Dar es Salaam-based tycoon Hans Macha loses over $1 million in 84 days
Macha, ranked as one of the richest investors on the local bourse, owns 1.9 percent of CRDB Bank, equivalent to 32,764,200 shares.
Macha, ranked as one of the richest investors on the local bourse, owns 1.9 percent of CRDB Bank, equivalent to 32,764,200 shares.
Despite this setback, the Tanzanian billionaire brothers remain among the wealthiest investors on the Dar es Salaam Stock Exchange.
The Rajabali brothers, considered two of Tanzania’s richest individuals, own a combined 2.6-percent stake in CRDB Bank.
CRDB Bank linked to Tanzanian billionaire brothers has expanded into the insurance market with a new subsidiary.
Aunali and Sajjad Rajabali own a combined 2.6-percent stake in CRDB Bank.
Aunali and Sajjad Rajabali own a combined 2.6-percent stake in CRDB Bank, a Dar es Salaam-based lender.
Macha owns 1.9 percent of CRDB Bank.
CRDB Bank is owned in part by Aunali and Sajjad Rajabali.
Macha owns a total 1.9-percent stake in CRDB Bank.
The Rajabali brothers own a 2.6-percent stake in CRDB Bank Plc.
Macha’s interest in Tanzania’s leading banking group is worth more than $5 million.
Aunali and Sajjad Rajabali own a combined 2.6 percent stake in the Dar es Salaam-based CRDB Bank.
Macha has a fractional 1.25-percent ownership position in the bank.
The multimillionaire brothers, Aunali and Sajjad Rajabali, own a 2.6-percent stake in the Dar es Salaam-based lender.
CRDB Bank is the largest wholly-owned private financial services group in Tanzania.
The brothers are the largest individual shareholders in the bank with an ownership stake of 2.6 percent.