He added that you survive best when people know nothing about you. [2] He is a cousin of President Robert Mugabe. If something is missing, please check back soon or let us know. thesouthafrican.com is a division of Blue Sky Publications Ltd. Reproduction without permission prohibited. Rautenbach is reportedly close to a number of Zanu-PF heavyweights, including Legal and Parliamentary Affairs Minister Emmerson Mnangagwa. on top of the pile is telecommunications guru mr strive masiyiwa, followed by business magnate mr philip chiyangwa, mr shingai mutasa, mr moses chingwena and televangelist prophet emmanuel makandiwa. Zimbabwe’s Richest Man: Strive Masiyiwa It is also claimed that the first top ten he is the founder and executive chairman of the telecommunications, technology and renewable […]. His company has been involved in a few high-profile takeovers, the most famous being G&D Shoes which he tried, with success to save from liquidation. She has built the $13 million company to become the country’s most respected and sought after player in the security industry. While it is expected that entrepreneurs always head the list, there are some politicians, top civil servants and public company CEOs who seem to be enjoying the high life. TA Holdings is a diversified group listed on the Zimbabwe Stock Exchange with a current net value of over US$100 million. He is the founder of Econet Wireless Zimbabwe, which is under the Econet Group headquarters in Johannesburg, South Africa, and registered in Mauritius. Chiyangwa recently made headlines when his wife of 25 years filed for divorce and demanded a significant share of his wealth valued at US$288 million (£180 million). “My vision is like a rock, it’s unshakable. One pointed out that the country had been ranked 170 out of 189 in the World Bank’s assessment in 2014, Ease of Doing Business. His mother was from the Guta raJehovah City of the Lord sect. Leading telecommunications mogul Strive Masiyiwa has been noticed on a global scale as one of the richest men in Africa with a net worth of over US$800 million. WHY I WOULD’NT WANT MY SONS TO MARRY A COLOURED WOMAN! In the November 2000, publication The History of the British South Africa Police, Chiyangwa was featured in a photograph taken at the time of the election lying prone with a police-issued FN, chatting to a senior, white BSAP officer. TA Holdings’ Shingai Mutasa also has another interesting tale of triumph. Divine Ndhlukula, a Zimbabwean national, is the founder and Managing Director of SECURICO, one of Zimbabwe’s largest security companies. Born in 1959, he has been involved in numerous business ventures ranging from trucking, car manufacturing and farming to mining in numerous African countries. Chiyangwa is the proprietor of Native Africa Investments Ltd. based in Harare. He returned to worked for newly independent Zimbabwe’s state telecom company before starting Econet in the 1990s. among the list, the only recognized person is strive masiya who has a net worth of $1.9 billion. Efforts to get a comment from Mutasa were fruitless as his mobile ran unanswered yesterday. As a member of the BSAP African Reserve and served for several months in the lead-up, during and post the March 1980 election. He co-founded Venture Finance, an investment vehicle that bought into TA Holdings with the objective of turning it into a continental investment group. A local firm X Research and Intelligence has released a list of Zimbabwe’s Top 50 richest personalities. On top of the pile is telecommunications guru Mr Strive Masiyiwa, followed by business magnate Mr Philip Chiyangwa, Mr Shingai Mutasa, Mr Moses Chingwena and … Billy Rautenbach is a controversial and wealthy Zimbabwean businessman. On top of the pile is telecommunication guru Mr Strive Masiyiwa, followed by business magnate Mr Philip Chiyanhwa, Mr Shingai Mutasa, Mr Moses Chigwena and Televangelist Prophet Emmanauel Makandiwa. He is the richest in Zimbabwean and among the richest in Africa. TheSouthAfrican.com is all about South Africa and the stories that affect South Africans, wherever they are in the world. Elizabeth Chiyangwa sought 85 per cent of her husband’s assets and maintenance of £53,000 a month for 10 years. Shingai Mutasa. The companies are operating in the Netherlands, Germany, South Africa, Zimbabwe, Mexico, Dubai, and Canada. Complete The South African's latest reader survey by 31 March 2021 and win R6000 in cash. The photo was, in fact, taken from the BSAP’s magazine Outpost archives in the early 1980s, to be used at a later date for the-then unplanned history. Razemba, however admits that he is a multi-millionaire and has plans of creating one of the biggest stockbroking firms in Southern Africa and also open a commercial bank. He is a founder member of the Affirmative Action Group (AAG). 