Econet Wireless Zimbabwe Limited (ECO.zw) HY2023 Interim Report

Econet Wireless Zimbabwe Limited (ECO.zw) listed on the Zimbabwe Stock Exchange under the Technology sector has released it’s 2023 interim results for the half year.

For more information about Econet Wireless Zimbabwe Limited (ECO.zw) reports, abridged reports, interim earnings results and earnings presentations visit the Econet Wireless Zimbabwe Limited (ECO.zw) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Econet Wireless Zimbabwe Limited (ECO.zw) in the past 12 months, as of 4th November 2022, is US$61.66M (ZWL25.66B). An average of US$5.14M (ZWL2.14B) per month.

Econet Wireless Zimbabwe Limited 2023 interim results for the half year

Company Profile

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 capitalisation. 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.