Mo agrees to 49pc Simba stake
BUSINESSMAN Mohammed Dewji has bowed to government’s regulation stipulating that if a club is run as a commercial company, the majority of the voting shares of that company have to be controlled by members. Initially, Dewji, wanted to own 51 per cent of the Mainland champions Simba SC shares, which will make him majority shareholder of the club, but the government issued a directive that only 49 per cent should be sold to an individual. Speaking to journalists at a press conference in Dar es Salaam yesterday,the Msimbazi Street’s club Lawyer, Evodius Mtawala said everything in regard to the club’s transformation process was going on smoothly with Dewji agreeing to take 49 per cent stake at the club. He called on members of the club to turn up in big number during the members’ meeting at the Julius Nyerere International Convection Centre (JNICC) in Dar es Salaam on Sunday, to make constitutional amendments. During the previous extraordinary member’s meeting held at the same venue on