Turnstar eyes blue-chip asset expansion into African markets

Turnstar, listed on the local bourse, has been pumping capital into the Tanzanian and Dubai markets investing in the retail property sector, seeking to make hay whilst it shines on other Eastern African markets.

In an exclusive interview with BusinessWeek, Turnstar Managing Director Gulaam Abdoola revealed the company had enjoyed stable asset and bottom-line growth and sought to leverage its expertise and financial muscle as a comparative advantage to enter other African markets.