Said Salim Bakhresa: Difference between revisions
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After getting into the potato mix industry, Bakhresa got involved as a [[restaurant]] operator in the 1970s and then went into [[Gristmill|grain mill]]ing.<ref name="saidsalim"/><ref>[http://www.bakhresa.com/bakhresa-group/management.php Management information] at Bakhresha Group</ref> Even today, the main products from Bakhresa's company comes from the [[Kipawa Flour Mill]] where various rice and grain products are being processed.<ref>[http://www.21food.com/showroom/100994/aboutus/said-salim-bakhresa--co.-ltd.html ''Said Salim Bakhresa & Co. Ltd''] at 21Food.com</ref> 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.<ref name="miga">[http://www.miga.org/news/index.cfm?stid=1842&aid=3055 Multilateral Invested Guarantee Agency for ''Bakhresa Grain Milling (Rwanda) Limited''] at MIGA.org</ref> This is a major concern according to the [[World Bank]]'s [[Country Assistance Strategy]].<ref name="miga"/> Bakhresa's projects in Rwanda are also expected to create jobs and help to increase national corporate tax revenues.<ref name="miga"/> |
After getting into the potato mix industry, Bakhresa got involved as a [[restaurant]] operator in the 1970s and then went into [[Gristmill|grain mill]]ing.<ref name="saidsalim"/><ref>[http://www.bakhresa.com/bakhresa-group/management.php Management information] at Bakhresha Group</ref> Even today, the main products from Bakhresa's company comes from the [[Kipawa Flour Mill]] where various rice and grain products are being processed.<ref>[http://www.21food.com/showroom/100994/aboutus/said-salim-bakhresa--co.-ltd.html ''Said Salim Bakhresa & Co. Ltd''] at 21Food.com</ref> 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.<ref name="miga">[http://www.miga.org/news/index.cfm?stid=1842&aid=3055 Multilateral Invested Guarantee Agency for ''Bakhresa Grain Milling (Rwanda) Limited''] at MIGA.org</ref> This is a major concern according to the [[World Bank]]'s [[Country Assistance Strategy]].<ref name="miga"/> Bakhresa's projects in Rwanda are also expected to create jobs and help to increase national corporate tax revenues.<ref name="miga"/> |
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His group employs more than 2000 people and is Tanzania's largest [[conglomerate (company)|conglomerate]].<ref name="saidsalim"/> Other specialties produced through Bakhresa's conglomerate includes: [[Confectionery|confectioneries]], [[frozen food]]s, [[Drink|various kinds of drink]]s, and [[Packaging and labeling|packaging]].<ref name="saidsalim"/> The ''[[Azam]]'' brand is Bakhresa's most successful [[chocolate]] and [[ice cream]] manufacturer in Tanzania.<ref name="saidsalim"/> While the company is managed by his sons, Bakhresa owns the company itself.<ref name="saidsalim"/> Its daily capacity for manufacturing is 2100 metric tons and made sales of $800 million in 2011.<ref name="saidsalim"/> Bakhresa's ''Azam Marine'' |
His group employs more than 2000 people and is Tanzania's largest [[conglomerate (company)|conglomerate]].<ref name="saidsalim"/> Other specialties produced through Bakhresa's conglomerate includes: [[Confectionery|confectioneries]], [[frozen food]]s, [[Drink|various kinds of drink]]s, and [[Packaging and labeling|packaging]].<ref name="saidsalim"/> The ''[[Azam]]'' brand is Bakhresa's most successful [[chocolate]] and [[ice cream]] manufacturer in Tanzania.<ref name="saidsalim"/> While the company is managed by his sons, Bakhresa owns the company itself.<ref name="saidsalim"/> Its daily capacity for manufacturing is 2100 metric tons and made sales of $800 million in 2011.<ref name="saidsalim"/> Bakhresa's ''Azam Marine'' diviofile] at Azam Marine</ref> In addition to Zanzibar, riders can also experience [[Lake Victoria]] and [[Mount Kilimanjaro]].<ref name="azammarine"/> |
