Billionaires Africa reports that Paddy Zhanda is now the latest Zimbabwean millionaire.
The online blog reported that Zhanda owns: Masimba Holdings, which he holds through his investment vehicle Amalgamated Ventures Limited.
Masimba Holdings, provides engineering and infrastructure solutions across various sectors, including agriculture, commercial, corporate, housing, mining, public, and water.
It operates through three segments: Masimba Construction Zimbabwe, Proplastics, and Property Development.
Zhanda’s stake in Masimba Holdings has soared by ZWL15.85 billion ($49.22 million) since the start of the year, surging from ZWL1.56 billion ($4.85 million) on Jan. 1 to ZWL17.41 billion ($54.07 million) at the time of writing.
