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*Strive Masiyiwa Buys Back Mascom Botswana For $300 Million* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?dr Zimbabwean-born billionaire Strive Masiyiwa has bought back Mascom Botswana from MTN for US$300 million, 14 years after losing control of the telecoms giant. MTN issued a statement on Thursday where it announced its intention to sell its 53% share in Mascom. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > Pursuant to this, it announced that it would be disposing of its associate in Botswana, Mascom, for $300 million where its lack of control position and MTN branding meant that the group is not able to execute on its BRIGHT strategy. Mascom was Strive Masiyiwa’s first mobile company before he obtained a licence to launch Econet Wireless after a protracted court battle with government authorities. The name Mascom was derived from Masiyiwa Communications, a name that was reportedly suggested by a business partner. *Related:* *Strive Masiyiwa Net Worth Now $2.3 Billion. Number 8 On Forbes Africa Rich List* *Africa Needs Capital & Entrepreneurs To Harness Solar Energy – Strive Masiyiwa* *More: Newzwire* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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