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Azam Media Limited

Azam Media Limited

Azam Media Limited (AML) is a television broadcasting company registered in December 2103. Though new in the broadcasting industry, AML has, for few years of its existence, grown to become one of the media companies with state of the art broadcasting infrastructure. AML which runs a pay TV service is present on the DHT platform.

AML is a subsidiary of Bakhresa Group, a family owned business group and one of the leading industrial houses in Tanzania with investment primarily in food and beverage sector, packaging, logistics, marine passenger services, petroleum and entertainment. The Group also boasts one of the biggest football club in Tanzania - Azam Foot Club. According to their own website, Bakhresa Group has a turnover of more than eight hundred million USD, and more than eight thousand employees. It was founded by Said Salim Awadh Bakhresa, a well-known industrialist who began as a small restaurateur in the seventies and created a business empire within a span of four decades. Said Salim Bakhresa is today still a chairman of Bakhresa Group.

Azam Media Limited is managed by Yusuf Said Salim Bakhresa, one of four sons to the founder of Bakhresa Group. According to the Tanzanian Communication Regulation Authority, Yusuf Said is also shareholder of Azam Media Limited, just like his brothers Abubakar Said Salim Bakhresa, Omar Said Salim Bakhresa and Mohammed Salim Bakhresa. They each hold 5% of the shares while Said Salim Bakhresa & Co. Ltd – again a subsidiary of Bakhresha Group of Companies – holds the the majority shares of 80%.

The brothers are also all on the board of directors in the Bakhresa Group, which has its operations spread in whole of East Africa, Malawi, Mozambique, Democratic Republic of Congo and South Africa.

Azam Media is registered in Business Registrations and Licensing Agency (BRELA) (No. 95870) and the company file was available. It listed the above mentioned shareholder. It further stated a mortgage dated on 12nd June, 2013 in favour of Standard Chartered Bank Tanzania Limited to secure USD 8,000,000. The annual return is filed up to 2017.

Key facts

Mother Company

Bakhresa Group of Companies

Business Form

Private

Legal Form

Limited Liability Company

Business Sectors

Azam Media Limited - Broadcast. Bakresha Group of Companies - investments primarily in the Food and Beverage Sector, Packaging, Logistics, Marine Passenger Services, Petroleum and Entertainment.

Ownership

Individual Owner

The Bakhresa Family

Said Salim Bakhresa & Co. Ltd - is the flag-ship Company of the Bakhresa Group. Established in 1983, in the city of Dar Es Salaam, Tanzania, SSB has a large wheat milling and storage capacity in East Africa, employing more than 1000 people directly.

80%
Media Outlets
Other Media Outlets

Other TV Outlets

Azam One

Other Online Outlets

registered as a Online Content Service at TCRA.

Facts

Media Business

Broadcast

Azam FM Radio Ltd

Online Content Services

Azam Media Limited

Business

Business activities of Bakhresa Group of Companies are regional, especially Tanzania Mainland & Zanzibar, Kenya, Uganda, Malawi, Mozambique, Zambia, Rwanda, Burundi and in South Africa.

Following businesses are operated uneder the umbrella of the mother company:

Agro Commodities

Bakhresa Agro Commodities (PTY) Ltd – India

Food & Beverages

Azam Bakeries Co Ltd

Speciality Packaging

Omar Packaging Industries Ltd

Logistics

SSB Azam ICD Division

Petrolium

United Petroleum – (UP) is a market leader in the petroleum industry in Zanzibar

Transportation

Azam Marine Co Ltd & Kilimanjaro Fast Ferries Ltd

Agro Processing

Zanzibar Milling Cooperation Ltd.

Insurance

Azam Insurance Agency Ltd

Financial Services

AzamPay Tanzania Ltd

Corporate Social Responibility

Azam Football Club

Hospitality

Hotel Verde Zanzibar -Azam Luxy Resort & spa Ltd

Real Estate

Reliable Properties Ltd (Real Estate)

Manufacturing

Tradegents Ltd (Garments)

General Information

Founding Year

14th December, 2012

Founder

Said Salim Awadh Bakhresa - is a successful businessman with over 30 years’ experience of managing a group of complex businesses. He is the founder and chairperson of Bakhresa Group of Companies.

Employees

Azam Media Limited: no information. Bakresha Group: more than 8000.

Contact

Plot No. 46/4, Nyerere Road, Ilala, Dar es Salaam.

Tax/ ID Number

BRELA incorporation n°95870

Financial Information

Revenue (Financial Data/ Optional)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Management

Executive Board

Said Salim Awadh Bakhresa

Chairman, Bakhresa Group of Companies. He is the founding father and the Chairman of the Bakhresa Group of Companies. He is a well-known industrialist in the region.

Non-Executive Board

N/A

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    Reporters without borders
  • Funded by
    BMZ