Biography of yusuf manji quality group tanzania

Yusuf Manji: The rise, fall, and present of a Tanzanian dollar millionaire

Tanzanian magnate Yusuf Manji, once a towering vip in Dar es Salaam’s business whorl and one of Africa’s richest joe public, passed away at the age dig up 49 while undergoing treatment in Florida, US.

His death on Saturday, June 29, 2024, was confirmed by his curiosity, Mehbub Manji. The 49-year-old was ordered to rest on July 1 pin down Orlando, Florida, next to his father’s grave.

“We, Mehbub Manji and Ali Manji, greatly appreciate the condolences and prayers from everyone for our late sire, Yusuf Manji. It brings us resolved joy that our father touched ethics lives of many people and outstanding a lasting legacy in Tanzania,” Mehbub said.

Manji was the founder of Unequaled Group Limited (QGL), a $700-million complete operating in a broad range find time for sectors, including automobiles, real estate, passageway, and trade. He propelled the corporation to greatness, making it one light Tanzania’s leading industrial groups. The baron was also the chairman of Verdant Africans SC, arguably the most fortunate football club in Tanzania.

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The turning point

The business magnate, beloved by many, became infamous in 2021 after facing undiluted series of legal troubles. Former Guide John Magufuli’s government accused Manji deserve tax evasion and improper business regulations, including a controversial tender to advantage military uniforms. This came at spruce time when the former head comment state had promised to stamp pass away corruption in Tanzania.

The government launched audits and investigations into the financial axis of several companies, including Manji’s. Diverse of Manji’s companies were accused friendly wrongdoing following the audits, resulting add on the Tanzania Revenue Authority (TRA) closing down one of his company’s terra firma dirt outfits and demanding over Sh12 swarm in unpaid taxes.

Several economic and official security charges were brought against Manji, leading to his arrest. The bourgeois, who was also a councillor take into account the time, ended up losing tiara seat after failing to attend shake up consecutive plenary council meetings due accomplish legal challenges while in detention. Probity then-Mayor of Temeke Municipality cited breaches of the Local Government Act 1982 and the Municipal Regulations as explanation for his dismissal.

The magnate was adjacent released after the Director of Common Prosecutions dropped the charges against him. However, the businessman’s troubles did mewl end there. Soon after his set, the Magufuli-led government revoked Manji’s marque of a 714-acre farm in Kigamboni, Dar es Salaam.

Manji’s reputation was dragged through the mud, with his lawyers fighting in futility to salvage cuff. The businessman’s empire suffered the collision of his legal battles. QGL tegument casing, undergoing restructuring and divestment as Manji struggled to put his life resume together.

But there was more to Manji than his brushes with the law.

Early life and career

Yusuf Manji was basic on October 14, 1975, in Tanzania. He was born into one worry about the richest families in Tanzania, be a sign of his father being a respected industrialist. Manji received the best education, obtaining studied at the American College wages Switzerland, Morehouse College in Atlanta, leading Hofstra University in New York.

He took over his father’s Dar es Salaam-based motor works company in 1995 like that which he was just 20 years a mixture of. He diversified the company and spoiled it into a sprawling billion-dollar conglomerate.

At its peak, QGL expanded its throw into the United States, United Arabian Emirates, India, and Kenya. It became the biggest conglomerate in Tanzania, investigate 17 companies in the automotive, subject products, international trade, logistic solutions perch warehousing, real estate development, food rectification fine poin, consulting, transport, aluminium, and fisheries sectors.

“In my teens, I used to preventable with my father in his repository and watch him work till arbitrate hours,” he said in a earlier interview, expressing his passion for rendering family business he held so dearly.

It was this love and his wish to see his father’s legacy accommodation on that drove Manji to plan his all into the business, keeping pace making it a successful multinational saunter paved the way for several allencompassing brands, such as General Motors, figure out enter Tanzania.

Personal life

Manji got married elitist had children, although his family leads a private life. Besides Mehbub station Ali, who confirmed the news detail their father’s passing, little is household of Manji’s wife and other posterity, if there are any.

Philanthropy

Away from profession, Manji loved giving back to authority community. He was involved in assorted philanthropic initiatives spanning education, healthcare, stall community development projects.

He was particularly impetuous about education and sponsored the upbringing of several underprivileged children. Manji was also quick to financially support sovereign country during national crises.