Joseph Mfugale, 64, is the founder and owner of the three-star Peacock Hotel. He has a sixth grade education, yet after a year working as a carpenter, he opened a dry goods store and within 20 years he became one of Dar es Salaam's most respected businessmen. His son, Damasi, 35, is the CEO. He e...
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The Columbia Business School team meets Joseph and Damasi Mfugale, owner and ceo of the Peacock Hotel. The Mfugales take the CBS team on a tour of their $2 million hotel expansion that will include a spa, conference center and luxury suites.
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Hootan Mahallati, Columbia Business School, '07, was a 2007 recipient of the prestigious Lang Fund. Here he talks about his company, rightpedal, and the impact the Entrepreneurship Program at Columbia Business School continues to have on his day to day business decisions.
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The Columbia Business School team meets with members from various financial institutions and Peacock Hotel staff to understand the financing for the planned Peacock Hotel expansions.
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Damasi takes the Columbia Business School students to survey the proposed site for their beachfront luxury hotel on the Kigamboni Peninsula. The site is a five-minute ferry ride from Dar with an additional 10-minute drive from the Kigamboni ferry. This day, the ride took almost two hours.
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Every September at Columbia Business School, the office of MBA Student Life sponsors Student Association Day. It gives second-year students a chance to greet first-year students and tell them about the many student associations available to them. Akwasi Agyeman, MBA '08 and Lauren Hall, MBA '09 t...
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Charlly Greene, Columbia Business School student, class of '08, talks about her participation in the African Entrepreneurship Master Class. Two weeks later we meet up with her when she checks in to the Peacock Hotel in Dar es Salaam, Tanzania.
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Damasi and the Columbia Business School team finally arrive at the beach front property. The Mfugales paid the Tanzanian government $100,000 for the prime real estate. There is a catch. They have two years to raise funds and break ground for their new hotel or they must give the land back to the ...
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