Econet Wireless Special Trading Update May 2020

June 1st, 2020|

OPERATING ENVIRONMENT Economic environment The country has continued to experience a general decline in economic activity and aggregate demand across all sectors of the economy in the wake of the national lockdown and depressed disposable incomes. Impact of COVID-19 pandemic on the business The World Health Organisation (WHO) declared COVID-19 as a pandemic on 11 [...]

Econet Wireless Trading Update for the 9 months to Nov 2019

January 16th, 2020|

ECONOMIC ENVIRONMENT During the period under review, the country’s macro-economic fundamentals continued to deteriorate characterised by low industry output, high unemployment, a rapidly weakening local currency and the re-emergence of hyperinflation. TARIFFS Although tariff increases were approved by POTRAZ in August and October 2019, our tariffs continue to lag behind inflation and given the rapid [...]

Econet Wireless Unaudited Abridged Consolidated Financial Results HY 31 Aug 2019

December 30th, 2019|

INTRODUCTION Econet Wireless Zimbabwe (“the Company / Group”) remains the leader in the telecommunications sector commanding a customer market share of close to 70%. Our leadership position has been attained and maintained through an understanding of customer needs and continued provision of telecommunications services at a quality level that is unmatched by the competition. Not [...]

Econet Results of Annual General Meeting

September 26th, 2019|

Announcement of the Results of Voting at the Twenty-first Annual General Meeting of the members of Econet Wireless Zimbabwe Limited held on Tuesday 24 September 2019. Shareholders are advised that the results of voting at the Twenty-first Annual General Meeting of the Company held on Tuesday 24 September 2019 are as follows: RESULTS 1. As [...]

Econet Wireless Zimbabwe releases the 2019 annual report

September 16th, 2019|

Econet Wireless Zimbabwe Limited ( 2019 Annual Report We have extracted the Chief Executive Officer's Statement from the 2019 annual report for Econet Wireless Zimbabwe Limited (, listed on the Zimbabwe Stock Exchange: Chief Executive Officer's Operations Review INTRODUCTION Econet continues to demonstrate agility to sustain shareholder value through delivering high-quality digital services, [...]