Zimbabwean tycoon John Moxon gains nearly $13 million in 32 days
Moxon ranks as one of the richest investors on the Zimbabwe Stock Exchange.
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Moxon ranks as one of the richest investors on the Zimbabwe Stock Exchange.
With an enduring legacy spanning two decades, Masiyiwa has redefined telecommunications in Africa.
In a world where misinformation can spread at an alarming pace, the responsibility of credible journalism becomes paramount.
According to data tracked by Billionaires.Africa, Moxon’s losses from his stake in Meikles Limited have now surpassed $148 million within 71 days.
Koudounaris owns 20.6 percent of Harare-based Axia Corp., which translates to a total of 113,982,912 ordinary shares.
The significant increase has further cemented Zhanda’s position as a leading Zimbabwean businessman.
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.
This significant increase has solidified Zhanda’s position as Zimbabwe’s latest multimillionaire businessman.
The news comes a week after ADC announced the construction of a 30-megawatt data center facility in Accra, Ghana.
EcoCash Holdings is now the fourth most valuable stock on the Zimbabwe Stock Exchange.
Masimba Holdings is a well-established Zimbabwean group.
A $10,000 investment in EcoCash seven weeks ago is now worth $20,130.
Meikles is a Zimbabwean conglomerate with interests in hotel, retail, supermarkets, agricultural and financial services.
Koudounaris, a multimillionaire serial investor and one of Zimbabwe’s richest men, owns a 20.9-percent stake in Axia Corp.
Investors on the Zimbabwe Stock Exchange have amassed staggering wealth since the start of the year