Mnangagwa gets backing from Zimbabwe’s richest man- video


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President Emmerson Mnangagwa has received backing from Zimbabwe’s richest man, Econet boss Strive Masiyiwa.

Masiyiwa, who said he has so far invested $1.5 billion into the country and remains committed to continue doing so, said he believed that the change currently taking place in Zimbabwe is real.

“I believe President Mnangagwa is sincere in the things he wants to do,” Masiyiwa told CNBC. “It is going to be extremely challenging. Anyone who understands economics knows it’s gonna be tough going. But I think Zimbabwe needs to be given a chance….

“We gonna stop the politicking and focus on rebuilding this country and I am right up there.”

Econet is now the biggest company on the Zimbabwe Stock Exchange in terms of market capitalisation.

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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