214 of the 234 girls rescued in #Nigeria from Boko Haram are pregnant, Donald Trump Jr.’s kills an African elephant and cuts off the tail to show off, Why you Must Not Marry Any Zimbabwe Woman Who is Older Than 25, “I am sick and tired of Zimbabwe, and I am leaving this hell hole of a country”, Donald Trump “I will lock #Zimbabwe president Robert Mugabe in prison if I become US President”. He was also publisher of the Daily News, Zimbabwe’s only independent daily newspaper, which was closed down in 2003. Prominent and not necessarily the richest, Divine Ndhlukula of Securico, reportedly collects annual revenue of US13 million with a staff complement of 3 400. Hoe now owns TA Holdings, a diversified group listed on the Zimbabwe Stock Exchange, and BP’s refined oil marketing assets in Zimbabwe. Shingai Mutasa- $142 million He is a businessman with various interests around the country and within the region. Shingai Stanley Mutasa is Chairman at FMI Holdings, Inc., Chairman for Sable Chemical Industries Ltd., Non-Executive Chairman at Minerva Risk Advisors Pvt … His listed assets are said to include a Rolls Royce Phantom worth US$475 000, a Bentley (US$350 000), a Mercedes-Benz GLS (US$300 000), shareholding in 39 companies and interests in over 100 properties. Philip Chiyangwa (born 1959) the founder of the Affirmative Action Group, a chair of Native Africa Investments Ltd.,[1] and has served as an MP for the ZANU-PF party inZimbabwe. Higher Life Foundation, which provides scholarships to orphans, including those whose parents have died of AIDS. Do you need to be paranoid to be a Zimbabwean millionaire? Takudzwa Razemba (only in his mid 20s) is the founder of Orbz Corporation, Holden International and Hainz Group, a diversified group with over £82 billion market capitalisation. Have we missed anyone out? He returned to worked for newly independent Zimbabwe’s state telecom company before starting Econet in the 1990s. In less than 15 years of doing business, SECURICO has achieved a number of significant feats: The $13 million (revenues) company now has more than 3,400 employees – 900 of whom are women. Mutasa returned to Zimbabwe in 1980 after completing an Economics degree at University College London and commenced a career in commodity trading and marketing through a family-owned company. The list goes on Zed Kuodounaris, co-founder of Innscor Africa Limited, has shares in companies like Padenga, Colcom, Axia Holdings, Simbisa Brands and National Foods. he is the founder and executive chairman of the telecommunications, technology and renewable […]. This includes a base salary of R8.4m ($772,735), benefits of R1.678m and a bonus of R13.45m. A graduate of the University College London with a BSc (Econs) Hons degree in 1980, Mutasa returned to Zimbabwe after completing his studies and commenced upon a career in commodity trading and marketing through a family-owned company. Dabengwa holds a B.Sc. Mr. R. Sifiso N. Dabengwa, BB.Sc. It ranked him as number 43rd richest person on the continent. Van Hoogstraten became involved in Zimbabwe when, aged 19, he bought an estate that turned out to include valuable mining rights. He is the brains behind the country’s tallest shopping mall, Joina City Centre, which is situated in the capital Harare. While Prophet Makandiwa’s net worth has not been publicly declared, it is believed to run into millions of United States dollars. However we’ve searched high and low to bring you a list, as accurate as possible, of ten of the richest business leaders* born or resident in Zimbabwe. Shingai (or Shingi) Mutasa, who was born and grew up in the eastern border town of Mutare, has a net worth of at least US$142 million. Zimbabweans making waves in the region include MTN group chief executive and president Sifiso Dabengwa. Guti owns seven biblical colleges, a hospital and a university. in Electrical Engineering from the University of Zimbabwe and an MBA from Wits University. He serves as a Director of MTN Nigeria Communications Limited. ... Mataranyika has an estimated net worth of US$160 million. Chiyangwa boasts several personal valuable assets and estimates his wealth at around US$30 million. This site uses Akismet to reduce spam. According to the source, Government has not fully committed to the offer from Surface, which is not seeking total control of the shares but is targeting a 50% stake. Shingai Mutasa TA Holdings' Shingai Mutasa also has another interesting tale of triumph. Beyond telecoms, Masiyiwa’s business activities include operations and investments in some of Africa’s leading businesses in financial services, insurance, renewable