
Zimbabwean billionaire Strive Masiyiwa’s Econet to pay $18.9 million to investors
Econet Wireless to pay $18.91 million dividend, up 32.73%, as data revenue surges, reflecting a shift toward data-driven services.
Econet Wireless to pay $18.91 million dividend, up 32.73%, as data revenue surges, reflecting a shift toward data-driven services.
Strive Masiyiwa, a Zimbabwean-born billionaire, has used his wealth and influence to drive transformative philanthropic efforts across Africa, from education and healthcare to economic development and digital innovation.
The billionaire has surpassed South African mining tycoon Patrice Motsepe as the richest Black man in Southern Africa.
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.
Masiyiwa, who founded the leading telecom services provider in 1998, has exited his position on the board.
Masiyiwa is a London-based Zimbabwean billionaire businessman and philanthropist.
The publicly traded company made the disclosure in a trading update for the quarter, ending May 31.