Half Year Results 2025

Half Year Results 2025

Data and voice usage grew by 56% and 36%, respectively, relative to the first half of last year, enabled by the ongoing network modernisation. Demand for data continued an upward trajectory and translated to a revenue contribution of 47% against 38% at the previous comparative period.

Share Price for Friday, March 28th, 2025  |  354.4588 ZWG cents   |   Volume: 13.6K   |   Value Traded: ZWG 48.2K   |   Current Market Capitalisation: ZWG 10.6B   |   Share Price for Friday, March 28th, 2025  |  354.4588 ZWG cents   |   Volume: 13.6K   |   Value Traded: ZWG 48.2K   |   Current Market Capitalisation: ZWG 10.6B   |   

Why invest in Econet Wireless Zimbabwe Limited?

A Proven Leader in Connectivity and Innovation

Econet Wireless Zimbabwe Limited offers a compelling investment opportunity as a market leader in telecommunications and digital services. With a proven track record of resilience, innovation, and profitability, Econet is well-positioned to capitalize on Zimbabwe’s growing digital economy. Our commitment to sustainability, digital transformation, and customer-centric solutions makes us a trusted partner for investors seeking long-term growth and impact.

Half Year Results 2025

Dr J. Myers, Chairman of the Board

By leveraging synergies between the MNO and FinTech businesses, the Group has set itself to be in a strong position to grow faster, diversify our product offering and continue creating shareholder value, whilst responding to the evolving needs of our customers.

Performance Highlights

Half Year Results 2025

Data and voice usage grew by 56% and 36%, respectively, relative to the first half of last year, enabled by the ongoing network modernisation. Demand for data continued an upward trajectory and translated to a revenue contribution of 47% against 38% at the previous comparative period.

  • Revenue (ZWG)

    5,027 million

    HY 2024: 4,710 million

    7%

  • EBITDA (ZWG)

    2,313 million

    HY 2024: 2,364 million

    2%

  • Profit Before Tax (ZWG)

    708 million

    HY 2024: 569 million

    24%

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