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Alba Iulia
Friday, January 22, 2021

Netflix adds Zimbabwean billionaire Strive Masiyiwa to its board

Feature Lifestyle Netflix adds Zimbabwean billionaire Strive Masiyiwa to its board

Netflix named Strive Masiyiwa, founder and chairman of telecom and tech company Econet Group, to its board of directors.

Masiyiwa’s appointment to the streamer’s board comes a week after Susan Rice, former U.S. ambassador to the U.N., said she was relinquishing her Netflix board seat to join president-elect Joe Biden’s administration as of Jan. 20, 2021.

Masiyiwa, who has an estimated current net worth of $1 billion, he is the founder of Econet Group which has operations and investments in 29 countries in Africa and beyond which includes Econet Wireless, Zimbabwe’s leading mobile operator; Liquid Telecom, the pan-African broadband company and its subsidiary Africa Data Centres, the fast-growing data center company, which just raised $300 million from the US government’s development finance arm.

“We are delighted to welcome Strive to the Netflix board,” Netflix co-founder, chairman and co-CEO Reed Hastings said in a statement. “His entrepreneurship and vision in building businesses across Africa and beyond will bring valuable insights and experience to our board as we work to improve and serve more members all around the world.”

Netflix co-CEO Ted Sarandos added, “I’m thrilled to have Strive join our board as we expand more across Africa and the world.”

Masiyiwa, in a statement provided by Netflix, said, “Netflix is at the forefront of bringing great entertainment from anywhere in the world to everyone in the world, and I look forward to working with the board and all stakeholders to continue its traditions of innovation and growth.”

Masiyiwa serves on several international boards including Unilever, National Geographic Society and Asia Society and the global advisory boards of Bank of America, the Council on Foreign Relations in the U.S., Stanford University and the Prince of Wales Trust for Africa. He’s also a longstanding board member of the United States Holocaust Museum’s Committee on Conscience.

Netflix has been expanding its influence across Africa rapidly in the last year as it rolls out a haul of original African shows and movies led by talent and producers from South Africa and Nigeria. It has been trying to figure out ways to make its service more accessible and affordable particularly in most African countries where watching video over internet usage is sometimes discouraged by costs or poor quality.

Source : Variety

9 COMMENTS

  1. Netflix should also consider our local millionaires KZ who can double a kungfu actor and show clips of when he is harranguing locals…..

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  2. Keep repping the continent. You are very humble unlike our very own self proclaimed billionaire here HH.

    As for akaps you are just a loser. In fact I wouldn’t even worst my energy beating you. In karate we are told to use it for self defence. But for you I would take an exception and beat the living rat out of you.

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  3. Strive Masiyiwa’s road to success is very inspiring and was not easy despite Uncle Bob trying be all means to throw the spanner in the works.

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  4. Kaizar Zulu

    You think I’m am like those scared poor malnorished zambians you pick on with ZP behind you ???

    I can kick the living crap out you….

    Infact come 2021 I see you hiding under becoming a born Christian tag..

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  5. HH, Charles Milupi, Kavindele , GBM could be there soon if it wasn’t for politics. People should know business people are more important than presidents.

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  6. With due respect. Mr Zulu I expected you to show a mature sense being a public personnel. Anyway, shame u are filled with fear of HH.
    Congratulations Mr. Masiyiwa for the appointment. Wishing you God’s blessings.

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  7. Tarino go to hell. You said you would ignore any of my comments so why are you poking that your ugly nose in my business. I become a troll because I am causing you sleepless nights. Why shouldn’t I have time to participate in my country’s politics.

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