Tycoon Rostam Aziz must be a happy man as Vodacom Tanzania shareholders have unanimously approved the sale of Mirambo Holdings’ stake in the company to Vodacom Group. Mirambo Holdings, which owns a 26.25 per cent stake in Vodacom Tanzania, is the investment vehicle of Tanzanian multi-millionaire tycoon Rostam Aziz. Mirambo’s stake in Vodacom Tanzania is currently valued at more than $200 million (about Sh460 billion) but it is not yet clear how much Vodacom South Africa will be paying the Tanzanian tycoon for the stake and Mr Mufuruki could not tell the amount to be involved in the transaction.
