(form: ippholdings website)
From a very humble beginning in the eighties as a small scale ball-point pen assembler in a living room, IPP has grown into a major diversified company. Today, the group comprises four core divisions;
Media
Beverages
Household and Beauty care
Minerals Prospecting and Mining
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Reginald Abraham Mengi, a Tanzanian industrialist and media tycoon, is the founder and Executive Chairman of IPP Group, one of East Africa's largest privately owned companies, based in Dar es Salaam, Tanzania.
Early life
A chartered accountant by training, Reginald Mengi created the IPP business conglomerate in the mid 1980s after serving as Chairman and Managing Partner of Coopers & Lybrand in Tanzania.
IPP Group
The IPP Group, which started as a small scale hand operated ball point assembly plant in Dar es Salaam, has expanded and diversified to become one of the largest industrial groups in East Africa. Among other activities, it encompasses a Financial Consulting firm (IPP Consulting), a soft drinks bottling company in joint venture with Coca-Cola (Coca-Cola Kwanza, Bonite Bottlers and Kilimanjaro Spring Water), Tanzania's leading manufacturer of soaps, detergents and toothpaste (IPP Bodycare Ltd), as well as a media unit which is made up of eleven newspapers, three radio stations and two television channels, one which operates in Tanzania, Kenya and Uganda (IPP Media). These include The Guardian Ltd., which publishes some of Tanzania's leading weekly and Sunday newspapers: The Guardian, The Sunday Observer, The Daily Mail, and the Financial Times in English and Nipashe, Nipashe Jumapili, Alasiri, Kasheshe, and Taifa Letu in Kiswahili, Independent Television Ltd. (ITV), East Africa Television (EATV, formerly Channel 5)), Radio ONE, Sky-FM (in a joint venture with BBC) and East Africa Radio.
His long experience and success in doing business in Africa has taken him to participate in a large number of national and international business as well as taking an active interest in private sector development. To this effect, he has been a long-time advocate of promoting good governance in Africa as well as enhancing technical and managerial skills in the private sector, as key mechanisms for improving the business environment and attracting foreign direct investment to the continent. However, as a leading media tycoon, he has also called on the African press not to follow the international media's inclination to portray only the negative aspects and constraints of doing business in Africa, since these only reinforce certain stereotypes, overshadow the business opportunities that exist in the continent and has a detrimental effect on potential foreign investors.
As a leading member of the business community Reginald Mengi has served as Chairman of Tanzania's National Board of Business Accountants and Auditors, of Tanzania's Chapter of the International Chamber of Commerce (ICC), and of the Tanzanian Chapter of the Commonwealth Press Union (PCU). He has also participated in several fora organised under the New Partnership for Africa's Development (NEPAD), met with various African and Latin American leaders and is a member of the Board of Management of the Commonwealth Business Council (CBC).
(from: wikipedia 21/06/2008)
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