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.
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.
COMPANY ANNOUNCEMENT Following the change in functional currency, reporting entities have to reconsider the measurement basis of their assets and liabilities as well as their income and expenses. This requires …
Following the finalisation of all the conditions precedent to the demerger of Cassava Smartech Zimbabwe Limited (CSZL) from Econet Wireless Zimbabwe Limited (EWZL): 770,000,000 CSZL shares representing 77% of the …