Zimbabwean tycoon Mutumwa Mawere dies at 66 after storied business career
Mutumwa Mawere, a towering figure in Zimbabwean business whose empire spanned mining to banking, has died in South Africa at age 66.
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Mutumwa Mawere, a towering figure in Zimbabwean business whose empire spanned mining to banking, has died in South Africa at age 66.
Investigations involving Zimbabwean businessman Wicknell Chivayo continue, despite claims the case has been dropped.
Zimbabwean tycoon Ken Sharpe urges reforms after unveiling Pomona City, a $4 billion WestProp development in Harare.
Innscor Africa reports robust 2024 financial performance driven by robust performances across its primary business lines.
The $30-million Bakers Inn unit boasts cutting-edge technology capable of producing roughly 160,000 loaves daily, marking a leap in domestic bread production capacity.
The development encompasses an 18-hole championship golf course modeled after those used on the PGA Tour
In a call to action, Sharpe urged Zimbabweans in the United States to actively contribute to the nation’s growth.
Unearth his vast portfolio, spanning from Simbisa Brands’ fast-food dominance to Padenga Holdings’ global presence in luxury fashion.
The reduction, revealed on Wednesday, is attributed to persistent challenges in the country’s freight rail services.
This $18.4-million surge firmly cements his place as one of the leading investors on the Zimbabwe Stock Exchange.
GDI is 50-percent owned by Landela Mining Venture, a subsidiary of Sotic International Ltd., linked to Kudakwashe Tagwireyi.
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.
Koudounaris owns 20.6 percent of Harare-based Axia Corp., which translates to a total of 113,982,912 ordinary shares.
Moxon owns a 10.8-percent stake in Meikles, or 27,933,226 shares.
Rudland is a famous Zimbabwean tycoon with interests in tobacco, logistics, financial services, and agriculture.
The surge in the market value of Mupita’s minority 0.043-percent stake in MTN Group can be attributed to renewed investor interest.