News

Econet boss Strive Masiyiwa seems to have been dabbling in politics since the formation of the Movement for Democratic Change. But it appears he got more involved when he moved to South Africa. There are 55 diplomatic cables in which his name is mentioned.

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Econet boss, Strive Masiyiwa, was one of the key shareholders pushing for an end to the Kingdom Meikles saga whose acrimonious marriage had turned messy, according to reports in May 2009.

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Econet, the country’s largest mobile phone network, was on an expansion warpath in 2008 growing its subscriber base by 40 percent and increasing market share by 30 percent to 1.2 million subscribers though revenue was down by 30 percent in the first half of the year.

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Econet’s local chief executive Douglas Mboweni had to assure United States embassy officials in Harare that the country’s biggest mobile phone network was not going to lose its licence after the state media had indicated that the network owned by Strive Masiyiwa, who also owned of the Daily News, could lose its licence.

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Associated Newspapers of Zimbabwe chairman Strive Masiyiwa was confident that his paper, the Daily News, would be back in matter of weeks.

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Exiled Zimbabwean businessman Strive Masiyiwa was reportedly wanted for questioning by the police after the closure of his paper, the Daily News, in September 2003.

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“We have a classic case here in which the prey has become the predator.” This is the opening sentence of a cable from the United States embassy in which officials were reporting about the lawsuit filed by the Associated Newspapers of Zimbabwe, publishers of the Daily News, against Information Minister Jonathan Moyo.

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South Korean construction firms, many based in South Africa, were extensively involved in construction projects with the First Lady Grace Mugabe.

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