Malawi’s richest man Hitesh Anadkat loses $171 million from FMB Capital stake

Billionaires Africa | 08.12.2025 20:33
Hitesh Anadkat, Malawi’s richest man and one of East Africa’s most influential banking figures, has suffered a sharp drop in the value of his holding in FMB Capital Holdings Plc as the lender’s shares continue to retreat on the Malawi Stock Exchange.