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Bakhresa is helping to reduce th |
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Bakhresa is helping to reduce the effects of [[malaria]] on his employees by preventing the spread of the disease at his workplaces.<ref name="rbm">http://www.rbm.who.int/ProgressImpactSeries/docs/report6/SSB-en.pdf ''Malaria prevention at Said Salim Bakhresa improves employee health, cuts company malaria-related costs by two-thirds'' at rbm.who.int</ref> As a result, Bakhresa's firm only spends about $3400 USD a month for malaria medication as opposed to $10000 USD per month to heal its sick workforce.<ref name="rbm"/> They stopped using ''[[Sulfadoxine/pyrimethamine|Fansidar]]''; a monotherapy drug in favor of more effective [[artemisinin]]-based therapies that utilizes [[Combination therapy|polytherapy]].<ref name="rbm"/> Other companies are united with the Bakhresa Group to stop malaria in their region.<ref name="rbm"/> Residents of Tanzania who work outside of Bakhresa's company have also benefitted from Bakhresa's crusade against malaria in Africa.<ref>[http://www.malariafreefuture.org/content/advocacy Advocacy for a Malaria Free Future] at MalariaFreeFuture.org</ref> |
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==References== |
==References== |
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Revision as of 11:16, 5 October 2016
Said Salim Bakhresa | |
|---|---|
| Born | 1949 (age 74–75) |
| Nationality |  Tanzania |
| Occupation | Businessman |
| Known for | Being one of the wealthiest residents in Tanzania and operating numerous business ventures |
| Spouse | Mrs. Said Salim Bahhresa |
| Children | Mohamed Said Salim Bakhresa Abubakar Said Salim Bakhresa Omar Said Salim Bakhresa Yusuf Said Salim Bakhresa Khalid Said Salim Bakhresa(deceased 2007) Mariam Salim Bakhresa |
Said Salim Awadh Bakhresa (born 1949 in Zanzibar), is an extremely reclusive Tanzanian business tycoon.
He is the founder and the chairperson 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.[1] 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.[2]
Currently, his net worth is $520 million according to Forbes 2012 top 40 richest people in Africa.
Career
After getting into the potato mix industry, Bakhresa got involved as a restaurant operator in the 1970s and then went into grain milling.[1][3] Even today, the main products from Bakhresa's company comes from the Kipawa Flour Mill where various rice and grain products are being processed.[4] 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.[5] This is a major concern according to the World Bank's Country Assistance Strategy.[5] Bakhresa's projects in Rwanda are also expected to create jobs and help to increase national corporate tax revenues.[5]
His group employs more than 2000 people and is Tanzania's largest conglomerate.[1] Other specialties produced through Bakhresa's conglomerate includes: confectioneries, frozen foods, various kinds of drinks, and packaging.[1] The Azam brand is Bakhresa's most successful chocolate and ice cream manufacturer in Tanzania.[1] While the company is managed by his sons, Bakhresa owns the company itself.[1] Its daily capacity for manufacturing is 2100 metric tons and made sales of $800 million in 2011.[1] Bakhresa's Azam Marine diviofile] at Azam Marine</ref> In addition to Zanzibar, riders can also experience Lake Victoria and Mount Kilimanjaro.[6]
Bakhresa is helping to reduce th
References
- ^ a b c d e f g Said Salim Bakhresha career information at Forbes.com
- ^ Millers gather in Tanzania at DavidMcKee.org
- ^ Management information at Bakhresha Group
- ^ Said Salim Bakhresa & Co. Ltd at 21Food.com
- ^ a b c Multilateral Invested Guarantee Agency for Bakhresa Grain Milling (Rwanda) Limited at MIGA.org
- ^ Cite error: The named reference
azammarinewas invoked but never defined (see the help page).