Reginald Mengi Biography
Reginald Mengi ( Reginald Mengi Abraham) was born in 1944 in Tanzania. He was a Tanzanian industrialist, media tycoon and the founder/Executive Chairman of IPP Group. He is the vice president of the National Board of Accountants and Auditors, Tanzania.
Reginald Mengi Age | Umri Wa Reginald Mengi and Death
DescriptionReginald Abraham Mengi was born in 1944 in Kilimanjaro Region, Tanzania. Two of his media outlets, ITV and Radio ONE, on Thursday morning (2nd May 2019) confirmed that Mr. Mengi passed on in Dubai, United Arab Emirates.
Reginald Mengi Net Worth
He has an estimated net worth of US $560 million as per Forbes richest people in Africa 2014. Mengi owns ITV, East Africa TV, Capital TV, Radio One, East Africa Radio, and Capital FM.
Also, Mengi’s IPP has interests in Coca-Cola bottling, mining and consumer goods. He also owned a printing company, The Guardian Limited, that publishes the Guardian, Nipashe and Alaska magazines. At the time of his death, he announced investments in IPP Automobile, a car assembly plant, and the mobile phone sector.
Reginald Mengi Education Background and Career
Notwithstanding these circumstances, he managed to study accountancy and articles with Cooper Brothers in the United Kingdom and after being accepted as a member of the Institute of Chartered Accountants of England and Wales, he returned to Tanzania in 1971 and was employed by the accounting firm of Coopers & Lybrand Tanzania.
In 1971 he returned to Tanzania after being accepted as a member of the Institute of Chartered Accountants of England and Wales and was employed by the accounting firm of Coopers & Lybrand Tanzania.
He stayed with Coopers & Lybrand Tanzania (now Price Water House Coopers) up to September 1989 during which time he became its Chairman and Managing Partner. In September he left Coopers & Lybrand Tanzania to concentrate on his own businesses.
Reginald Mengi IPP Limited
He is the owner and executive chairman of IPP Limited, a manufacturing, bottling, and media conglomerate, which includes television, radio stations and newspapers. Through IPP, Mr. Mengi set up the IPP Media empire that mainly serves Tanzania and parts of East Africa.
Reginald Mengi Investments
The media group owns ITV, East Africa TV, Capital TV, Radio One, East Africa Radio, and Capital FM. Besides media, IPP has interests in Coca-Cola bottling, mining and consumer goods. He was also the owner of a printing company, The Guardian Limited, that publishes the Guardian, Nipashe and Alaska magazines. His death came five months after he announced investments in IPP Automobile, a car assembly plant, and the mobile phone sector.
In November, the billionaire signed a deal with a South Korean firm to establish a vehicle assembly plant at Kurasini by September 2019. According to a report by The EastAfrican, the $10 million plants is a joint venture between IPP Automobile Company Ltd and Youngsan Glonet Corporation. The carmaker is targeting buyers in Tanzania, Rwanda, Kenya, Uganda, Zambia, and Malawi is expected to assemble around 1,000 vehicles per year and employ more than 1,000 people.
“The industry will start to operate from September 2019, will include assembling functions will begin with three types of vehicles ranging from, commercial and construction trucks, buses and Sports Utility Vehicles (SUV),” he said in November 2018.
Forbes reports that IPP Automobile has already begun importing parts for the assembly of Hyundai, Kia and Daewoo cars. Mr. Mengi came to limelight in the early 1990s when he set up consumer goods factories and one of the earliest television stations in Tanzania.
Reginald Mengi Honors and Awards
In recognition of his philanthropic achievements and his unwavering commitment in the fight against social injustice, Dr. Reginald Mengi has received several international and national awards over the years.
The Business for Peace Award 2012
Reginald Mengi was awarded The Business for Peace Award 2012 on the 7th May 2012 in Oslo by the Award Giving Committee of Nobel Laureates of the Business for Peace Foundation which is based in Oslo and is supported by business leaders, politicians, and academics around the world.
Reginald Mengi was selected as one of seven Honorees of the Business for Peace Award 2012 which is given to “Business persons who, through their own actions and commitments, promote socially responsible and ethical business practices in an outstanding way, and stand out as examples to others. http://businessforpeace.no/2012-honourees/
2010 Global Leadership and Humanitarian Award
The 1st United Nations NGO Lifetime Achievement Award.
These two Awards were awarded to Reginald Abraham Mengi on the 28th May 2012 by the Global 2000 (2010) International, a registered member of the World Association of Non-Governmental Organizations, member NGO of the United Nations Department of Public Information and registered NGO in consultative status with UNESCO of the United Nations.
These awards are given to individuals and institutions throughout the world that are making significant contributions to the work of the United Nations in achieving the millennium development goals and objectives especially in the areas of poverty reduction and helping people with disabilities.
Martin Luther King Drum Major for Justice Award ( 2008) the United State of America awarded him Martin Luther King Drum Major for Justice Award ( 2008) in recognition of his commitment to the fight against social injustice and in combating corruption.
Most Respected CEO
Reginald Mengi in a poll of the region’s CEOs was the second position for three years running as the Most Respected CEO from 2000 to 2003. The poll was sponsored by the Nation Media Group and conducted by Price water house Coopers.
Environmental Leadership Award
The East Africa Environmental Network (EAEN) in recognition of Reginald Mengi efforts to save the environment, improve the quality of life and promote peace, awarded him Environmental Leadership Award.
Reginald Mengi Wife.
He married his first wife Mercy Mengi on November 27th, 1971. Mercy passed on on October 31, 2018, at Mediclinic Morningside Hospital in Johannesburg, South Africa while receiving treatment. They were blessed with two children Regina, Rodney and Abdiel. The couple worked their way up to their businesses in Tanzania.
They later separated and Mr. Mengi went on to marry K-Lyn in 2015 in Mauritius despite their age gap. K-Lyn is a former Miss Tanzania (2000) and Bongo Flava singer K-Lyn (Jacqueline Ntuyabaliwe).
Mengi revealed he got married to K-Lyn because she is wife material. Mengi said she loves him so much, she cooks for him, she washes his clothes with her own hands not using a machine, she respects him and she knows his position as a man and a husband and she knows her own position as a woman and a wife. They have two sons (twins)
Jacqueline N. Mengi, A former Miss Tanzania (2000), currently owns an interior design company that makes object D’Art furniture pieces, Amorette, Ltd. Jacqueline N. Mengi is also a philanthropist with many causes close to her heart, one being the Dr. Ntuyabaliwe Foundation, which she founded.
She is an ambassador of the WildAid campaign to inform the public about the severe poaching crisis currently facing Tanzania and to generate widespread support among civil society for the protection of elephants and other wildlife species.
Mrs. Mengi is also a supporter of the campaign against the deaths of premature babies and supports several local orphanages.
Reginald Mengi Family
The couple has twin boys born in 2013. In 2015 the Mengi and Klynn held their lavish wedding in Mauritius.