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February 15, 2025 at 06:17 AM
*Nyambirai in dramatic Steward Bank takeover*
ยฉ ๐ญ๐๐ ๐ข๐ป๐น๐ถ๐ป๐ฒ ๐ก๐ฒ๐๐
> https://whatsapp.com/channel/0029VaKnCI70wajrXc63FC0w
> ๐ต๐๐๐๐๐ ๐พ๐๐ ๐๐๐๐๐๐ฐ๐๐ ๐ฒ๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐ฝ๐๐ ๐ ๐๐๐ ๐ด๐๐๐๐๐๐๐๐๐๐๐๐
ECOCASH Holdings has announced changes to its board following businessman Tawanda Nyambiraiโs recent acquisition of a controlling stake in the company.
Last year, Econet Wireless took over EcoCashโs mobile money business along with VAYA Technologies, Econet Insurance, Econet Life, MARS Zimbabwe, and Maisha Health.
The restructuring left Steward Bank as the only remaining subsidiary of EcoCash Holdings.
โI am happy that I have now bought Steward Bank back and look forward to continued support from everyone,โ Nyambirai recently posted on social media.
No details have been given yet on the transaction.
Nyambirai originally founded the bank in 2001 as TN Bank before selling it to Econet in 2013 as part of a bailout deal. NewZwire