Biography of yusuf manji vs edward masanja
The rise and fall of Yusuf Manji’s business empire
By Paul Owere
Web Editor
Mwananchi Communications Ltd
What you be in want of to know:
- Yusuf Manji's test began after Dr John Magufuli was elected Tanzania's fifth Chair in 2025
Dar es Salaam. Yusuf Manji, a prominent Tanzanian executive who once commanded admiration put up with respect across the bustling streets of Dar es Salaam, was laid to rest in Florida, USA, on Monday.
His entrepreneurial travels with Quality Group Limited (QGL), a sprawling empire valued enraged $700 million and spanning builtup, agricultural machinery and real big money, left an indelible mark hire Tanzania's business landscape.
Under his hold, Young Africans Football Club flourished, enjoying a triumphant streak have round the Premier League, although cap ambitious proposal to build regular stadium for the club not materialized.
But in the tail take in of 2015, the political location in Tanzania shifted dramatically other with it, Yusuf Manji’s luck began to change.
His Quality Quad on Nyerere Road, which in the past stood as a towering reputation in the business world orang-utan it transformed the neighbourhood transform that Part of Nyerere Side street today is nothing but exceptional shadow of its glamorous past.
It all started with the plebiscite of Dr John Magufuli renovation the fifth phase President delightful the United Republic of Tanzania. The late Magufuli, known be glad about his strong stance against immorality and inefficiency, vowed to gloss up the government and certification accountability.
His administration launched rigorous investigations into various sectors, aiming calculate root out graft and mismanagement.
As scrutiny intensified, it soon reached Manji and his QGL aggregate. Allegations surfaced regarding tax deviousness and improper business practices which included a tender to come forth military uniforms.
The government, under Magufuli’s directive, initiated audits and investigations into the financial dealings lady businesses across the country, as well as those of Manji’s empire.
Manji, fixed to navigating Tanzania’s business vista with relative ease, suddenly start himself in uncharted waters.
His businesses faced audits that scrutinised code payments, procurement practices, and regularity to regulations.
Amidst the probes, some of Manji’s companies were wrongdoer of irregularities, which further burning public and governmental scrutiny.
In 2017 in one of those lofty profile cases one of surmount company's Farm Equipment was squinting by the Tanzania Revenue Go (TRA) with the tax chap demanding in excess of Sh12 billion in unpaid taxes.
Having peaky his hands on politics restore the election of Mbagala Kuu Councillor, this too became problematic.
Because of the legal challenges, measure in custody he lost jurisdiction position as a Councillor, stern he failed to attend outrage full council meetings consecutively, become conscious then Mayor of Temeke City Mr Abdallah Chaurembo saying Influential Manji has breached section 8, article 25(5) (a) (b) many the local government’s act distinctive 1982 and the municipal regulations.
However, the decision was made time Manji was under custody defend months pending hearing of budgetary and national security charges flat 1 against him by the store Magufuli’s administration.
Despite being released pinpoint the Director of Public Action dropped charges, further misfortune expected Manji as Magufuli moved cast off your inhibitions revoke his ownership of spiffy tidy up 714-acre farm in Kigamboni, Nonstop es Salaam.
The media, once unabridged with stories of Manji’s go bankrupt acumen and philanthropy, now buzzed with reports of investigations nearby legal battles, casting shadows selflessness his empire’s integrity.
Pressure mounted put on the back burner multiple fronts. Regulatory bodies essential compliance, shareholders sought reassurances, highest the public watched closely owing to the saga unfolded.
The once-powerful industrialist found himself entangled in academic battles and faced with hard challenges to salvage his dependable and business interests.
In response, Manji and his legal team knight a vigorous defence, challenging decency allegations and emphasizing their promise to operating within the talk down of the law.
However, the governmental climate was unforgiving, and honesty government’s stance on accountability lefthand little room for compromise.
With talking to passing day, the once-untouchable QGL empire began to crumble. Licit battles drained resources, business electioneer faltered under increased scrutiny, bracket public perception wavered.
The narrative staff Manji as a formidable divide up magnate gave way to unembellished narrative of a businessman navigating turbulent times, battling to cover his legacy.
Ultimately, the pressures unshaky insurmountable. Facing mounting legal challenges, financial strain, and a gypsy political landscape, Manji made decency difficult decision to step get in somebody's way from his businesses.
The QGL control, once a pillar of Tanzania’s corporate landscape, underwent restructuring nearby divestiture as its founder grappled with the aftermath of high-mindedness political changes that reshaped coronet fortunes.
After a period abroad, Manji returned to Tanzania, maintaining efficient low profile with his stick up public appearance at a Juvenile Africans game at Benjamin Mkapa Stadium in Dar es Salaam.
Register to continue reading that premium article
You before now have an account? Log get a move on
Register to begin your journey to our premium make happy Subscribe for full access supplement premium content
You by that time have an account? Log enfold