Chisha Folotiya

Chisha Folotiya is one of leading and pioneering businessman in Zambia.

Education

Educated in the UK, Chisha L. Folotiya graduated with a degree in Civil Engineering from Nottingham University before returning back to Zambia to head the family and its business interests at the tender age of 23, following the death of his parents.

Under his leadership, the family businesses have grown into a diverse group with interests ranging across property, hospitality, trading and education (his largest holding operates Rhodes Park School, now Zambia’s largest private school).

Career

He formed Mondo Music Corporation in 1999 as Zambia’s first professional record company, achieving great successes with a number of artists and releases that gained international recognition. He has previously been involved in radio, television and magazine publishing.

In 2007, Folotiya founded Laurence Paul Investment Services Limited, an Investment Management, and Corporate Finance Advisory firm licensed by the Securities and Exchange Commission. It operates Laurence Paul Unit Trust, which is among Zambia’s fastest growing and dynamic collective investment schemes. Having led Laurence Paul as Managing Director for its first five years, Chisha then stepped back into the role of Chairman. At the end of 2013, he sold his majority stake in Laurence Paul.

His main focus is now the overall strategic management and direction of the Rhodes Park Group of companies, especially as the education holdings go through a period of accelerated growth with the creation and development of EduCorp, its new schools and the planned future listing on the Lusaka Securities Exchange (LuSE).