energy, bottling for Coca-Cola, hotel and safari lodges. Guvamatanga grew up in Kambuzuma, Harare. However, the actual value is unknown because of the secrecy surrounding his investments. While Prophet Makandiwa’s net worth has not been publicly declared, it is believed to run into millions of United States dollars. Mutasa is the majority shareholder in Masawara Limited. among the list, the only recognized person is strive masiya who has a net worth of $1.9 billion. His ventures are estimated to have a net worth of over US$270 million. Shingai Mutasa, Fifth on the list with a net worth of $142 million Shingai Mutasa or Shingi Mutasa owns TA Holdings and is the big brains behind the Joina Centre (one of the modern office buildings in Harare metropolitan area). Address: Regus Business Centre Also featured sometimes as one of the top richest people in Zimbabwe is Shingai Mutasa, his net worth is $142 million. He served as an Independent Non-Executive Director of Impala Platinum Holdings Ltd. from January 1, 2004 to November 10, 2004. He previously served as Head of Treasury of the Company between 2004 and January 1, 2008. Labelled as one of the richest men in the country, he has interests in construction, energy and he also serves on the Boards of a number of companies. But will we ever be able to know who really the richest person in Zimbabwe is? 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He read economics and he is involved in commodity trading as well as the marketing of … His major achievements have been to maintain and improve the MTN’s group’s market position, despite increased competition and demand for resources. It lost $30m (£17.81m) in 2013, after a profit of $3m (£1.78m) in 2012, and is now technically insolvent, raising fears of thousands of job losses. Shingai Shoniwa Net Worth. He has been Managing Director and Executive Director of Barclays Bank of Zimbabwe Ltd since January 2008. With his wife, Tsitsi, Masiyiwa runs the Higher Life Foundation, which provides scholarships to orphans, including those whose parents have died of AIDS. But most are not willing to explain their expensive cars, holidays abroad, spoiled brats who reportedly go through pocket allowances of US$20 000 monthly and other expensive tastes. Among some of his listed assets are a Rolls Royce Phantom worth US$475 000, a Bentley (US$350 000), a Mercedes-Benz GLS (US$300 000) substantial shareholding in 39 companies and interests in over 100 properties. ), MBA, EDP has been the Chief Executive Officer and President of MTN Group Ltd. since March 31, 2011. In 1996 he proposed the indigenisation of Zimbabwe through the removal of white farmers from the country threatening “Rwanda” if they didn’t choose to leave.[3]. He seems to be another publicity-shy fellow with his net worth of US$142 million believed to be understated. The company was also the first security outfit in Zimbabwe to achieve an ISO (International Organization for Standardisation) certification. Dabengwa ended the 2012/13 financial year R23.5m richer. Shingai (or Shingi) Mutasa, who was born and grew up in the eastern border town of Mutare, has a net worth of at least US$142 million. Shingai Tanaka Net Worth. At Eskom, he was also responsible for the planning and implementation of the national electrification programme, one of the most successful projects of the Reconstruction and Development Plan. Shingai Mutasa Net worth $142 million Shingai (or Shingi) Mutasa, who was born and grew up in the eastern border town of Mutare, has a net worth of at least US$142 million. Mining and transport mogul Billy Rautenbach (US$568 million), whose empire spans across several African countries, is another wealthy Zimbabwean. Shingai Age, Height & Weight. A local firm X Research and Intelligence has released a list of Zimbabwe's Top 50 richest personalities. All Rights Reserved. Then there are the party animals like Wicknell Chivhayo and Genius Kadungure, who are known for hosting mammoth social events but do not seem to feature at the top of any formal profile of Zimbabwe’s rich people. The businessman has a 30% stake in the Hwange Colliery Company, the Mail & Guardian said, but is alarmed over its declining fortunes. Currently We don’t have enough information about his family, relationships,childhood etc. He served as Group Chief Operating Officer of MTN Group Ltd. until November 2004. In 2004–05 he was arrested and detained for several months by Mugabe’s notorious CIO after being accused of passing state secrets to South Africa agents. He is a close associate of President Robert Mugabe, whom he describes as “100 per cent decent and incorruptible”. He is the brains behind the country’s tallest shopping mall, Joina City Centre, which