According to Forbes, Strive Masiyiwa who is the founder of the Econet Group is now worth US$1,7 billion making him Zimbabwe’s first billionaire,
The Econet Group has investments in financial services, insurance, e-commerce, renewable energy, education, Coca-Cola bottling, hospitality and payment gateway solutions. Econet also has a Pay television, Kwesé TV, which is already competing favorably across Africa with Naspers’ DSTV. Shares in Econet have surged in value over the past year. In July last year, Liquid Telecom, a subsidiary of Econet Group successfully raised $700 million in a bond and term loan financing package from international financiers.
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