Econet Wireless Zimbabwe founder Strive Masiyiwa has retired from the company he started almost three decades ago to pursue new opportunities.
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Econet Group, the company founded by Zimbabwean tycoon Strive Masiyiwa, has announced the creation of a new entity that will hold many of the group’s assets.
The International Finance Corporation has partnered withLiquid Intelligent Technologies to expand data centre capacity and roll out fibre-optic cable in Africa.
Liquid Telecom, majority owned by African telecommunications tycoon Strive Masiyiwa, raised $840-million in a bond sale to refinance debt and expand further into Africa.
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.
The Zimbabwean businessman is seeking buyers for 20% to 34% of Liquid Telecommunications Holdings for as much as R10-billion, though Covid-19 is frustrating those efforts, sources say.
Zimbabwe’s president has picked a fight with the country’s most successful businessman. The economy may be the loser.
Liquid Telecom, the pan-African telecommunications operator, has reported solid full-year results, underpinned by good performances in South Africa and East Africa.
President Cyril Ramaphosa said a new continental online platform will help African countries to access critical medical supplies needed to fight the Covid-19 pandemic.