'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 (214 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

Chivayo to start work on Gwanda solar project

by ZimLive | 23 March 2019 | 3 Views

Zimra official mauled by dogs at Chinese factory

by Staff reporter | 23 March 2019 | 3 Views

39 school kids feared dead

by Staff reporter | 23 March 2019 | 1 Views

BCC insists on forex for stands

by Staff reporter | 23 March 2019 | 1 Views

ED is not the only Mnangagwa: Jonasi

by Staff reporter | 23 March 2019 | 1 Views

Supa Mandiwanzira's passport return bid deferred

by Staff reporter | 23 March 2019 | 1 Views

Ivy Kombo back in Zimbabwe

by Staff reporter | 23 March 2019 | 2 Views

Even politicians will not divide us

by Editorial - Daily News | 23 March 2019 | 2 Views

Mnangagwa moves to checkmate his rivals

by Staff reporter | 23 March 2019 | 2 Views

Musona fit for crucial AFCON encounter

by Staff reporter | 23 March 2019 | 2 Views

NetOne moves in to restore communications services

by Staff reporter | 23 March 2019 | 3 Views

Mnangagwa returns from Angola

by Staff reporter | 23 March 2019 | 2 Views

Mwonzora checkmates Chamisa

by Staff reporter | 23 March 2019 | 3 Views

When seers failed to see the Ides of March

by Bishop Lazi | 23 March 2019 | 3 Views

Zimbabwe's first black woman to get driver’s licence

by Staff reporter | 23 March 2019 | 4 Views

Zimbabwe begins regional power exports

by Staff reporter | 23 March 2019 | 4 Views

Cop steals car at police station

by Staff reporter | 23 March 2019 | 4 Views

Government starts fuel bonuses

by Staff reporter | 23 March 2019 | 2 Views

Zimbabwe marriage age of consent raised

by Staff reporter | 23 March 2019 | 2 Views

Mnangagwa is a listening President: Jenni Williams

by Staff reporter | 23 March 2019 | 2 Views

Cattle rustlers wreak havoc in Mat South

by Staff reporter | 23 March 2019 | 2 Views

Zesa to hike electricity tariffs in line with interbank rates

by newzimbabwe | 23 March 2019 | 136 Views

2 failed marriages, a broken past define Mukanya

by STaff reporter | 23 March 2019 | 195 Views

Spanking ban: Where to now?

by Staff reporter | 23 March 2019 | 111 Views

Search on for missing persons

by Staff reporter | 23 March 2019 | 142 Views

Beira-Harare fuel pipeline to reopen next month

by Staff reporter | 23 March 2019 | 109 Views

Hwende application dismissed

by Staff reporter | 23 March 2019 | 80 Views

Beitbridge modernisation to boost town's economy

by Staff reporter | 23 March 2019 | 95 Views

Govt dismisses cyclone rip-off

by Staff reporter | 23 March 2019 | 93 Views

Zanu-PF members urged to show loyalty to party

by Staff reporter | 23 March 2019 | 93 Views

Natpharm to fast-track drugs procurement

by Staff reporter | 23 March 2019 | 41 Views

Ex-Delta manager acquitted

by Staff reporter | 23 March 2019 | 81 Views

Harare resident sues council over parcelling of stands in wetlands

by Staff reporter | 23 March 2019 | 97 Views

Darikwa persuading Bonne

by Staff reporter | 23 March 2019 | 128 Views

Manager moans over US$50K adultery damages

by Staff reporter | 23 March 2019 | 83 Views

Cyclone Idiai deaths shoot to 259 in Zimbabwe

by Staff reporter | 23 March 2019 | 99 Views