Prime Minister Morgan Tsvangirai’s Movement for Democratic Change yesterday threatened to use other means to raise money to pay civil servants if its rival Zimbabwe African National Union-Patriotic Front continued to block its proposals to raise the money from within the state sector.
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Johane Sango was one of the people who moved with Masiyiwa from Retrofit to Econet. Masiyiwa had paid for him to complete his high school, and he had joined Retrofit immediately thereafter in 1992. He recalls the difficult initial period.
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Diamonds in Marange were discovered by De Beers Zimbabwe in 2002 and not by African Consolidated Resources in 2006 as is now widely reported.
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Econet is now the country’s largest mobile phone service provider in Zimbabwe. Its founder Strive Masiyiwa had to go through a lot to establish the network. Here is the second part of this story.
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South Africa is not likely to follow the path of Zimbabwe but the economic meltdown and rising unemployment could fuel support for populist policies, an analyst for a London bank said two years ago according to a diplomatic cable released by Wikileaks.
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This case study documents the story of Zimbabwean entrepreneur Strive Masiyiwa in his quest to obtain a mobile telecommunications license. First the Post and Telecommunications Corporation of Zimbabwe (PTC) and then the Ministry of Information, Post and Telecommunications of the government of President Robert Mugabe place obstacle after obstacle in his path, but Masiyiwa challenges their decisions and actions in the High Court and the Supreme Court. Throughout this five year process (1993-1998), he remains determined to obtain the licence through ethical means. A number of individuals and organisations impressed by his values come to his help and this assistance, along with the independence of the Judiciary, is instrumental in his firm being given the licence in July 1998. The case represents an in-depth study of a successful example of resistance to political corruption.
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