Strive Masiyiwa has reportedly already made $10.3 million this year. The shares in Cassava Smartech since the beginning of the year have increased from a price of ZWL40.65 ($$0.1263) on Dec. 31, 2021, to ZWL44.9 ($0.1263) on Jan 5, Billionaires Africa reported.
According to #BusinessInsider Zimbabwe’s richest man and Executive Chairman of Econet, Strive Masyiwa, has already made $10.3 million this year following a surge in the market value of his stake in the Zimbabwe-based smart tech group, Cassava Smartech.
According to analysts’ projections, the surge in the market value of Masiyiwa’s stake since the year began can be linked to recent buying interest in the company’s share in the new year.
Masiyiwa, who holds a beneficial 30.26-per cent stake in the company through Econet Global Limited, has Cassava Smartech’s soaring share price to thank as his stake in the company rose from ZWL31.87 billion ($98.97 million) at the beginning of the year to ZWL35.2 billion wxa($109.31 million) on January 5.
Source – Zimcelebs
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