Zimbabwean billionaire Strive Masiyiwa loses over $620 million as Econet shares slump
Masiyiwa owns a 52.85-percent stake of Econet Zimbabwe.
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Masiyiwa owns a 52.85-percent stake of Econet Zimbabwe.
The billionaire has surpassed South African mining tycoon Patrice Motsepe as the richest Black man in Southern Africa.
Meikles is a well-diversified conglomerate with holdings in hotels, retail, supermarkets, agriculture and financial services.
The billionaire owns a majority 52.85-percent stake in Econet, Zimbabwe’s largest telecom services provider.
Elizabeth Tanya Masiyiwa, an entrepreneur and philanthropist, is one of Zimbabwean billionaire Strive Masiyiwa’s six children.
Liquid Intelligent Technologies is a pan-African technology group.