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Tanzanian businessman Mufuruki eyes 51% stake in Wananchi

2018-05-03 10:59:00| Telecompaper Headlines

(Telecompaper) Tanzanian businessman Ali Mufuruki is seeking to take over control of Wananchi Group Holdings by acquiring a 50 percent shareholding, reports The Citizen. Currently, Mufuruki holds 1 percent of the total shares in the Zuku TV parent company. Once the purchase of the other shares is approved, his stake in the internet and pay-TV service provider will increase to 51 percent.

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