Business tycoon Rostam Aziz
In Summary
Tycoon Rostam Aziz must be a happy man as Vodacom
Tanzania shareholders have unanimously approved the sale of Mirambo
Holdings’ stake in the company to Vodacom Group. Mirambo Holdings, which
owns a 26.25 per cent stake in Vodacom Tanzania, is the investment
vehicle of Tanzanian multi-millionaire tycoon Rostam Aziz. Mirambo’s
stake in Vodacom Tanzania is currently valued at more than $200 million
(about Sh460 billion) but it is not yet clear how much Vodacom South
Africa will be paying the Tanzanian tycoon for the stake and Mr Mufuruki
could not tell the amount to be involved in the transaction.
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