New Investment To Create 1000 Jobs In Zim

Bakhresa Group, one of the leading corporates in Tanzania is set to open a beverage business in the country with a potential to generate more 1000 jobs.

Addressing stakeholders during the Blue Ribbon Foods plant tour on Tuesday, Blue Ribbon Foods Managing Director Mounir Bakhresa said the group has reached out to the Ministry of Industry, Commerce and Enterprise Development for allocation of land for the initiative.

“We have since reached to the Ministry of Industry, Commerce and Enterprise Development for allocation of land for the initiative.

“This project will generate 1000 jobs and it should enable us to export a significant portion of our production.

“We are also carrying out feasibility studies in an effort to export our flour into the region to further earn much needed foreign currency,” said Bakhresa.

He added that they intend to establish a Pay-TV and they are waiting for Government approval.

“The Bhakresa Group owns a Pay-TV called Azam Media which we intend to establish in Zimbabwe and in this regard we had several meetings with the Ministry of Information, Media and Broadcasting.

“Our intention is to immediately commence this project once we get a green light from Government.

“As Bakhresa Group we have various other investments that we ought to roll out which include the resuscitation of the other currently non-operational business units like the Aroma and J.A Mitchell bakeries which were under the former Blue Ribbon Industries flagship,” he said.

Bakhresa Group is one of the leading industries in Tanzania, East Africa. Started in a humble manner with a small restaurant in the Port City of Dar Es Salaam, Tanzania, in mid-seventies, it has now emerged as one of the prominent family-owned business group in the region.

The Group has its operations spread in Tanzania Mainland & Zanzibar, Kenya, Uganda, Malawi, Mozambique, Zambia, Rwanda, Burundi and in South Africa. Plans are in place to spread its wings to other countries.

 

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