Malawi Stock Exchange sees leading investors’ fortunes rise significantly, driven by a decade-long bullish trend in shares, bonds, and unit trusts.
Malawi
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Anadkat, a Malawian banking mogul, holds a 2.9-percent stake in Letshego Holdings, making him the largest private shareholder.
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Bank owned by one of Malawi’s richest men, Thom Mpinganjira, to pay $4.1-million dividend
The record dividend payout underscores its unwavering dedication to shareholder value and its position as one of the leading groups in Malawi’s …
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Anadkat remains one of the wealthiest investors on the Malawi Stock Exchange and a prominent figure among the country’s most successful businessmen.
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This recent bump in his fortune comes after his stake in FMB Capital Holdings declined by $6 million between Feb. 1 and …
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This adds to a $6-million decrease in the value of his holding between Feb. 1 and March 9.
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Despite the recent decline in the market value of his stake, Anadkat retains his position as one of the wealthiest investors on …
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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 …
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Mpinganjira, the founder of the FDH Bank Plc, owns a 40.7-percent indirect stake in the Blantyre-based lender.
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The $20.76-million surge has solidified Anadkat’s position as one of the wealthiest investors on the Malawi Stock Exchange.