is situated in the capital Harare. He now lives on his huge ranch called Central Estates, where he keeps vast cattle herds and thousands of acres of crops. But today, the challenges we have are of a country lacking a vision,” he said. His young brothers James (Jimalo), Josphat and Mophat went to Pfupajena school. He previously served as an Executive Head of Engineering & Projects at Anglo American Platinum Limited from November 16, 2009 to December 2012. There is no official list of Zimbabwe’s richest men and women such as the one compiled by The Times and Forbes leaving the standings highly speculative. He is Member of the Company’s Credit, and Human Resources and Nominations Committees. Rautenbach’s company Green Fuel is currently building an ethanol plant that will enable Zimbabwe, which has no oilfields, to produce its own fuel and reduce its fuel import bill. TA Holdings’ Shingai Mutasa also has another interesting tale of triumph. He was also responsible for the 1998 visit to Zimbabwe by singer Michael Jackson and after announcing to National media that he would be working with the singer on various business projects. Mr. Dabengwa served as Managing Director of MTN SA of MTN Group Ltd. Mr. Dabengwa served as Chief Operating Officer-South Africa of MTN Nigeria Communications Ltd. He once said in an interview: “My success hinges on four words – name, value, integrity and vision.” How insightful! Top 50 richest men in zimbabwe according to the zimbabwean sunday mail, these are the list of the top 50 richest people in zimbabwe. In July 2013 he was appointed Chief Executive Officer of Lonmin plc, the world’s third largest platinum producer and owner of the Marikana Mine where police shot dead 34 protesting workers in August 2012. Mr. Dabengwa has been an Executive Director of MTN Group Ltd. since October 1, 2001. Also known as Muller Conrad Rautenbach, controversial mining and transport mogul Billy Rautenbach (US$568 million) was born in Harare in 1959. He serves as a Non-Executive Director of Peermont Global Limited. His empire is valued at over US$780 million according to a list compiled by Zimdev. He is now worth over US$2,2 billion, thereby becoming one of the richest people in Africa. Had we included politicians, Robert Mugabe would have been top of the list. But that is not to say that none of them are very rich. Join Facebook to connect with Shingi Mutasa and others you may know. Shingai Mutasa or Shingi Mutasa owns TA Holdings and is the big brains behind the Joina Centre (one of themodern office buildings in Harare metropolitan area). Copyright © Blue Sky Publications Ltd. All Rights Reserved. Some female politicians and women have also claimed their stake with many quietly building empires. Enter the survey competition, Drug bust: K9 service dog sniffs out crystal meth worth R6.5 million [photos], Williams and Tiripano keep Zimbabwe hopes of Test series victory alive, Nedbank Cup quarter-finals | Fixtures, results, kick-off times: 13-14 March 2021, ‘Percy Tau won’t let us down’ says Brighton boss Potter, EXCLUSIVE: Siphelele Ntshangase asked for his Kaizer Chiefs release. He allegedly received severe beatings and torture and suffered a mild stroke, and has subsequently moved away from politics and is now concentrating on his growing empire. With a mining career that spans 26 years, Magara was previously the Chief Executive Officer of Anglo Coal South Africa responsible for Anglo American total coal business in South Africa and revenues of around USD $2 billion. Divine Ndhlukula is the founder and managing director of DDNS Security Operations, the holding company for Securico Security Services; Canine Dog Services and Multi-link P/L, an electronic security systems company. Or will it remain a subject for speculation as the big fish appear determined to swim in the darkest depths?There are stories of politicians who practically own some towns and church leaders who have gobbled up choice real estate in the best parts of Harare. Bloomberg estimates his salary at £703,167 ($1.15 million). Real wealth, as they say, speaks for itself and the real men and women of substance seem content to live their lives in quiet splendour behind their high mansion walls. Prior to MTN, he served several years at Eskom, where as a Member of Eskom’s Management Board, where Mr. Dabengwa was responsible for all of its distribution operations, including sales, customer service, marketing, engineering and technology. After Masiyiwa, little known entrepreneur Takudzwa Razemba (in his early 20s) of Orbz Investment Corporation seems to be the next rich person in the country. he started his mobile phone network econet wireless zimbabwe in his country of birth in 1998. masiyiwa