RBZ Governor Called Me When The Country Was Facing Food Shortages: Strive Masiyiwa

 

Businessman and founder of Econet Wireless Zimbabwe, Strive Masiyiwa has revealed that he bailed out the country when the government was faced with food shortages and had no money. Speaking to CNBC Africa’s Wole Famurewa in Abuja, Masiyiwa also praised the Afreximbank saying,

On one occasion, the governor of the central bank called me that he had a maize shipment and had no money. They issued me an instrument called diaspora bond and the people that helped me to pay the shipment of maize was Afreximbank. When sanctions hit the country, every credit line disappeared. You could not talk to anyone, they were shutting down. For us as a business, there was one institution that remained and it was Afreximbank.

More: The Standard

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