Billionaire Mo Dewji In Hot Water Over Undeveloped Tanzania Farms
The government says Mohamed Enterprises Tanzania Ltd, whose majority shareholder is Africa's youngest billionaire Mo Dewji, must develop its six farms urgently or it will revoke ownership. Since President John Magufuli came to power three years ago, the government has revoked ownership of 46 farms after investors failed to develop them according to land laws.
Citizen, 5 February 2019
The government has warned Mohamed Enterprises Tanzania Ltd (MeTL), whose majority shares are owned by Mohammed Dewji, that it will revoke ownership of its (the firm's) six farms if… Read more »
Africa's youngest billionaire Mohamed Dewji (file photo).
Daily News, 15 August 2017
PresidentJohn Magufuli has revoked title deeds of 15,567.6 undeveloped acres in Morogoro region as per pleas of four district councils. Read more »
Daily News, 24 June 2017
The Isles government has decided to revoke title deeds for land left undeveloped for a long period, Second VicePresident, Ambassador Seif Ali Iddi announced here yesterday. Read more »