One of the most powerful Tanzanian businessmen, Ali Mufuruki, died in South Africa where he was receiving medical treatment, one of his relatives said Sunday.
According to Sanjay Rughani, CEO of CEO-Roundtable, a Tanzanian industrial forum founded in 2000 by Mr Mufuruki to talk to the government and development partners, he died at Morningside Hospital in Johannesburg.
According to local press, the businessman died in the night from Saturday to Sunday.
« It is with great sadness that we have learned of the death of our board member and leader Ali Mufuruki, » Rughani said in a statement.
« Tanzania, the continent and the world have lost an incredibly visionary leader, » he added.
Mr. Mufuruki, born in 1958, had a fortune estimated at $ 110 million in 2012 by the online media Ventures Africa.
He founded the company Infotech Investment Group, which manages the Tanzanian and Ugandan franchises of the South African retail chain Woolworths.
He also owned Wananchi Cable, a subsidiary of Kenyan telecommunications group Wananchi Group Holdings.
In October, he resigned as president of the mobile group Vodacom Tanzania.
Mufuruki is the second Tanzanian millionaire to die this year, after press mogul Reginald Mengi, one of the country’s biggest fortunes, who died in Dubai in May.