Thom Mpinganjira’s FDH Bank stake has surged by $32.41 million since July 1, boosting his wealth significantly.
Thom Mpinganjira
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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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Mpinganjira, the founder of the FDH Bank Plc, owns a 40.7-percent indirect stake in the Blantyre-based lender.
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Mpinganjira, founder of the FDH Bank, owns a 40.7-percent indirect stake in the Blantyre-based lender.
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Mpinganjira shared the personal motivation behind this ambitious healthcare initiative.
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Mpinganjira’s stake in the bank solidifies his position as one of the wealthiest individuals in Malawi and across Southern Africa.
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Mpinganjira was sentenced to nine years in jail last year for attempting to bribe judges overseeing the 2019 presidential election.