Masiyiwa’s Econet delisting gets broker backing as ZSE valuation dispute deepens
Broker FBC Securities backs Econet’s undervaluation claim as Strive Masiyiwa’s telecom group plans a delisting and a $0.50 per share exit.
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Broker FBC Securities backs Econet’s undervaluation claim as Strive Masiyiwa’s telecom group plans a delisting and a $0.50 per share exit.
Strive Masiyiwa’s Econet is pitching a $1bn InfraCo spinout, but an analyst warns shareholders to scrutinize valuation, liquidity and payout terms.
Bondholders can’t touch Econet Zimbabwe’s cash, and now the telecom wants to leave the stock market, raising new questions about Cassava’s debts.
Masiyiwa's Econet InfraCo says an industrial park near Harare airport, backed by solar power and a data centre, could speed investment and jobs.
Econet Wireless will quit Zimbabwe’s main bourse, spin off its towers and list the assets on the VFEX as Strive Masiyiwa seeks fairer value.
Cassava raises $150 million and gains NVIDIA support to expand AI infrastructure across Africa.
Strive Masiyiwa regains $100 million in two weeks, lifting his net worth to $1.3 billion as Cassava Technologies expands its AI and data footprint.
Cassava Technologies, backed by billionaire Strive Masiyiwa, secures investment from NVIDIA to boost Africa’s digital and AI growth.
Zimbabwe’s richest man, Strive Masiyiwa’s fortune drops by $100 million as market slide trims his net worth to $1.2 billion.
Zimbabwe billionaire Strive Masiyiwa to build five AI factories in Africa within a year through Cassava Technologies.
TN CyberTech, part of Strive Masiyiwa’s Econet Global, is expanding in key diaspora hubs to capture more of Zimbabwe’s $1.5 billion remittance market.
Strive Masiyiwa’s Econet expands 5G with 60 new sites, boosting coverage, digital services, and shareholder returns in Zimbabwe.
Strive Masiyiwa regains $100 million, raising his net worth to $1.3 billion amid Africa’s first AI factory rollout with NVIDIA.
Strive Masiyiwa sells all Netflix shares as Cassava Technologies ramps up Africa’s AI push with Nvidia-powered data centers.
Strive Masiyiwa, Zimbabwe's richest man, has been gradually reducing his stake in Netflix over the past year.
The partnership marks a strategic move by Cassava to deepen its commitment to digital transformation in Africa through scalable AI solutions.