Investor Relations

Performance Highlights

FY – 2023

Group revenue recorded a 20% rise driven by growth in voice and data usage of 19% and 58%, respectively. The Regulator granted the sector three tariff adjustments of 61% each and a fourth adjustment of 50% during the year.

Econet FY2023: Revenue (Inflation adjusted): +20%
Econet FY2023: EBITDA (Inflation adjusted): -7%
Econet FY2023: Shareholders' Equity (Inflation adjusted): +85%

In order to stay abreast of technological advancements and better serve our customers, we added twelve 5G base stations during the year. We remain the only network in the country with 5G technology. We are the only network certified to support Apple devices.

Dr J. Myers, Chairman of the Board

Simbisa Brands

Econet Wireless Zimbabwe

Econet Wireless Zimbabwe is a diversified telecommunications group; it is the largest enterprise of its kind in Zimbabwe.

Company Information

Registered Name Econet Wireless Zimbabwe Limited (
ISIN ZW 000 901 212 2
Ticker Code
Sector Technology
Stock Exchange Zimbabwe Stock Exchange
Chairman Dr James Myers
Chief Executive Douglas Mboweni
Company Secretary Tatenda A. Ngowe
Transfer Secretary First Transfer Secretaries (Pvt) Ltd (zw)
Year End February
Year Founded 1998
Year Listed 1998

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