MTN Group Ltd
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Strive Masiyiwa Buys Back Mascom Botswana For USD$300 Million
The Founder and Executive Chairman of the Econet Group, Strive Masiyiwa, has bought back Mascom Botswana from MTN for US$300 million, 14 years after losing control of the telecoms giant. 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…