Description

Econet Wireless Zimbabwe is a diversified telecommunications group; it is the largest enterprise of its kind in Zimbabwe and the largest company on the Zimbabwe Stock Exchange in terms of market capitilisation. Econet Wireless Zimbabwe provides products and solutions for mobile and fixed wireless telephony, public payphones, internet access and payment solutions. In 2009, Econet Wireless Zimbabwe became the first operator in Zimbabwe to launch data services with 3G capability. This was followed by an extensive project to expand its geographic coverage; building a fibre-optic network, providing financial transaction switching and point-of-sale and value-added retail support services. The company is a subsidiary of a privately-owned group controlled by its founder, Strive Masiyiwa. The group’s subsidiaries include Econet Global, Econet Wireless Africa, Econet Wireless International, Econet Enterprises, Liquid Telecom Group and Econet Media.

The Leadership

Dr James Myers

Chairman

Dr Myers was appointed to the board in May 2009. He was appointed as Chairman of the board in December 2012. Apart from chairmanship of the board, Dr Myers chairs the board’s Remuneration Committee.

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Douglas Mboweni

Chief Executive Officer

Douglas is the Chief Executive Officer of Econet Wireless Zimbabwe Limited. He has been with the Group since 1996 and was appointed to the board in December 2003.

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News & Corporate Announcements

Econet Wireless Zimbabwe Limited (ECO.zw) Share Chart

Trading Update

Activity

SalesRTGS(c) 104.52
ValueRTGS$ 1,800,207.54
Volume1,722,357
Market capRTGS$ 2,707,671,080
Shares issued2,590,577,000

Performance

Today-3.26 / -3.02%
52 week highRTGS(c) 293.00
52 week lowRTGS(c) 90.00
52 week change16.13%
Year to date-26.78%

Market Info

CurrencyRTGS cents
Founded1998
Listed1998
Year endFebruary
IndexZimbabwe Industrial Index (XZWIND.zw)

Dividends