Investment Diaries With Dr Nigel Chanakira - Part 1: Worst investment decision in Zimbabwean history?
Zimbabwean economist turned banker, entrepreneur and investor Dr Nigel Chanakira shares his fascinating personal and professional origin story and unpacks why he may well hold the record for making the worst investment decision in Zimbabwean corporate history.
Subscribe on iTunes | Subscribe on Spotify
This podcast is the first instalment of a two-part conversation Andile Masuku had with one of Zimbabwe’s most well-known and widely-respected business people, the economist turned banker, entrepreneur and investor, Dr Nigel Chanakira. Dr Chanakira is probably most famous for founding Kingdom Financial Holdings Limited in 1997, and for orchestrating that company’s much-publicized merger and demerger with the Meikles Africa group before eventually selling out to the Mauritius-based AfrAsia Holdings in 2013.
Prior to founding Kingdom Financial Holdings, Dr Chanakira spent long stints working for the Reserve Bank of Zimbabwe and Bard Discount House. Over the years, he has sat on the boards of numerous leading companies and institutions, including Econet Wireless Holdings, Success Motivation Institute (Africa), the Christian Community Trust and Kingdom Meikles Africa.
Listen in to hear Dr Chanakira's fascinating personal and professional origin story. And heads up, this episode features an intriguing anecdote about role he played in setting up Econet founder Strive Masiyiwa to become one of Zimbabwe’s most prolific entrepreneurial successes to date, and how he may have simultaneously made the poorest investment decision of his career.
Image credit: M.B.M.