Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 98 for query «strive masiyiwa»

January 14, 2019 9:48 AM Masiyiwa’s fortune rises to US$2.3bn

Buffeted by plunging stock prices and weaker currencies, the number of African billionaires has shrunk to just 20, down from 23 a year ago. Four people fell off Forbes’ annual list of the continent’s richest since last year while one returned to the ranks after a four-year absence. All but four members of the list have smaller fortunes than a year ago. For the eighth 713

December 19, 2018 11:20 AM Cassava makes history. . . enters Zim market at US$3,8 billion

Cassava SmarTech Zimbabwe made history yesterday when it debuted in the market at a price of $1,50 per share, valuing the company at $3,8 billion. It immediately became Zimbabwe’s third most valuable company after Delta and Econet Wireless. By any measure this is easily the largest public listing in Zimbabwe’s history and the first listing in three years 78

December 12, 2018 9:46 AM Liquid Telecom gets $180m funding boost

Liquid Telecom received a $180 million cash injection from UK development finance institution CDC Group as Africa’s largest fibre-network operator expands broadband infrastructure across the continent. The investment will give London-based CDC a stake of almost 10 percent in Liquid, which is majority owned by Mauritius-based Econet Global. The funding 54

November 7, 2018 3:17 PM Council workers to face the music

Four Harare City Council (HCC) employees who are on suspension for allegedly inflating prices of commodities that were meant to treat cholera will face a disciplinary hearing on a date still to be advised. “The four employees mentioned in the detailed report will be advised of when they will appear before a disciplinary hearing for allegedly duping Econet 57

January 12, 2018 11:16 AM Zimbabwe gets its first billionaire

Telecom tycoon Strive Masiyiwa has become Zimbabwe’s first billionaire. According to a report by Forbes, Mr Masiyiwa, 57, is now worth $1,7 billion. Mr Masiyiwa controls Econet Group, a Zimbabwe-listed mobile phone company that also has investments in financial services, insurance, e-commerce, renewable energy, education, Coca-Cola bottling, hospitality 111

November 27, 2017 5:23 AM Econet eyes London listing

AFRICAN telecommunications group Econet is considering selling shares on the London Stock Exchange at a valuation of about $8 billion next year after combining new and existing assets, according to people familiar with the matter. That valuation would be based on an enlarged company, partly forged through the acquisition of additional African phone businesses 95

September 27, 2017 2:08 AM MultiChoice slashes subscription prices

Multichoice has slashed its bouquet prices with effect from yesterday in a development believed to have been influenced by the entry of telecoms mogul Strive Masiyiwa’s Kwese TV into the market. Over the past few months, MultiChoice Zimbabwe customers have struggled to access services, as they could not access the hard currency demanded by the service 58

September 10, 2017 2:34 PM Emmerson Mnangagwa and Robert Mugabe: Lords of the troublesome tokoloshes

Of all the things I loved about my job in Harare after the turn of the century, the people I worked with made every second at work worth it. I enjoyed the communality of fresh fellowships and ever-fresh novelty of cultural diversity. I enjoyed the togetherness that our work environment induced and appreciated the inspirational energy life in Harare emitted 77

August 30, 2017 6:02 AM Masiyiwa takes Mugabe head-on

TELECOMMUNICATIONS magnate, Strive Masiyiwa is girding for a bruising legal battle with President Robert Mugabe’s administration after a decision by the authorities to cancel Econet’s television broadcasting partner’s licence last week. The government last week withdrew the licence issued to Dr Dish, a private player, which had gone into a partnership 76

August 29, 2017 3:38 PM Kwesé TV: It’s pointless for the poor to side with either Strive Masiyiwa or the Government

There may be a thousand and one neo-liberal reasons to sympathise with one of Zimbabwe’s richest men, Strive Masiyiwa over the furore around his Kwesé TV, talk of right to property, patriotism etc. But please, job creation, labour rights, free expression, media freedom and benefits to poor Zimbabweans are not among the reasons. Let the elites (Masiyiwa 61