'I have US$ 13 Billion businesses' Masiyiwa responds to Jonathan Moyo

'I have US$ 13 Billion businesses' Masiyiwa responds to Jonathan Moyo
Published: 11 January 2019 (183 Views)
Telecommunications guru Strive Masiyiwa has responded to a jibe by exiled Former G40 Kingpin Professor Jonathan Moyo that he is a Bondnote billionaire, a reference to the local currency that is used in Zimbabwe.

In a statement issued by Econet Wireless on Friday titled Masiyiwa has started for businesses that are worth more than $13 Billion the company said:

Businessman Strive Masiyiwa has so far founded four different business that are valued at more tyhan $13 billion. Commenting on his Facebook the Econet Founder said four of his business ventures had become what are know as unicorns:

•    Econet Wireless Zimbabwe $3.2 bil
•    Cassava Zimbabwe $3.8 bil
•    Liquid Telecom $2.5 bil
•    And Aitel Nigeria, which he started is now worth over $4 bil. He sold his started. He sold his stake in the business about two years ago

Other well known businesses that he started such as Mascom Botswana and 2Degress New Zealand are also closing in on the billion dollar status. Mr Masiyiwa said all these were businesses that he started from scratch, "I promoted them to investors, and I set them up hiring their first employees."

He said he is working on developing other businesses  that he hopes one day will also reach Unicorn status.

Masiyiwa said, "Econet Zimbabwe did not succeed because we had a license. There were two other operates with licenses. Telecel had three International partners  but none of them could beat us in the market.

Read the full statement below:



- Byo24News

 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Zupco buses invade Bulawayo routes

by Staff reporter | 22 January 2019 | 65 Views

Zimbabwe seeks US$500m credit lines in Davos

by Staff reporter | 22 January 2019 | 66 Views

Chamisa's top ally remanded in custody

by Staff reporter | 22 January 2019 | 80 Views

Mnangagwa to crack the whip at Zanu-PF rivals?

by newzimbabwe | 22 January 2019 | 83 Views

Modi sets up makeshift shops in suburbs

by Staff reporter | 22 January 2019 | 64 Views

Zimbabwe chaos part of an African plot, claims Charamba

by Staff reporter | 22 January 2019 | 71 Views

Civil servants to receive a 22,7% allowance on Friday

by Staff reporter | 22 January 2019 | 59 Views

MDC activists flees Zimbabwe, holed in SA

by Staff reporter | 22 January 2019 | 61 Views

Looters stash goods in mortuary

by Staff reporter | 22 January 2019 | 60 Views

Mnangagwa 'debunks' false fuel price narrative

by Staff reporter | 22 January 2019 | 58 Views

Ramaphosa takes Zimbabwe sanctions fight to Davos

by Staff reporter | 22 January 2019 | 54 Views

The mis-narrating of Zimbabwe's opposition riots

by Editorial - The Herald | 22 January 2019 | 62 Views

PHOTOS: Zimbabwe rights abuse

by Staff reporter | 22 January 2019 | 61 Views

Mnangagwa denounces violence

by Staff reporter | 22 January 2019 | 57 Views

Grace Mugabe to lose property

by Staff reporter | 22 January 2019 | 77 Views

Hodzi appointed Prosecutor General

by Staff reporter | 22 January 2019 | 67 Views

Zimbabwe readies for new currency

by Staff reporter | 22 January 2019 | 70 Views

Man commits suicide in police station

by Staff reporter | 22 January 2019 | 56 Views

Zimbabwe demos and the double face of human rights activists

by Norman Moyo | 22 January 2019 | 59 Views

Zimbabweans living in SA 'must help resolve conflict back home'

by Staff reporter | 22 January 2019 | 80 Views

Zimbabwe troops assaulting people in Harare

by AP | 22 January 2019 | 102 Views

Mutare airport construction to start soon

by Staff reporter | 22 January 2019 | 81 Views

'Chiwenga is the problem' Lumumba tells Mnangagwa

by Mandla Ndlovu | 22 January 2019 | 124 Views

'No dialogue without workers unions'

by Ngqabutho Mabhena | 22 January 2019 | 85 Views

MDC condemns arrest of Mvurwi protestors

by Simbarashe Sithole | 22 January 2019 | 67 Views

Bond notes discontinuation claim rubbished

by Staff reporter | 22 January 2019 | 76 Views

'I will never rejoin ZANU PF' says Jonathan Moyo

by Mandla Ndlovu | 22 January 2019 | 77 Views

Beware booking Eagle Liner Coaches online

by Citizen | 22 January 2019 | 66 Views

Tendai Biti court challenge thrown out

by Staff reporter | 22 January 2019 | 74 Views

EFF salutes Mnangagwa for his national dialogue call

by Staff Reporter | 22 January 2019 | 175 Views

LISTEN: Tocky Vibes disses soldiers

by Mandla Ndlovu | 22 January 2019 | 117 Views

Kunaka arrested for treason

by Staff reporter | 22 January 2019 | 165 Views

Grace Mugabe's sons cohabit with same girl?

by Staff reporter | 22 January 2019 | 189 Views

Mnangagwa warn plotters

by Staff reporter | 22 January 2019 | 186 Views

UK to suspend aid to Zimbabwe?

by Staff reporter | 22 January 2019 | 124 Views

Parents recall children from boarding school

by Staff reporter | 22 January 2019 | 112 Views

'Dump bond notes'

by STaff reporter | 22 January 2019 | 117 Views