Earlier on, when we were working on the article on Econet’s involvement with Muzinda Hub, we sought clarification from Muzinda Hub about the new arrangement that now exists between the hub and the mobile operator.
Econet has since sent a response that explains the motive behind its involvement with the tech entrepreneurship hub. You can read the statement below.
“We confirm that Muzinda Hub is no longer part of the Higher Life Foundation. As you are aware Econet has always had a relationship with the Higher Life Foundation, specifically around funding the scholarship programme for their beneficiaries. It was the vision of the Econet Chairman, Mr Strive Masiyiwa that from the graduates of this programme, Muzinda Hub identifies 1000 graduates who will be trained in coding, with the intention of them eventually running their own freelance businesses, given the high demand for programmers.
Given Econet’s track record in promoting entrepreneurship in the country, Econet decided to adopt the Muzinda Hub initiative as one of its impact investment initiatives, in order to make sure that the developers get opportunities to get digital jobs post the training. The move allows the Muzinda hub graduates to leverage on the Econet brand as they grow their freelance businesses, whilst at the same time benefiting from the shared services of being part of the Econet group by making sure that they have minimal startup costs.”
CEO Econet Wireless Zimbabwe