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Article: Zimbabwe: Country Empires Grabbing Global Stake.
- Article from:
- TendersInfo
- Article date:
- July 12, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...