Malawian tycoon Hitesh Anadkat’s stake in FMB Capital falls below $200 million
This adds to a $6-million decrease in the value of his holding between Feb. 1 and March 9.
Malawi
Malawian businessman Hitesh Anadkat loses $6 million from FMB Capital stake
Despite the recent decline in the market value of his stake, Anadkat retains his position as one of the wealthiest investors on the Malawi Stock Exchange.
Mauritian tycoon Arnaud Lagesse’s IBL nearly doubles half-year revenue to over $1.1 billion
Arnaud Lagesse, along with his siblings Benoit, Hugues, Jean-Pierre, Thierry, and Stephane Lagesse, collectively holds a substantial 16.8-percent joint stake in IBL Group.
One of Malawi’s richest men, Thom Mpinganjira loses $8 million in 32 days
Mpinganjira, the founder of the FDH Bank Plc, owns a 40.7-percent indirect stake in the Blantyre-based lender.
One of Malawi’s richest men, Hitesh Anadkat, gains $20 million from FMB Capital
The $20.76-million surge has solidified Anadkat’s position as one of the wealthiest investors on the Malawi Stock Exchange.
Hitesh Anadkat, one of Malawi’s richest men, rakes in $105 million in 2023
Anadkat holds a 35.51-percent stake in FMB Capital, or 872,924,575 ordinary shares.
Hitesh Anadkat, one of Malawi’s richest men, gains $9.7 million in 43 days
Anadkat holds an impressive 35.51-percent stake in FMB Capital Holdings.
5 companies owned by Malawian multimillionaire banker Hitesh Anadkat
As the visionary force behind FMB Capital Holdings, Hitesh Anadkat’s influence extends across Southern Africa, impacting the financial sector.
5 richest bankers on the Malawi Stock Exchange
These trailblazers lead key banking institutions including FMB Capital Holdings, FDH Bank Plc, NICO Holdings, and the National Bank of Malawi.
One of Malawi’s richest men, Thom Mpinganjira loses $13 million in 83 days
Mpinganjira, founder of the FDH Bank, owns a 40.7-percent indirect stake in the Blantyre-based lender.
10 richest people on the Malawi Stock Exchange
Prominent figures benefiting significantly from the recent bullish trend on the Malawi Stock Exchange include Hitesh Anadkat and Thom Mpinganjira.
Nigerian billionaire’s fintech company secures Malawi license for global transactions
Flutterwave has gained prominence in the fintech sector under the leadership of Nigerian billionaire Olugbenga Agboola.
One of Malawi’s richest men, Thom Mpinganjira unveils multimillion-dollar cancer center
Mpinganjira shared the personal motivation behind this ambitious healthcare initiative.
Hitesh Anadkat, one of Malawi’s richest men, loses $22.65 million in 21 days
Anadkat presently owns an impressive 35.51-percent stake in FMB Capital, which translates to 872,924,575 ordinary shares.
One of Malawi’s richest men, Thom Mpinganjira gains $125 million in 2023
Mpinganjira’s stake in the bank solidifies his position as one of the wealthiest individuals in Malawi and across Southern Africa.
Hitesh Anadkat, one of Malawi’s richest men, loses $64 million in two days
Anadkat presently holds an impressive 35.51-percent stake in FMB Capital, which translates to 872,924,575 ordinary shares.