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.
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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.
Strive Masiyiwa, the Zimbabwean telecommunications tycoon, has launched an appeal for help for Sudan and Zimbabwe to fight the coronavirus outbreak.
Econet Global, owned by Zimbabwean billionaire Strive Masiyiwa, is keen to acquire a telecommunications licence in Ethiopia, which is opening up the industry to foreign investment for the first time.
Zimbabwean state doctors have found an unlikely ally in their four-month pay strike – telecommunications tycoon Strive Masiyiwa.