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Re: TN Bank becomes Econet subsidiary as Nyambirai sells stake

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This was the best decision by Tawanda Nyambirai. It was only logical that he stood down as he was no longer independent as he highlighted. This goes to show that Nyambirai upholds corporate governance practices. @boardhouse:disqus be reminded that Econet's decision to acquire TN was purely a business decision. There is no law that prohibits any company from owning a bank. For the avoidance of doubt TN Bank was acquired by Econet Wireless Zimbabwe the parent company of Econet Wireless (Pvt) Ltd. Am sure you are confusing between the two (Econet Wireless Zimbabwe and Econet Wireless (Pvt) Ltd.


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