About

Celebrating 25 Years of Excellence

About

About2025-02-28T12:36:03+02:00

Who We Are

A Legacy of Innovation and Impact

Econet Wireless Zimbabwe is the country’s leading telecommunications and digital services provider, pioneering innovative solutions that empower individuals, businesses, and communities. Established in 1998 and listed on the Zimbabwe Stock Exchange, Econet has grown to serve over 16.8 million customers with cutting-edge technologies, transforming lives and driving economic growth.

25 Years of Building a Digital Future

Celebrating 25 years of innovation, Econet has built a legacy of resilience, progress, and transformation. From launching Zimbabwe’s first 3G, 4G, and 5G networks to introducing revolutionary services such as EcoCash mobile payments, Econet has consistently led the way in shaping the country’s digital landscape.

Our Core Values

  • Pioneering Excellence: Innovation and leadership in technology and services.
  • Customer-Centric Approach: Delivering exceptional experiences that drive value and trust.
  • Sustainability and Responsibility: Committed to Environmental, Social, and Governance (ESG) principles to build a sustainable future.

Our Investment Case

What sets Econet apart as an investment opportunity

Econet Wireless Zimbabwe Limited stands as a premier investment opportunity, offering a compelling blend of technological innovation, market leadership, and sustainable growth. With 25 years of industry expertise, a robust digital infrastructure, and an unwavering commitment to Environmental, Social, and Governance (ESG) principles, Econet continues to shape Zimbabwe’s digital future. As the nation’s leading telecommunications and digital services provider, Econet is strategically positioned to deliver long-term shareholder value through sustainable practices and cutting-edge advancements.

  • Dominant Market Position – Serving over 16.8 million customers with 93.8% population coverage, Econet commands the largest share of Zimbabwe’s mobile and data market.
  • Technological Edge – Pioneered Zimbabwe’s first 3G, 4G, and 5G networks, ensuring continuous digital evolution.
  • Extensive Distribution Network – Supported by over 45,000 channel partners, enabling seamless service accessibility nationwide.
  • Strong Revenue Growth – Achieved ZW$14.8 trillion in revenue (2024), reflecting a 133% year-on-year increase.
  • Profitability Focus – Delivered an EBITDA margin of 48%, supported by cost optimization strategies.
  • Resilient Capital Investments – Deployed over ZW$1.9 trillion in capital expenditure to modernize network infrastructure and support growth.
  • AI-Driven Enhancements – Leveraged artificial intelligence for personalized customer experiences, boosting user engagement and operational efficiency.
  • Digital Platforms and Services – Offers advanced platforms like EcoCash Mobile Money and YoMix Flexible Bundles, driving customer value and market differentiation.
  • Infrastructure Expansion – Rolled out over 1,000 new base stations and expanded 5G coverage to position Econet as a leader in digital connectivity.
  • ESG Leadership – Aligned with UN Sustainable Development Goals (SDGs) and certified by Global Reporting Initiative (GRI) standards.
  • Green Initiatives – Installed solar-powered base stations and implemented programs to reduce carbon emissions and optimise energy efficiency.
  • Social Impact – Partnered with Higherlife Foundation to support education, health, and disaster relief, contributing to social development.

With an exceptional track record, a focus on sustainable development, and a clear growth trajectory, Econet represents a secure and scalable investment for the future.

Leadership That Drives Vision and Excellence

Meet our board of directors guiding our vision and strategy to elevate investor value.

Our Senior Management Team

Mr Roy Chimanikire

Mr Roy Chimanikire

Deputy Chief Executive Officer

Mr Kezito Makuni

Mr Kezito Makuni

Chief Operating Officer

Mrs Rosseweater Usayi

Mrs Rosseweater Usayi

Chief Human Resources Officer

Mr Chengeto Moyo

Mr Chengeto Moyo

Finance Director

Frequently asked questions

Find answers to the most common queries about Econet Wireless Zimbabwe Limited, from our services and investments to shareholder insights and beyond.

When do you release your financial results?2025-02-24T09:42:44+02:00

Our year-end is February. Abridged full year results are usually released in April. Our half year-end is August, and the half year results are usually released in mid-November of the same year.

You may sign-up to receive email notifications of future release of our financial reports here.

How can I obtain a copy of the annual report and accounts?2025-01-06T12:13:06+02:00

An archive of our current and historical annual reports (together with other financial reports) is available on our website for download for free here.

You may sign-up to receive email notifications of future release of our financial reports here.

Can I have my dividends paid directly into my bank account?2025-01-06T12:13:47+02:00

Yes. Contact our transfer secretaries with your banking details by submitting a ticket here.

I would like to invest in the Econet shares but I am not sure of the requirements2025-01-06T12:18:12+02:00

You need the services of any registered stock broker in Zimbabwe in order to buy or sell shares listed on the Zimbabwe Stock Exchange. Their contact details are available on the stock exchange website – look for the menu item brokers.

Go to Top