Kanji Nanji Parpia

"Capital accumulated through profit-making ventures and investments, as well as successful diversification of capital, worked, however, towards the economic advancement of only a very few. In spite of the world depression and the disruption of the trading pattern created as a result of World War II, some Ismaili traders were, then, able to survive and take advantage of the changes. A few "new" families were also able to attain economic power as witnessed in the successes of Habib Punja, Jivraj Chachra, Bhatia Bros., Kassum Sunderji Samji, and Hussein Nasser Shariff, to mention just a few. But the changes also meant significant failures for other large businesses. Some of those so affected include Jaffer Haji and Co., Kanji Nanji, and Alarakhia Kheraj." WALJI, Shirin Remtulla, A HISTORY OF THE ISMAILI COMMUNITY IN TANZANIA The University of Wisconsin, PhD. Thesis 1974