BRIEF DESCRIPTION OF THE FIRM:
Proper - Consult (T) Limited is one of the leading valuation and asset management consulting firms in Tanzania. It was registered in 1992 and is manned by Tanzanian professionals of long standing experience in the disciplines of asset management, property management, estate agency, land administration, valuation, project appraisal, financial analysis and resource management. It is registered by the National Council of Professional Surveyors and is licensed to practice for gain.
1. Proper Consult is an established consultancy firm with verifiable Business credentials
1.1 Name of firm and its contact addresses are as follows
PROPER-CONSULT (T) LTD.
IPS BUILDING, 11TH FLOOR, LEFT WING, SAMORA AVENUE / AZIKIWE STREET,
P.O. BOX 33392, DAR ES SALAAM, TANZANIA
Tel. No. 255 (22) 2125920, 2125854 and 0713 352993, 0713 325170 / 0713297640
Fax No. 255 (22) 2125880
1.2 Business credentials of the Company
* Certificate of Incorporation: 22164 dated 1992
* Business Licenses: B No. 00931377
* VAT Registration Number: 10-008621- E
* TIN Number: 100-195-461
* Professional Practicing Licence: National Council of Professional Surveyors No. 47
* Professional Indemnity Cover: Milembe Insurance Consultants Ltd
* Professional Certificate of Membership (TIVEA): “Corporate” and “Fellow” Certificates
* Regional Professional Certificates of Membership: (MAfFRES): “Member” Certificates
* Trade Association Membership: “Corporate” Certificate
1.3 Proper-Consult is an active member of the Tanzania Association of Consultants and of the Tanzania Chamber of Commerce, Industry & Agriculture (TCCIA) and is registered by the Tanzania Revenue Authority (TRA) for Value Added Tax (VAT) and TIN.
2.0 Management Leadership is provided by the following:
• MR. HARUNA MASEBU, M.Sc. (Reading University, UK, MBA (WIU-US); FRST; CPPPS, CHAIRMAN
• MRS. ANNA L.H. MASEBU, Adv. Dip. LMV (ARI); Post Grad. Dip (Rotterdam); MIST; FRS (T), FTIVEA, DIRECTOR,
• MR. FRED MUSHI, Adv. Dipl. LMV (ARI); PRS(T); ATIVEA; AFRES – CHIEF EXECUTIVE OFFICER.
3.0 Consultancy Services Offered:
Proper - Consult (T) Ltd. offers consultancy services in the following areas:
3.1 Valuation of Fixed Assets:
Proper Consult has undertaken physical verification and condition assessment of all types of fixed assets. This is normally followed by the valuation of the assets for a variety of purposes, including the following: Accounting / Balance Sheet; Rating; Rent assessment; Mortgage; Purchase or Sale; Compulsory Acquisition (Compensation assessment); Investment Appraisal; Liquidation; Divestiture; Preparation of prospectus of companies slated for listing (IPO) on the Stock (Exchange) Markets. The type of assets valued include land and buildings, specialized plant & machinery, furniture and equipment as well as transport assets such as motor vessels and motor vehicles.
3.2 Business (Company Valuations)
This includes financial analysis and valuation of financial assets / investments for various purposes including company divestiture; liquidation; mergers; acquisitions; takeovers, listing on the stock exchange, determination of RPI-X indices for tariff settings for regulated utility concessions, etc.
3.3 Property Management
As Property Manager, we advise landlords on the planning and best use and of their real estate investments including, refurbishment, tenant selection, optimal marketing strategies, tenancy and lease management including rent collection and cleaning and general management of single and multi tenanted office / commercial complexes. Currently we manage the following properties;
• NIC Mikocheni Investment Flats
• NIC Kisutu Flats
• NIC Msasani Investment Flats and Diplomatic Flats
• IPS Building
• PPF Plaza Building, Mwanza
• Tanzania Red Cross Society (5th and 6th floors)
• PPF Estate at Msasani Investment Flats, Dar es Salaam
• PPF Kijitonyama Maisonettes
• PSPF Plaza Building
• RITA Tower Building
• National Health Insurance Fund
• PPF Tower Building
• PPF House Building
• PPF/DCC Parking Building
• PPF Plaza, Arusha
• PPF Plaza, Mtwara
3.4 Due Diligence
Due diligence implies “being alert and careful, taking all reasonable measures to avoid unplanned risk exposure”. Clients who normally wish to access this service are potential (foreign) investors wishing to invest in entities advertised for divestiture. Such investors would be normally being availed with a prospectus comprising data on the opportunities on offer, but a prudent investor would wish to cross check this information to ascertain its accuracy and reliability before making his irrevocable bid. He would also need to have such other additional information as might be deemed relevant (e.g. various legislation) but which may not have been included in the advertised firm`s prospectus. Proper-Consult has expertise to handle such highly exacting assignments.
Proper - Consult (T) Ltd (PCL) has vast experience in consultancy matters.
The list of PCL`s satisfied clients includes such august bodies as the (World Bank funded) Urban Sector Rehabilitation Project (USRP), the UK`s DFID, FINNIDA, USAID, the Parastatal Sector Reform Commission (PSRC) and giant corporations like the Tanzania Harbours Corporation (THA), the Vocational Education and Training Authority (VETA), TANROADS, Parastatal Pensions Fund (PPF) and National Housing Corporation (NHC). Also in the list are ten Foreign Missions, including the Embassy of Japan and USA and the Canadian High Commission.
Most of our clients are not only satisfied with our services first time round, they do in fact often come back for our services at least one more time! If the adage that “the taste of the pudding, is in the eating” is something to go by, then it seems that connoisseurs who have sampled our cuisine normally come back for a second helping, as it were!
Although our base is in Tanzania, our staff have also undertaken professional assignments in Uganda, Kenya, Namibia and Rwanda. In terms of sectoral coverage, our clients are in all sectors, including the following; infrastructure and utilities; transport; tourism & leisure; agriculture; industry & trade; and financial institutions. In that regard, we have been retained by major banks as their official advisers on matters relating to collateral security. Government Ministries
and local Government / Municipal Authorities have also accessed our consultancy services, as have parastatal organizations and over a thousand individuals. Details of the above mentioned client profile is attached herewith as Appendix I.
Contact us at the following addresses:
PROPER - CONSULT (T) LTD.
IPS BUILDING 11TH FLOOR, RIGHT WING,
SAMORA AVENUE / AZIKIWE STREET
P.O. BOX 33392, DAR ES SALAAM
Tel No. 255(22) 2125920, 2125854 and 0713 352993, 0713 325 170 and 0713 297640
Fax No. 255(22) 2125880