Said Salim Bakhresa | |
---|---|
Born | Tanzania |
Residence | Dar Es Salaam, Tanzania |
Nationality | Tanzania |
Occupation | Businessman |
Known for | Being one of the wealthiest residents in Kenya and operating numerous business ventures |
Said Salim Awadh Bakhresa is an extremely reclusive Tanzanian business tycoon who dropped out of school at age of 14 to sell potato mix and later become a wealthy businessman.[1] He is also the founder and CEO of the Bakhresa Group; which is a conglomerate of various companies and is the largest milling company in East Africa with operations in Tanzania and five other countries.[2]
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 rice and grains are being processed.[4] His group employs more than 2000 people and is Tanzania's largest conglomerate.[1] Other specialties include: 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 makes a profit of $800 million as of 2011.[1]
Bakhresa is helping to reduce the effects of malaria on his employees by preventing the spread of the disease at his workplaces.[5] As a result, Bahkresa's firm only spends about $3400 USD a month for malaria medication as opposed to $10000 USD per month to heal its sick workforce.[5] They stopped using Fansidar; a monotherapy drug in favor of more effective artemisinin-based therapies that utilizes polytherapy.[5] Other companies are united with the Bakhresa Group to stop malaria in their region.[5]