AFRICA’S YOUNGEST DOLLAR BILLIONAIRE HAS BEEN KIDNAPPED IN TANZANIA
TANZANIA’S richest man, Mohammed Dewji, who is reportedly worth $1.5 billion (R22bn), has been kidnapped, police said yesterday.
Dar es Salaam regional police commissioner Paul Makonda said that operations were under way to rescue Dewji and to arrest the suspects.
He gave no further details. The 43-year-old businessman and former member of parliament was kidnapped as he left a hotel gym in the capital, according to unconfirmed media reports.
Dewji owns the METL Group conglomerate, which operates in a wide range of industries including trade, agriculture and financial services, among others, according to Forbes magazine.
Forbes estimates Dewji’s net worth to be $1.5bn and says that he is Africa’s youngest billionaire.
TANZANIA’S richest man, billionaire Mohammed Dewji, has been kidnapped.