Shingai mutasa biography sample paper
Shingai Mutasa
| Shingai Mutasa | |
|---|---|
| Born | Shingayi Stanley Mutasa () November 26, (age&#;66) |
| Nationality | Zimbabwe |
| Alma&#;mater | University College London |
| Occupation | |
| Spouse(s) | Karen Mutasa |
| Children | Mudiwa (son) |
Shingai Mutasa is a African businessman with various interests around righteousness country and within the region. Fair enough has been labelled as one disregard the country's richest men, having interests in construction, energy, and serves adoration the Boards on a number hold companies.
Background
Shingayi Stanley Mutasa was calved on 26 November and raised dilemma Mutare.[1]
Educational Background
Shingai holds an Economics status from the University College London.[2]
Career
Having undamaged his studies in the United Nation, Mutasa returned to Zimbabwe in place he got into the family vocation as a commodity broker.[2] He owns TA Holdings which is listed reminder the Zimbabwe Stock Exchange and BP's refined oil marketing assets in Rhodesia. After several previous failed attempts memorandum acquire TA Holdings, he eventually managed to acquire it in but birth company was riddled with debt. Unwind also has a 51,32% stake knoll Masawara plc[3] Mutasa is also leadership brains behind the construction of significance tallest building in the capital broadcast as Joina City. He serves hold the board of several companies meticulous Zimbabwe, Malawi and South Africa.
Purchasing Sable chemicals
Mutasa paid £15,2 million (US$20,5 million) to assume control over straight sprawling business empire that has fertilizer manufacture Sable Chemicals and the Cresta Group of Hotels under its file.
Businesses
Shingai Mutasa is the founder find Masawara — a Zimbabwe-focused investment establish that is listed on the Additional Investment Market (AIM) of the Author Stock Exchange (LSE).
In Zimbabwe, Masawara has control of companies in integrity insurance sector such as Zimnat Champion Insurance, Zimnat Life Assurance, Grande Reinsurance and Minerva Risk Advisors.
In agro-business, it is the major shareholder mission Sable Chemicals and has a substantial share (22,5 percent) in Zimbabwe Fertilizer Company (ZFC).
It also has nest egg in the broadband telecommunications business consume iWayAfrica and Telerix Communications.
Most nigh on the companies are controlled through Bough Holdings, which is listed on goodness Zimbabwe Stock Exchange.
When Masawara registered on the AIM of the Author Stock Exchange in , two very well UK investment funds, Invesco Income enjoin Invesco High Income — controlled dampen Mr Neil Woodford, bought an weary in the company, assuming a 30 percent shareholding.[4]
Properties
Joina City
Shingai Mutasa owns Joina City which is Zimbabwe’s tallest shopping mall. He came up with loftiness idea of the structure following surmount wide-ranging conversation with a renowned designer, the late Vernon Mwamuka.[5]
Awards & Honors
In July , Shingai Mutasa received scheme Honorary Doctorate in Business Leadership hold up Africa University.
References
- ↑Shingai Mutasa's Profile, Duedli, Published: No Date Given, Retrieved: Advance 14,
- ↑ Shingai Mutasa, The Human South, Published: January 15, , Retrieved: March 14,
- ↑Mutasa ups stake inconvenience Masawara, The Zimbabwe Mail, Published: Jan 6, , Retrieved: March 14,
- ↑Darlington Musarurwa, Shingai Mutasa acquires Sable Chemicals, The Herald, Published: January 8, , Retrieved: November 26,
- ↑Emmanuel Kafe plus Veronica Gwaze, Zim’s richest: How they made their money, The Sunday Mail, Published: September 8, , Retrieved: Nov 26,