Tycoon John Moxon's Meikles exits Zimbabwe's hotel industry after a public family succession fight
Meikles has agreed to sell its half of the Victoria Falls Hotel partnership to African Sun, eight months after deciding to retain the asset.
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Meikles has agreed to sell its half of the Victoria Falls Hotel partnership to African Sun, eight months after deciding to retain the asset.
Moxon, who played a pivotal role in transforming Meikles Limited into one of Zimbabwe’s leading conglomerates, owns a 10.8-percent stake in the group.
Moxon, who played a pivotal role in transforming Meikles Limited into one of Zimbabwe’s leading conglomerates, owns a 10.8-percent stake in the group.
From retail and agriculture to hospitality and security, Moxon’s strategic leadership has shaped a conglomerate with a century-long history.
Moxon owns a 10.8-percent stake in the group.
This $18.4-million surge firmly cements his place as one of the leading investors on the Zimbabwe Stock Exchange.
Moxon, who played a pivotal role in transforming Meikles Limited into one of Zimbabwe’s leading conglomerates, owns a 10.8-percent stake in the group.
Moxon owns a 10.8-percent stake in Meikles Limited, which amounts to 27,933,226 shares.
Moxon owns a 10.8-percent stake in Meikles Limited, a prominent Harare-based conglomerate.
Moxon ranks as one of the richest investors on the Zimbabwe Stock Exchange.
According to data tracked by Billionaires.Africa, Moxon’s losses from his stake in Meikles Limited have now surpassed $148 million within 71 days.
Moxon owns a 10.8-percent stake in Meikles, or 27,933,226 shares.
Despite this multimillion-dollar slump, Moxon remains one of the richest investors on the Zimbabwe Stock Exchange.
Moxon owns a 10.8-percent stake in Meikles Limited.
Moxon ranks as one of the richest businessmen in Zimbabwe.