newZWire
newZWire
February 14, 2025 at 06:05 PM
*Changes at Steward Bank as Nyambirai makes a comeback* EcoCash Holdings has announced changes to its board following businessman Tawanda Nyambirai’s recent acquisition of a controlling stake in the company. Last year, Econet Wireless took over EcoCash’s 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. “I am happy that I have now bought Steward Bank back and look forward to continued support from everyone,” 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.
Image from newZWire: *Changes at Steward Bank as Nyambirai makes a comeback*  EcoCash Holdi...

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