owns just over 50% of the publicly traded econet wireless zimbabwe, which is one part of his larger econet group. Estimated Net Worth in 2019: $100K-$1M (Approx.) He went to St. Francis school. A culture of secrecy tantamount to the culture of Swiss Banks prevails among business people who refuse to divulge their investment interests. Currently We don’t have enough information about his family, relationships,childhood etc. His mother was an entrepreneur involved in the informal economy in what was then called Southern Rhodesia; she made enough money to send Masiyiwa to secondary school in Scotland and then the University of Wales, where he studied electrical engineering. His annual salary of R22,5 million makes him one of the most influential business executives on the continent. Recently appointed as the Chief Executive Officer and as a Director of Lonmin, the world’s third-largest platinum mining company, Magara is tasked with improving industrial relations and guiding the platinum miner’s turnaround strategy after strikes last year triggered violence which killed 46 people including 34 strikers shot dead by police in a single day at its Marikana mine. in Electrical Engineering, MBA and EDP. He was also publisher of the Daily News, Zimbabwe’s only independent daily newspaper, which was closed down in 2003. In July 2013 he was named the highest paid CEO in the South African telecoms and technology sector, according to MyBroadband. South Africa– Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican Number: 2005/028472/07. On top of the pile is telecommunications guru Mr Strive Masiyiwa, followed by business magnate Mr Philip Chiyangwa, Mr Shingai Mutasa, Mr Moses Chingwena and Televangelist Prophet Emmanuel Makandiwa. Moses Chingwena Shingai body measurements, Height and Weight are not Known yet but we will update soon. 'Shingai' comes from the Shona language and means 'be strong'. The Harare-based outfit is a market leader in the provision of bespoke guarding services and cutting-edge electronic security solutions. He is the brains behind the country’s tallest shopping mall, Joina City Centre, which is situated in the capital Harare. 1st Floor, Block B, North Park, Black River Park, 2 Fir Street, Observatory, Cape Town, 7925, South Africa He was responsible to develop and implement strategic direction, ensure profitable growth and meet required performance targets. After working at Anglo American’s Hwange Colliery, he was transferred to South Africa in 1994. The lead singer of the Noisettes, an UK indie rock band, is called Shingai Shoniwa. Businessman and politician Philip Chiyangwa refuses to be outdone and was recently in the newspapers when his wife of 25 years filed for divorce and demanded a significant share of his wealth valued at US$288 million. Mugabe’s riches are rumoured to exceed US$1 billion, the majority of which are likely invested outside Zimbabwe. Linked companies : Africa Opportunity Fund Limited - TA Holdings Ltd. Summary. Another rising entrepreneur dodging the limelight is Moses Chingwena of Croco Motors, Duly’s, Premier Auto Services and Kia legacy who seems to have been steadily climbing the Zim richest ladder without incident. Our offices are for administrative purposes only, no visitors will be accepted without an appointment. We concede that obtaining up-to-date figures on the net worth and salaries of individuals is a tricky task. She started off with four employees and the company has now grown to over 3500 employees. Ndhlukula founded Securico from humble beginnings in 1999 in her backyard cottage. “I don’t want to be in the limelight, the media destroys people’s lives especially when you are a public figure.”. Businessman and politician Philip Chiyangwa (born 1959) is the founder of the Affirmative Action Group, a chair of Native Africa Investments Ltd and has served as a Zanu-PF MP. Bennetor (Ben) Magara has 22 years’ experience in the mining industry. In the 1990s, he expanded his family business, Wheels of Africa (WOA), into arguably the largest trucking company in Africa, before turning to car assembly. By Bulawayo Bureau ARMED robbers raided two service stations in Bulawayo this week and at …. South Africa’s top 10 richest people of 2013, The top 10 richest South African women of 2013, The top 10 highest-paid South African sportsmen of 2013. Mr. George T. Guvamatanga has been Managing Director and Executive Director of Barclays Bank of Zimbabwe Ltd since January 1, 2008. Mr. Dabengwa served as Chief Operating Officer of MTN Group Ltd. until March 31, 2011. But if you do something well, people will notice and they will talk about your excellence and naturally your success will serve as an inspiration to many. There are no