Masiyiwa Legacy Solidified as Second Daughter, Sarah, Joins Econet Wireless Board
In a move signaling a distinct generational shift, Econet Wireless Zimbabwe has appointed Sarah Masiyiwa to its board, effective 1 October 2025. Her appointment as an Alternate Director places her alongside her sister, Elizabeth Tanya Masiyiwa, solidifying the family's direct influence on the governance of the telecommunications empire their father, Strive Masiyiwa, founded over three decades ago.
A Blend of Veteran Experience and New Vision
Alongside Ms. Masiyiwa, the board announced the appointment of Mrs. Tracy Mpofu as a Non-Executive Director. A seasoned veteran within the group, Mrs. Mpofu brings decades of high-level experience, having previously served as Group Chief Finance Officer, CEO, and COO. Her return is a strategic move to bolster the board with deep institutional knowledge.
Sarah Masiyiwa joins as an Alternate Director to Mrs. Mpofu. With a degree in Economics and Journalism from New York University, she brings a strong background in investment strategy, international business development, and media. The board highlighted her role in managing a diverse portfolio of private and public investments, signaling a focus on modern, data-driven governance.
 |
| Sarah Masiyiwa |
The Next Generation Takes the Helm
Sarah's appointment follows that of her sister, Elizabeth Tanya Masiyiwa, who joined the board in April 2022. Elizabeth, a senior executive and philanthropist with advanced degrees from Cambridge and Hult International Business School, set the precedent for this generational transition following their father's decision to step down as a director earlier that year.
With both sisters now on the board, the Masiyiwa family's direct involvement in the company's long-term strategy and governance is firmly secured. This move ensures the founding vision is carried forward while injecting new skills in global finance, innovation, and digital media into the company's leadership.
 |
| Elizabeth Tanya Masiyiwa |
Frequently Asked Questions
Strive Masiyiwa's business empire is primarily held under Econet Global and Cassava Technologies. This includes market-leading companies in:
- Telecommunications: Econet Wireless
- Fintech: EcoCash, Sasai Fintech
- Data Centers: Africa Data Centres
- Renewable Energy: Distributed Power Technologies
Strive Masiyiwa's wealth was built on his pioneering and persistent efforts in the telecommunications industry. He co-founded Econet Wireless Zimbabwe in 1993 and, after a landmark legal battle against the state monopoly, secured the license to operate, launching Zimbabwe's first mobile network.
The richest person in Zimbabwe is Strive Masiyiwa. As of January 2025, the London-based billionaire's net worth was estimated at US$2.7 billion, making him one of Africa's most influential figures in technology and telecommunications.
Yes, he was. Strive Masiyiwa joined the Netflix board in 2020, a role he held for several years. He has since sold his shares in the company, with his focus now primarily on his technology and infrastructure ventures across Africa.
Dr. Douglas Mboweni is the Chief Executive Officer of Econet Wireless Zimbabwe. A long-serving executive, he has been an integral part of the Econet Group since 1996 and has served on the company's board since December 2003.
Yes, ZOL is part of the Econet Group. ZOL is a subsidiary of Liquid Intelligent Technologies (formerly Liquid Telecoms), which itself is a business of Cassava Technologies, a key part of Masiyiwa's Econet Global group.
Strive Masiyiwa currently resides in London, UK, where he has lived since 2010. While he was born in Zimbabwe and lived in South Africa for over a decade, London now serves as the base from which he manages his global portfolio of businesses and investments.
Polaris Systems: Our approach works so well because we provide a single point of contact for every customer, creating multiple efficiencies. We aim to ensure a seamless experience, resulting in partnerships that deliver improved value and minimal downtime. This is how we achieve true customer satisfaction.
We are available 24/7, 365 days a year. Contact us anytime!
Kuda (Borehole)