Said Salim Bakhresa

Last updated
Said Salim Bakhresa
Born1949 (age 73–74)
Zanzibar, Tanzania
Occupation(s) Businessman, Philanthropist
Known forOperating numerous business ventures under Bakhresa Group
SpouseFathiya Bakhresa
Children
  • Mohamed Said Salim Bakhresa
  • Omar Said Salim Bakhresa
  • Abubakar Said Salim Bakhresa
  • Mariam Said Salim Bakhresa
  • Yusuf Said Salim Bakhresa
  • Khalid Said Salim Bakhresa (deceased 2007)

Said Salim Awadh Bakhresa (born 1949 in Zanzibar), is a 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 the island of Zanzibar. With a humble beginning as a small restaurateur in the seventies, he created the business empire within a span of three decades. 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]

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 division is providing international tourists with quick ferry services as more people discover Tanzania. [6] In addition to Zanzibar, riders can also experience Lake Victoria and Mount Kilimanjaro. [6]

Bakhresa is helping to reduce the effects of malaria on his employees by preventing the spread of the disease at his workplaces. [7] As a result, Bakhresa's firm only spends about US$3400 a month for malaria medication as opposed to US$10000 per month to heal its sick workforce. [7] They stopped using Fansidar ; a monotherapy drug in favor of more effective artemisinin-based therapies that utilizes polytherapy. [7] Other companies are united with the Bakhresa Group to stop malaria in their region. [7] Residents of Tanzania who work outside of Bakhresa's company have also benefitted from Bakhresa's crusade against malaria in Africa. [8]

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References

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