicators of economic progress is the presence of billionaires and wealthy individuals who contribute significantly to the nation’s prosperity. In 2023, the list of the richest people in Tanzania, also known as “List Ya Matajiri Tanzania,” showcases some prominent individuals who have amassed substantial wealth through their entrepreneurial endeavors and various investments. Let’s take a closer look at the top billionaires in Tanzania for the year 2023.

1.Mohammed Dewji

Topping the list of the richest individuals in Tanzania is Mohammed Dewji. He is a well-known business magnate, entrepreneur, and philanthropist. Dewji is the founder and CEO of MeTL Group, a conglomerate with interests in various sectors, including manufacturing, agriculture, real estate, and finance. His impressive business acumen and commitment to social responsibility have played a significant role in his ascent to the top of the wealth ladder in Tanzania.

2.Rostam Azizi

Rostam Azizi holds the second position on the list of Tanzania’s wealthiest people. He is recognized for his involvement in the banking and finance sector. Azizi is a former Member of Parliament and the founder of the Azizi Bank, which has grown to become one of the best financial institutions in the country. His expertise in finance and investments has contributed to his high net worth.

3.Said Salim Bakhresa

Said Salim Bakhresa is a name synonymous with success in the Tanzanian business landscape. He is the founder of Bakhresa Group, a conglomerate with interests in industries such as manufacturing, hospitality, and agriculture. Bakhresa’s contributions to job creation and economic growth have solidified his position as one of Tanzania’s most influential entrepreneurs.

4.Reginald Mengi (RIP)

Reginald Mengi, though no longer with us, continues to be remembered for his immense contributions to the Tanzanian business world. Before his passing, he was a prominent media mogul and philanthropist. Mengi was the founder of IPP Media Group, which owns several media outlets in the country. His legacy lives on through his philanthropic initiatives and his impact on the media industry.

5.Ally Awadh

Ally Awadh is a key figure in Tanzania’s oil and gas sector. He is the founder of Lake Oil Group, a company that specializes in the distribution of petroleum products. Awadh’s entrepreneurial spirit and strategic business decisions have propelled him into the ranks of Tanzania’s wealthiest individuals.

6.Shekhar Kanabar

Shekhar Kanabar is recognized for his accomplishments in the insurance industry. He is the founder of Jubilee Insurance Tanzania, a company that provides various insurance solutions to individuals and businesses. Kanabar’s contributions to the financial sector have contributed to his inclusion on the list of Tanzania’s richest people.

7.Shubash Patel

Shubash Patel is another notable name on the list, known for his investments in various sectors. He has made a mark in real estate and hospitality, and his ventures have played a role in shaping Tanzania’s urban landscape.

8.Yusuf Manji

Yusuf Manji’s business ventures span across industries such as manufacturing, real estate, and healthcare. He is the founder of Quality Group Limited, which has a diverse portfolio of companies under its umbrella. Manji’s business leadership and innovative thinking have earned him a spot among Tanzania’s wealthiest individuals.

9. Ghalib Said

Ghalib is a significant player in the retail industry in Tanzania. He is the founder and CEO of GSM Group, a company that operates in the retail, wholesale, and distribution sectors. Ghalib’s business insights and strategic expansion efforts have propelled GSM Group’s growth, contributing to his status as one of the country’s affluent individuals.

10Joseph Kusaga

Joseph Kusaga is a prominent media entrepreneur and businessman in Tanzania, earning him a place on the “List Ya Matajiri Tanzania 2023.” He is the founder and CEO of Clouds Media Group, which encompasses various media outlets, including television, radio, and digital platforms. Kusaga’s innovative approach to media and entertainment has positioned Clouds Media Group as a leading player in the Tanzanian media landscape.

11.Raza Jivraj

Raza Jivraj’s contributions to Tanzania’s hospitality industry have solidified his position as a successful entrepreneur. He is the founder of the Regency Medical Centre and has investments in the hospitality and real estate sectors, which contribute to his inclusion on the list of Tanzania’s wealthiest people.

In a rapidly evolving economic landscape, these individuals continue to make substantial contributions to Tanzania’s growth and development. Their entrepreneurial spirit, innovative thinking, and dedication to their respective industries have played a crucial role in shaping the nation’s business environment and ensuring its prosperity. As Tanzania continues to progress, these billionaires and wealthy individuals will undoubtedly play a significant role in its future trajectory.

12.Said Lugumi

Said Lugumi is known for his contributions to the construction and real estate sector in Tanzania. He is the founder of Lugumi Enterprises, a company involved in construction, property development, and infrastructure projects. Lugumi’s dedication to quality and excellence has earned him recognition as one of the influential figures in Tanzania’s construction industry.

13,Mohammed Jaffer

Mohammed Jaffer is a driving force in the Tanzanian automotive and transportation industry. He is the founder of City Motors Group, which is involved in the distribution of vehicles and automotive services. Jaffer’s dedication to providing high-quality products and services has earned him a reputation as a successful business leader.

Meck Khalfan’s achievements in the telecommunications and technology sector have earned him recognition as a key player in Tanzania’s business landscape. He is associated with several tech-focused companies and ventures that contribute to the country’s digital transformation and connectivity.

14.Mustafa Karim

Mustafa Karim is a notable figure in Tanzania’s energy and infrastructure sectors. He is the founder of Karimjee Jivanjee Limited, a company that operates in various industries, including energy, manufacturing, and real estate. Karim’s business ventures have contributed to the country’s development and energy sustainability.

15.Diamond Platnumz

While better known as a celebrated musician and artist, Diamond Platnumz has also ventured into entrepreneurship. He has his own record label and a range of endorsements and partnerships that contribute to his wealth. Diamond’s success in the entertainment and business world has propelled him onto the list of Tanzania’s richest individuals.


The ” List Ya Matajiri Tanzania Oktoba 2023 ( Orodha ya matajiri Tanzania )” showcases a diverse group of individuals who have achieved immense success in various sectors, contributing significantly to Tanzania’s economic growth and development. These billionaires and wealthy individuals not only drive business innovation but also make significant contributions to philanthropy, job creation, and community development.

As Tanzania continues to position itself as a prominent player in the African economy, the influence of these individuals will continue to shape the country’s business landscape. Their ability to adapt to changing market dynamics, pursue innovative ventures, and contribute to social causes demonstrates their role as not just wealthy individuals, but as leaders who contribute to the betterment of society as a whole.