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About Econet Wireless Zimbabwe

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.

3 Reasons to Consider Investing in Econet Wireless Zimbabwe

1.

The Industry Market Leader

Market leader across all product segments with 69% customer market share, 72% data traffic market share and 80% voice traffic market share. Our network has over +90% data population coverage with fastest upload and download speeds in the country

2.

Resilient Business Model

Our businesses deliver value to customers across Telecommunications, Media and Technology spaces

3.

Creating Value through a Sustainable Business

  • Sustained delivery of high quality digital services
  • Innovative transformation to the way we do business
  • Shareholder value preservation
  • Sustained contribution to society

Our Share Price in Action

ZWL cents 7,137.65 655.18 / 10.11%
Year to date 651.72%
52 Week Change 1,314.26%
52 Week Low
52 Week High
504.69
8,994.36

LATEST ACTIVITY

Sales Value ZWL cents 7,137.65
Volume Traded 236,200
Value Traded ZWL 16,859,129.30
Market Cap ZWL 184,906,319,241
Shares issued 2,590,577,000

MARKET INFO

Sector Technology
Exchange Zimbabwe Stock Exchange
ISIN ZW 000 901 212 2
YEAR Listed 01st January, 1998
Year End February

FUNDAMENTALS

P/E 165.99
Div. Yield 1.401%
EPS ZWL cents 43.00
P/B Ratio 4.04
EV / Ebitda 10.40
Find the most important share facts

Company Information

Registered Name Econet Wireless Zimbabwe Limited (ECO.zw)
ISIN ZW 000 901 212 2
Ticker Code ECO.zw
Sector Technology
Stock Exchange Zimbabwe Stock Exchange
Chairman Dr James Myers
Chief Executive Douglas Mboweni
Company Secretary Charles Banda
Transfer Secretary First Transfer Secretaries (Pvt) Ltd (zw)
Year End February
Year Founded 1998
Year Listed 01st January, 1998
Website Address ewzinvestor.com

Top 5 Shareholders

Name Holding Percentage
Econet Global Limited 995,384,301 38.40%
Stanbic Nominees (Private) Limited (NNR) 366,371,322 14.10%
Stanbic Nominees (Private) Limited 320,101,402 12.40%
Old Mutual Life Assurance Company of Zimbabwe Limited 165,348,735 6.40%
Econet Wireless Zimbabwe SPV Limited 129,528,841 5.00%
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