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Tanzania’s Elites Gather at CCM Fundraiser, Sh 86.3 Billion Raised Ahead of the Polls

The event raised a total of TSh 86.3 billion, of which TSh 56 billion was collected in cash, while TSh 30 billion was pledged.

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A cross-section of Tanzania’s wealthy individuals gathered on Tuesday, August 12, 2025, alongside party supporters, leaders, and members at Mlimani City Hall in Dar es Salaam for a fundraising gala dinner organized by the ruling party, Chama Cha Mapinduzi (CCM).

The event raised a total of TSh 86.3 billion, of which TSh 56 billion was collected in cash, while TSh 30 billion was pledged.

The largest individual contribution came from Ghalib Said Mohamed (GSM), President of the GSM Group, a conglomerate with interests in port logistics, transport, real estate, and consumer goods.

Mining companies, including both local operators and international firms, collectively donated about sh 16.2 billion.

Other contributions came from party insiders, religious leaders, government officials, cooperatives, and various individuals making smaller donations.

Speaking about the fundraiser, CCM Secretary Emmanuel Nchimbi said the event was not solely aimed at financing the upcoming elections but also intended to support other party-building activities. His remarks followed earlier party announcements of a sh. 100 billion fundraising target, which had sparked debate regarding compliance with election spending guidelines.

In her closing speech, CCM Chairperson, President Samia Suluhu Hassan emphasized that while the party has a long and rich history, it must be sustained and strengthened by the commitment of its supporters.

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