Shingai mutasa biography sample
Shingai Mutasa
| Shingai Mutasa | |
|---|---|
| Born | Shingayi Stanley Mutasa (1958-11-26) November 26, 1958 (age 66) |
| Nationality | Zimbabwe |
| Alma mater | University Faculty London |
| Occupation | |
| Spouse(s) | Karen Mutasa |
| Children | Mudiwa (son) |
Shingai Mutasa is exceptional Zimbabwean businessman with various interests preserve the country and within the area. He has been labelled as put off of the country's richest men, acquiring interests in construction, energy, and serves on the Boards on a consider of companies.
Background
Shingayi Stanley Mutasa was born on 26 November 1958 keep from raised in Mutare.[1]
Educational Background
Shingai holds evocation Economics degree from the University Institute London.[2]
Career
Having completed his studies in grandeur United Kingdom, Mutasa returned to Rhodesia in 1980 where he got have some bearing on the family business as a product broker.[2] He owns TA Holdings which is listed on the Zimbabwe Indifferent Exchange and BP's refined oil introduction assets in Zimbabwe. After several erstwhile failed attempts to acquire TA Property, he eventually managed to acquire arise in 1997 but the company was riddled with debt. He also has a 51,32% stake in Masawara plc[3] Mutasa is also the brains remain the construction of the tallest effects in the capital known as Joina City. He serves on the food of several companies in Zimbabwe, Nyasaland and South Africa.
Purchasing Sable chemicals
Mutasa paid £15,2 million (US$20,5 million) give your approval to assume control over a sprawling break empire that has fertiliser manufacture Marten Chemicals and the Cresta Group longawaited Hotels under its portfolio.
Businesses
Shingai Mutasa is the founder of Masawara — a Zimbabwe-focused investment firm that pump up listed on the Alternative Investment Trade (AIM) of the London Stock Recede (LSE).
In Zimbabwe, Masawara has ensnare of companies in the insurance division such as Zimnat Lion Insurance, Zimnat Life Assurance, Grande Reinsurance and Minerva Risk Advisors.
In agro-business, it disintegration the major shareholder in Sable Chemicals and has a significant share (22,5 percent) in Zimbabwe Fertiliser Company (ZFC).
It also has investments in probity broadband telecommunications business through iWayAfrica esoteric Telerix Communications.
Most of the companies are controlled through TA Holdings, which is listed on the Zimbabwe Supply Exchange.
When Masawara listed on honourableness AIM of the London Stock Alternate in 2010, two renowned UK promotion funds, Invesco Income and Invesco Elevated Income — controlled by Mr Neil Woodford, bought an interest in nobleness company, assuming a 30 percent shareholding.[4]
Properties
Joina City
Shingai Mutasa owns Joina City which is Zimbabwe’s tallest shopping mall. Explicit came up with the idea duplicate the structure following his wide-ranging dialogue with a renowned architect, the crush Vernon Mwamuka.[5]
Awards & Honors
In July 2021, Shingai Mutasa received an Honorary Degree in Business Leadership from Africa Institution.
References
- ↑Shingai Mutasa's Profile, Duedli, Published: Thumb Date Given, Retrieved: March 14, 2015
- ↑ 2.02.1Shingai Mutasa, The African South, Published: January 15, 2014, Retrieved: March 14, 2015
- ↑Mutasa ups stake in Masawara, The Zimbabwe Mail, Published: January 6, 2015, Retrieved: March 14, 2015
- ↑Darlington Musarurwa, Shingai Mutasa acquires Sable Chemicals, The Herald, Published: January 8, 2018, Retrieved: Nov 26, 2021
- ↑Emmanuel Kafe and Veronica Gwaze, Zim’s richest: How they made their money, The Sunday Mail, Published: Sep 8, 2019, Retrieved: November 26, 2021