Said Salim Bakhresa

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]

Summary

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]

References

  1. ^ a b c d e f g Said Salim Bakhresha career information at Forbes.com
  2. ^ Millers gather in Tanzania at DavidMcKee.org
  3. ^ Management information at Bakhresha Group
  4. ^ Said Salim Bakhresa & Co. Ltd at 21Food.com
  5. ^ a b c d 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