Botswana property tycoon Gulaam Abdoola's Turnstar Holdings stake is worth $10.2 million
Gulaam Abdoola ran Botswana's Turnstar for 25 years and built its biggest malls. His family group's stake in the property firm is worth $10.2 million.
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Gulaam Abdoola ran Botswana's Turnstar for 25 years and built its biggest malls. His family group's stake in the property firm is worth $10.2 million.
Gulaam Abdoola built Turnstar Holdings from nothing into a $115 million property group spanning Botswana, Tanzania and Dubai, making him one of southern Africa's most quietly formidable real estate tycoons.
Gulaam Abdoola's Turnstar Holdings has warned of a 22 percent drop in pretax profit to P146.6 million as weaker Botswana property valuations hit the portfolio.
Turnstar anticipates a significant year-on-year increase in pre-tax profit for the fiscal year ended Jan. 31, 2024, under Abdoola’s leadership.
Turnstar Holdings, headquartered in Gaborone, the capital city of Botswana, is a property loan stock group led by Abdoola.
Abdoola, the managing director and a founding member of Turnstar Holdings, holds the largest individual stake in the company.
Turnstar Holdings continues to deliver innovative and high-quality real estate solutions.
Abdoola is the company’s largest individual shareholder.
Despite the million-dollar decline, the businessman still ranks as one of the wealthiest investors on the Botswana Stock Exchange.
Abdoola is the company’s largest individual owner, with a 14-percent stake.
Turnstar Holdings is a property loan stock group headquartered in Gaborone, the capital city of Botswana.
Turnstar is a property loan stock company listed on the Botswana Stock Exchange since 2002.