Yusuf manji quality group tanzania limited
Yusuf manji quality group tanzania limited
Yusuf manji quality group tanzania limited share price!
The rise and fall of Yusuf Manji’s business empire
Dar es Salaam. Yusuf Manji, a prominent Tanzanian businessman who once commanded admiration and respect across the bustling streets of Dar es Salaam, was laid to rest in Florida, USA, on Monday.
His entrepreneurial journey with Quality Group Limited (QGL), a sprawling empire valued at $700 million and spanning manufacturing, agricultural machinery and real estate, left an indelible mark on Tanzania’s business landscape.
Under his leadership, Young Africans Football Club flourished, enjoying a triumphant streak in the Premier League, although his ambitious proposal to build a stadium for the club never materialized.
But in the tail end of 2015, the political landscape in Tanzania shifted dramatically and with it, Yusuf Manji’s fortunes began to change.
His Quality Plaza on Nyerere Road, which once stood as a towering figure in the business world as it transformed the neighbourhood on that Part of Nyerere Road today is no