Article: Zimbabwe: Country Empires Grabbing Global Stake.

Byline: shabnam05

ZIMBABWE is renowned for minting business empires owned by locals that have challenged for a stake on the global turf.

Econet Wireless - a local brand - now has footprints across the continent and as far afield as Europe and the Oceania.

The telecommunications group now stands shoulder to shoulder with global mobile giants such as Vodacom, MTN of South Africa, Indian based Reliance Communications and Orascom.

Similarly, Kingdom Holdings, which recently entered into a tie-up to form Kingdom Meikles Africa Holdings, has managed to cultivate a big business empire that has interests in banking, retail and the hospitality ...

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