Story of a serial investor and avid traveller Tim Staermose

By Anganile Mwakyanjala

Dar es Salaam. There is a big difference between investing and trading in stocks. If you are in to make a quick buck trading, don't call yourself an investor. That was one of the memorable statements during our 25-minute sit-down with Tanzanian-born Danish investor, Tim Staermose.

Tim is an avid wine collector. He has tasted a few wines and he likes the taste. He gifted a bottle of Tanzanian wine to his stepfather who came for a safari in Tanzania from Australia, and when he asked his friends back home to guess where the wine came from, most guessed it came from Northern Italy. "Tanzania has the same soil conditions as Veneto, Italy, and some of the people, especially the nuns who started making wines in Tanzania came from Italy, so their technique could be similar," he reminded me. It is fascinating what one can find out from just a sip of wine. None in that wine tasting group could have guessed that the wine came from Tanzania, and our country is not known for its wine. Maybe that is one area that we can truly embrace and improve as a wine-tasting destination, like the reputation South Africa has acquired.

Story of a serial investor and avid traveller Tim Staermose

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