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Econet Zimbabwe

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Econet Zimbabwe officially known as Econet Wireless Zimbabwe (EWZ) Limited or commonly referred to as just Econet is a Zimbabwean telecom operator that is headquartered at No. 2 Msasa, Harare. It was started in July 1998 and listed on ZSE in September 1998, despite being in operation for just three months.[1] It has a LTE market share of 54.9%[2] and an overall market share of 71% as of first quarter.[3]

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Overview

Econet Wireless Zimbabwe maintained its position as one of ZSE’s big three with a peak evaluation of US$3.2 billion in August 2018.[4][5] It has a market share of over 70%.[6]

Market Performance

Market capitalization of Econet Wireless Zimbabwe slowed down from a peak of US$3.2 billion in August 2018[4] to ZWL7.07 trillion (US$785 million) in January 2024.[7]

Corporate Governance

References

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