Africa's Youngest Billionaire, Mohammed Dewji, Abducted In Tanzania

Update: Tanzanian billionaire Mohammed Dewji rescued

The businessman and former politician was reportedly pursued by numerous armed individuals as he made his way into a Dar Es Salaam hotel.

Reports from the scene suggest two white men and an unknown number of accomplices in two cars waylaid the prominent businessman as he walked into the exclusive Colosseum Hotel and Fitness Club, where he is a member.

The police continue their search and have arrested three men in connection to the kidnapping, the exact motivation behind the abduction unclear, though according to CNN, it is thought to likely be a "ransom" kidnapping.

Mohammed Dewji, 43, was taken by the men who waylaid him as he left the hotel gym after his early morning workout at around 6.30 am local time, police said.

Mr Dewji is worth $2 billion, according to Forbes who profiled him recently.

Update: Tanzanian billionaire Mohammed Dewji rescued

Dar es Salaam police chief Lazaro Mambosasa told a press conference that the assailants had "shot into the air" before bustling Dewji into their vehicle.

Mr Dewji, locally known as Mo, is credited with turning his family business from a wholesale and retail enterprise into a pan-African conglomerate, reports the BBC's Athuman Mtulya from Dar es Salaam. "They (the four were masked individuals) fired one bullet in the air and all the hotel security guards ran away", he said.

"Initial information indicates he was kidnapped by whites travelling in two vehicles", regional governor Paul Makonda told journalists, adding that "this kind of incident is new here".

Dewji is Africa's youngest billionaire and runs the METL group, a family business founded by his father in the 1970s, that operates across six African countries.

Half of mental health disorders arise in adolescence
Recent data from the Ghana Health Service has revealed that about 41 percent of Ghanaians have some form of psychological illness. Kufre gave the advice in an interview with the News Agency of Nigeria (NAN) in Abuja to commemorate the World Mental Health Day .

Related news:

Hot News

isis-killer-beheading-video-story-top Princess Eugenie wedding: Well-wishes gather for ceremony
Oct 12, 2018 - 06:44
Samantha was later photographed holding masks of Meghan and Harry's faces, which she repeatedly purchased at a souvenir stand. As well as Charlotte, three, the other bridesmaids will be Peter and Autumn Phillips's daughters, Savannah, seven, ...

isis-killer-beheading-video-story-top Brexit: No deal brings risk of stockpiling says watchdog
Oct 12, 2018 - 05:57
Such an arrangement would all but end May's chances of securing free trade deals with other countries. The DUP has threatened to vote against the government's budget if it goes ahead with the plan.

isis-killer-beheading-video-story-top Watch The First Teaser For Disney's New Live-Action Aladdin Movie
Oct 12, 2018 - 05:44
Disney released the poster for their live-action Aladdin movie teasing a first look trailer will be release tomorrow. This live-action take on Aladdin will be directed by Guy Ritchie , with Mena Massoud taking on the titular role.

isis-killer-beheading-video-story-top Shira Ovide: It's the wrong time for Facebook's new device
Oct 12, 2018 - 05:14
Furthermore, Facebook Portal users can also deactivate the device's camera and microphone by pressing a button on the device. We have already read about the massive security breach that affected 22.2 million Facebook users.

isis-killer-beheading-video-story-top Here's What Kanye West Said to President Trump at the White House
Oct 12, 2018 - 02:53
The conversation turned to mental health and West said he was diagnosed with bipolar disorder, but called it a "misdiagnosis". When a reporter noted that Trump has said he supports stop-and-frisk, West said, "We're going to discuss it".

isis-killer-beheading-video-story-top Colfax paints the town pink for Breast Cancer Awareness Month
Oct 12, 2018 - 01:13
Marchbanks is the director of sisterhood and philanthropy assistant for Zeta and said she is busy during Think Pink week. Through the study we found out that the awareness around breast cancer treatments and costs is largely scattered.

isis-killer-beheading-video-story-top Track Hurricane Michael flooding in real time
Oct 12, 2018 - 00:49
The size of hurricanes is mainly measured by the Saffir-Simpson scale - other scales are used in Asia Pacific and Australia. The storm rotates due to the spin of the earth and energy from the warm ocean increases wind speeds as it builds.

isis-killer-beheading-video-story-top Samsung Galaxy A9 aims to be ultimate phone for the Instagram generation
Oct 12, 2018 - 00:29
Dubbed as the Samsung Galaxy A9 (2018 ), it comes with a total of five cameras- four on the rear side and one on the front side. There's a trio of colours with silly names to choose from as well: Lemonade Blue, Caviar Black, and Bubblegum Pink.

isis-killer-beheading-video-story-top Dramatic Footage Shows Moment Inside Soyuz Capsule When Booster Rocket Failed
Oct 12, 2018 - 00:23
It has a design life of only 215 days , any longer than that and the vehicle's corrosive propellants will degrade their tanks. Russian officials have also insisted on a bigger role in a USA -led plan to build a space station orbiting the moon.

isis-killer-beheading-video-story-top Google Plus to close after bug leaks personal information
Oct 11, 2018 - 23:46
It launched in 2011 as a competitor to Facebook , but it quickly became clear this was one that Google was not going to win. Because of all of this, Google announced that it would be shutting down Google + for consumers.

isis-killer-beheading-video-story-top Dow plummets 800 points, biggest drop in 8 months
Oct 11, 2018 - 23:32
Wednesday marked the largest single-day decline in the Dow Jones since February 8, when it fell 1,032 points to close at 23,860. Tech stocks declined due to rising bond yields, which followed a spike in rates for the benchmark U.S. 10-Year Treasury.

isis-killer-beheading-video-story-top Gas Analyst: Prices Set to Spike Following Pipeline Explosion
Oct 11, 2018 - 22:15
A pipeline that ruptured and sparked a massive fire north of Prince George , B.C.is shown in this photo provided by Dhruv Desai. The province's Ministry of Environment later confirmed the incident involved a 900 PSI gas line operated by Enbridge.

isis-killer-beheading-video-story-top Chief Justice Roberts sends Kavanaugh complaints to Colorado court
Oct 11, 2018 - 22:01
The 53-year-old justice was sworn in on Saturday evening in a private ceremony at the Supreme Court. And I will always be a team player on the team of nine.

isis-killer-beheading-video-story-top Pompeo complained that North & South Korea talk peace without him - South FM
Oct 11, 2018 - 21:33
Trump said "eventually we're going to have lots of meetings on USA soil and on their soil by the way". Moon has described inter-Korean engagement as crucial to resolving the nuclear standoff.

isis-killer-beheading-video-story-top Tyson Fury and Deontay Wilder trade insults in TV showdown
Oct 11, 2018 - 21:29
He was stripped of the titles and ultimately did not fight for 31 months until returning to the ring in June. And everyone is going to say, 'How did he do that?' And I'm going to say, 'I told you so.' I'm back.