This week on Financially Incorrect, we sit down with Bakari Machumu, Founder of BSM Washauri TZ. He shares his journey from agriculture study to the media industry, discussing early investments and involvement with a collective investment fund. Bakari reflects on financial lessons learned, emphasizing the significance of financial planning, savings, and making responsible financial decisions. He also delves into the challenges in the media industry and the impact of digital transformation on media businesses in Tanzania.

Chapters

0:00 Intro

0:07 FXPesa S/O

0:50 Guest intro

3:30 How did it all begin?

7:57 What is the money culture like in TZ?

11:24 What did you learn from your parent's money habits?

17:34 How did get into your career?

22:31 Landing in the journalism space

28:45 Redesigning my legacy & corporate impact

33:22 What may not be a factor to consider in your retirement?

39:40 Your financial principles?

44:24 Challenges of handling a media house in TZ

51:26 What are the investment opportunities in TZ

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