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Farouk Ismail: $38M fortune from a failing Lobatse shop
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Farouk Ismail: $38M fortune from a failing Lobatse shop
When Farouk Essop Ismail's father arrived in Botswana from Gujarat, India, sometime in the 1960s, he did not arrive with capital or connections. He arrived in a wave of South Asian migration that washed across southern Africa in the colonial and post-colonial decades, dropping families onto the plains of Botswana, into the cane fields near Durban, into the trading towns along the Limpopo. Most of these migrants ended up labouring on the sugar ca…
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