Zimbabwean billionaire Strive Masiyiwa warns young Africans against flashy living
Strive Masiyiwa has urged young Africans to stop chasing “Mbinga culture,” warning that conspicuous consumption can wreck real wealth building and children’s futures.
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Strive Masiyiwa has urged young Africans to stop chasing “Mbinga culture,” warning that conspicuous consumption can wreck real wealth building and children’s futures.
The deal covers a new fertilizer plant and a 2,000-kilometer pipeline running from Namibia’s Walvis Bay port, through Botswana, to Bulawayo, Zimbabwe’s second-largest city.
Strive Masiyiwa’s Cassava Technologies unveils Africa’s first multi-model AI platform, expanding access to advanced AI tools.
Aliko Dangote will visit Zimbabwe to close in on a $1 billion industrial complex spanning cement, coal and power after months of talks.
A leaked dossier naming Wicknell Chivayo and Kudakwashe Tagwirei has ignited calls for a forensic audit into alleged $3.2 billion state looting.
Kavango Resources raises fresh capital after Zimbabwe listing, with Kansagra family boosting its Southern Africa expansion.
Strive Masiyiwa’s Econet expands 5G with 60 new sites, boosting coverage, digital services, and shareholder returns in Zimbabwe.
His net worth has fallen to $1.2 billion, down from $1.8 billion in January, part of a steady slide since 2022, when his fortune peaked at $3 billion.
The facility, which is set to launch in South Africa by June 2025, will provide businesses, governments, and researchers with world-class AI computing capabilities.
These are the leaders defining the country’s digital future.
Strive Masiyiwa believes a stronger local investment ecosystem would create a more sustainable future for entrepreneurs across the continent.
Their influence extends across industries that define the country’s financial pulse: telecommunications, real estate, mining, energy, retail, and finance.
Innscor Africa’s $3.9 million CSR drives education, healthcare, and community growth, impacting thousands across Zimbabwe in 2024.
This investment solidifies Mangwana Capital’s pivotal role in advancing Zimbabwe's energy sector and supports Invictus Energy's growth plans.
The deal will be executed via a debt-to-asset swap, a component of Tongaat's ongoing restructuring process.
Simbisa Brands plans 31 new outlets and refurbishes 44 stores in 2025 to expand market share and enhance customer experience.