Tycoon Mohammed Dewji says he is paying back to Tanzanian society for always standing by his side through offering basic and quality products at affordable prices
Dar es Salaam. Business tycoon Mohammed Dewji has explained his focus on offering basic and quality products at affordable prices, saying it was a way to thank society for always being by his side during highs and lows.
He made the revelation at the weekend in Washington when he delivered the Georgetown University’s McDonough School of Business commencement address, an event which also saw him being awarded an honorary doctorate by the university.
The honorary doctorate, presented by Georgetown University president John DeGioia, was in recognition of Mr Dewji’s significant contribution to society through his philanthropic work across Tanzania.
He said Tanzanians earn a couple dollars a day, and those precious dollars were allocated to basic necessities that include food, water and clothing.
“So, that’s how we developed the force behind MeTL (Mohammed Enterprises Tanzania Limited Group) manufacturing activities: to provide basic quality products at an affordable price,” asserted Mr Dewji.
Today, he described his company’s identity as “the people’s brand” coming from the fact that it touched nearly every point in the daily lives of Tanzanians.