Zimbabwean businessman Zinona Koudounaris loses over $53 million in 18 weeks from stake in Axia Corp
Koudounaris still ranks as one of the richest investors on the Zimbabwe Stock Exchange.
Koudounaris still ranks as one of the richest investors on the Zimbabwe Stock Exchange.
Masimba Holdings is a well-established Zimbabwean group.
Koudounaris, a multimillionaire serial investor and one of Zimbabwe’s richest men, owns a 20.9-percent stake in Axia Corp.
Koudounaris holds a governance role in Axia and controls a 20.86-percent stake in the Zimbabwe-based firm.
Axia Corp is a Zimbabwe-based specialty retail and distribution business.