Econet Wireless Zimbabwe Limited reported a 20 percent increase in inflation-adjusted revenue to ZW$ 339.2 billion for the year ended 28 February 2023, though the group incurred a net loss of ZW$ 17.0 billion primarily due to ZW$ 77.2 billion in exchange losses. The Board resolved not to declare a dividend and announced a proposed US$ 30.3 million renounceable rights offer to facilitate the redemption of maturing debentures.