Sunday, March 2, 2008

Brief Background

Gilbert Muponda is a Zimbabwe born entrepreneur currently living in exile.He holds a
B.Comm finance degree, Diplomas in Corporate and Structured Finance .In 2001 Gilbert
Muponda led a team of three young professionals who had a combined experience of 15 years
in the financial services industry to set up ENG Capital (PVT) LTD. The firm was set up
to serve a niche market in provision of advisory services, asset management, corporate
finance and private equity. It started as a greenfield operation financed by the founders
. He was the first victim of the Anti-graft political campaign meant to silence and
eliminate independent businesses deemed undesirable by the Government of Zimbabwe in
2003-4. ENG was closed and its assets parcelled out to politically well connected
individuals. Below is the group which Gilbert Muponda founded in Zimbabwe.

ENG CAPITAL GROUP UNITS
- ENG CAPITAL INVESTMENTS
- ENG ASSET MANAGEMENT
- ENG REAL ESTATE
- ENG NOMINEES PVT LTD
- ENG PRIVATE EQUITY
- ENG ADVISORY SERVICES
- ENG STRUCTURED FINANCE

MAJOR ASSETS
- Century Bank Holdings ( now CFX bank)
- Leasing Company of Zimbabwe,Century Asset Managers)
- Century Discount House
- Hybri Micro-Finance Institution
- Care Insurance
- RestCel Insurance
- Amalgamated Health Services
? (Harare West Hospital )
- 15% of OK Zimbabwe Limited
- 15% of Zimplow Holdings Limited
- 20% Medtech Holdings Limited
- Hornet Re-Insurancce
- Pearl Pension Fund Management
- Real Estate including ( Belgravia House,Thaine building)

1 comment:

First officer pilot said...

It was such a well organised entity but because of some well connected politicians they brought everything to a stand still.