Have you ever noticed that some very rich Zimbabweans are rarely in the media? One such Billionaire is Moses Chingwena who Owns Croco Holdings.
Croco whose Head Office is by 1st Floor BB House, number 125 Leopold Takawira/Samora Machel, Harare is one of the key beneficiaries of foreign currency allocation from the RBZ.
The Croco Group of Companies is made up of:
Croco Ford
Croco Nissan
Croco Toyota
Peppy Motors
Autobody Centre
Croco Properties
Premier Auto (Jaguar, Land Rover)
Puma Service Stations
Engen Fuels Zimbabwe
Selous Hotel
Hasst Zimbabwe
Dulys Trucks
Dunlop Zimbabwe
National Tyre Services
Sixt Car Rentals
Farms
Pensford Farm,
Samba Ranch
SA car hire Company with 400 cars.
Short Bio
Full Name – Moses Chingwena
Wife – Anne-Marie Chingwena
Son – Peter Chingwena
Education:
Degrees
Marketing Management
Strategic Management
MBA
Career
Former COO – Orion Insurance Company.
1997 – General Manager UDC
1998 – MD Leasing Company of Zimbabwe/Century Bank
1999 – Started Croco Motors With his wife
Controversies
Chingwena reportedly had close links with the Mujuru family
Croco Motors Bank Accounts were recently frozen by the RBZ on Suspicion of money Laundering
Chingwena was accused of working with Gideon Gono on various under hand dealings in the hyper-inflation era of 2005 – 2009
Chingwena appears to have failed to build relations with Emmerson Mnangagwa to save his loot as Zimbabwe Intelligence recently leaked a dossier on his wealth.