ready indications of her net worth. Published: 08 January 2018 Zimbabwean tycoon Mr Shingai Mutasa has shelled out £15,2 million (US$20,5 million) to assume control over a sprawling business empire that has fertiliser manufacture Sable Chemicals and the Cresta Group of Hotels under its portfolio. Ndhlukula has done remarkably well. https://nehandaradio.com/2015/05/24/top-50-richest-people-in-zimbabwe Magara, who speaks seven languages, has a degree in Mining Engineering from the University of Zimbabwe. That includes publicly-traded Econet Wireless Zimbabwe, as well as a partnership with African telecom behemoth MTN in Botswana, and Liquid Telecom, which built Africa’s largest fiber optic cable network. We will update soon. TA Holdings is a diversified group listed on the ZimbabweStock Exchange with a current net value of over US$100 million. He is a cousin of Robert Mugabe. Mutasa’s strategic acquisitions strategy propelled him from mere commodity broker to one of the country’s richest men. A local firm x research and intelligence has released a list of zimbabwe’s top 50 richest personalities. Last year, Forbes estimated that his net worth could be more than US$600 million. According to the report, he took home R22.528m in the previous financial year. Some of his outfits are listed on the FTSE and the London Stock Exchange. Shingai Stanley Mutasa. Shingai Shoniwa’s net worth for 2021, estimated earnings, and income is currently under review. Telecommunications mogul Strive Masiyiwa is widely regarded as the richest man in Zimbabwe and is one of the richest men in Africa with a net worth of more than US$800 million. His empire is valued at more than US$780 million. According to wikiurls.com, a local firm in research and intelligence released a list of Zimbabwe’s Top 50 richest personalities. His counterpart, Ben Magara, the CEO of Anglo Coal South Africa, is also another leading light for Zimbabwe but again, his net worth is not known. Shingai is the band's bassist as well. Last December the company was the winner of the prestigious Legatum Africa Awards for Entrepreneurship. He worked for Chakari Mine before he was called up as a member of the BSAP African Reserve. This function has been disabled for Zimbabwe Today. Judging people by the car they drive, the house they live in or the properties they claim to own seems a chancy yardstick in this debt-ridden world. Raymond Sifiso Ndlovu Dabengwa was appointed chief executive officer and president of MTN, Africa’s largest mobile operator, in March 2011. He also has interests in numerous other undertakings and counters on the Zimbabwe Stock Exchange. A copy was leaked to Zimbabwe’s independent press bringing a vehement denial by Chiyangwa who offered a substantial reward for information as to (the photo’s) source. Philip Chiyangwa He is widely regarded as the richest man in Zimbabwe. He served as Chief Executive Officer of -MTN Nigeria Communications Ltd. since November 1, 2004 and also served as its Managing Director. Estimated Net Worth in 2019: $100K-$1M (Approx.) Philip Chiyangwa grew up in Hartley town, some 100 km south of Harare. This post is often updated with new information on Shingai Shoniwa’s estimated income, salary and earnings. Telecom mogul Strive Masiyiwa founded Econet Wireless, a family of communications companies with operations in Africa, Europe, South America and East Asia. Everyone knows that there are people who are filthy rich in this country. Strive masiyiwa is the richest man in zimbabwe and the 19th richest billionaire in africa with a net worth of $1.1 billion. (Elect. British businessman Nicholas Van Hoogstraten has shareholding in Econet, RTG, investments in the tourism, mining and property sectors and other investments in Britain worth over £293 million. His current net worth is US$2.2 billion. Before he was 40, Rautenbach’s business empire had spread to more than a dozen African countries even as far afield as Australia and Europe earning him the nickname “Napoleon of Africa”. Top 50 richest men in zimbabwe according to the zimbabwean sunday mail, these are the list of the top 50 richest people in zimbabwe. His relationship with the authorities has not always been smooth – in 2008 he was arrested on charges of breaking currency exchange laws and possessing pornography – but last year the UK’s Daily Mail reported that he is “flourishing” and owns 1,600 square miles of prime land. Let us know by commenting below. In 1998, he was appointed chair and managing director of Gecamines, a state-owned mining company in the Democratic Republic of Congo (DRC), © Copyright 2021, Zimbabwe Today is not responsible for the content of external sites.
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