FEATURED STORY

Tanzanian billionaire Reginald Mengi dies at 75

Share
The late Reginald Mengi
Share

Tanzanian billionaire and philanthropist Reginald Mengi, 75 is dead, two media outlets associated with him reported on Thursday.

ITV and Radio One reported that Mengi, who was the Executive Chairman of IPP Group of Companies, passed on while in Dubai.

Mengi leaves behind his 35-year old-wife Jacqueline Ntuyabaliwe (former Ms Tanzania) and two sons.

Ntuyabaliwe, also known as K-Lynn, who is popular for her hit song Crazy Over You, is set to inherit the deceased’s vast empire estimated to be worth Ksh50 billion.

Mengi, the author of I Must and I will, The Spirit of Success, was one of the most revered businessmen in Africa.

The media mogul was born in 1944 in Kilimanjaro and was the chairman of Media Owners Association of Tanzania and Handeni Gold, Inc.

{Read: Labour day: Youth in Kenya decry corruption’s hold on unemployment}

Through IPP, Mr Mengi built IPP Media,, which owns ITV, East Africa TV, Capital TV, Radio One, East Africa Radio, and Capital FM.

{See also: Communications regulator introduces new mobile number prefix}

IPP has interests in Energy Tanzania Limited, Tanzanite Africa Limited, a gemstone mining company, Coca-Cola bottling and Infocom Limited, an IT solutions provider.

2 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
Safaricom CEO Peter Ndegwa
FEATURED STORY

Safaricom’s Impact On Society Grows 16 Times In 6 Months

Safaricom’s impact on society grew 16 times in the six-month period ending...

Rohan de Beer, End User Sales Director at Schneider Electric
FEATURED STORY

The Industrial Edge: Thriving In The Shadow Of Cloud Computing’s Hype

By Rohan de Beer, End User Sales Director at Schneider Electric Despite...

SHA
FEATURED STORY

One Month Later: Kenyans Share Their Experiences With SHA

Sophia (not her real name) remembers the day so well, a week...

2 Arrested in Murder of Wells Fargo HR Manager Willis Ayieko
FEATURED STORYNEWS

2 Arrested in Murder of Wells Fargo HR Manager Willis Ayieko

Two people have been arrested, and one other is being sought to...