Strive Masiyiwa plans to raise as much as $500-million to expand his digital infrastructure and services businesses.
Econet Wireless Zimbabwe founder Strive Masiyiwa has retired from the company he started almost three decades ago to pursue new opportunities.
Zimbabwe’s biggest mobile phone company has been barred by the country’s high court from sending text messages to subscribers listing daily coronavirus infections and deaths.
Netflix has appointed Zimbabwean telecommunications tycoon Strive Masiyiwa to its board, adding its first African director as it looks to new markets for future growth.
Nic Rudnick, the group CEO of Liquid Telecom, sees a future for the company beyond simply providing wholesale and retail connectivity. He wants to reimagine Liquid as a technology solutions company.
Despite the compelling value proposition that mobile money offers, the Reserve Bank of Zimbabwe recently placed significant regulatory restrictions on its operation.
Zimbabwean finance minister Mthuli Ncube doesn’t see a quick resolution to the country’s battle with its most successful company.
Econet Wireless on Monday sought a court order to suspend a police warrant seeking information on its transactions because this would violate the privacy of the company and millions of its subscribers.
Zimbabwe’s police have accused Econet Wireless, the country’s dominant mobile phone company, of money laundering, demanded a list of its subscribers and issued a search warrant against it.
Econet Wireless, Zimbabwe’s largest mobile phone operator, plans to expand its use of batteries from Tesla for its operations beyond providing backup power at base stations.