Tag Archives: Africa’s richest people and the tycoon who lost half his fortune

All it took was a new currency in Zimbabwe to wipe out half of Strive Masiyiwa’s net worth. The country’s only billionaire, Masiyiwa built a fortune primarily in telecom. He owns large stakes in two companies that trade on Zimbabwe’s stock exchange. But his country’s decision in June to ban all foreign currencies and use only the Zimbabwe dollar accelerated ...

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