Rostam Aziz

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Rostam Aziz
رستم عزیز
Member of Parliament
for Igunga
In office
1994 – 13 July 2011
Succeeded by Dalaly Kafumu
Personal details
Born c. 1964 (age 51–52)[1]
Nationality Tanzanian
Political party CCM
Occupation Businessman
Net worth $1 billion (July 2015)[1]
Ethnicity Baloch[2]

Rostam Abdulrasul Aziz is a Tanzanian politician, businessman and entrepreneur. According to Forbes magazine, he was reportedly the first Tanzanian billionaire in 2013 with an estimated net worth of US$1 billion.[3]

He represented the Igunga constituency in Tabora Region from 1993 until his resignation in 2011.[4] Every household in his constituency was provided with health insurance from the Community Health Fund.[5]

Background[edit]

The Aziz’s are a fifth generation Tanzanian family of Iranian ancestry. [6] They settled in Tanganika after transiting in Zanzibar, circa 1850. The family initially began farming sisal, rice and sugar cane.

Overview[edit]

The Aziz family is one of the wealthiest families in East Africa. Their investments range from telecommunications, agriculture, media, mining, and ports facilities.

The Aziz Group holdings include:

  • Shareholding in Vodacom Tanzania, the leading mobile telephone network in the country, a subsidiary of Vodafone.[7]
  • Caspian Limited, the largest contract mining company in Tanzania. Mining contractor to DeBeers, Barrick Gold and others.
  • Ownership of the port of Dar es Salaam, in partnership with Hutchison Wampoa
  • Wembere Hunting Safaris Limited
  • Africa Tanneries Limited
  • Tanzania Leather Industries Limited
  • Various newspapers, radio and television stations

See also[edit]

References[edit]

  1. ^ a b "#1741 Rostam Azizi". Forbes. Retrieved 20 July 2015. 
  2. ^ Juma Volter Mwapachu (2005). Confronting New Realities: Reflections on Tanzania's Radical Transformation. E & D Limited. ISBN 978-9987-411-20-7. 
  3. ^ "50 RICHEST PEOPLE IN AFRICA #26Rostam Azizi". Forbes. Retrieved 21 July 2015. Rostam Azizi, Tanzania's first billionaire. 
  4. ^ Guardian, Reporter. "Rostam Resigns As MP, NEC Member date=13 July 2011". IPP Media (Dar es Salaam). Retrieved 6 November 2014. 
  5. ^ Mande, Mike (17 July 2011). "Tanzania's opposition welcomes Rostam Aziz's quitting". The EastAfrican. Retrieved 21 July 2015. 
  6. ^ David Lawrence (October 2009). Tanzania: The Land, Its People and Contemporary Life. Intercontinental Books. pp. 26–. ISBN 978-9987-9308-3-8. 
  7. ^ The Citizen, Reporter (28 November 2013). "Rostam Offloads Vodacom Equity for A Cool TSh387 Billion (US$242 Million)". The Citizen. Retrieved 6 November 2014. 

External links[edit]