Econet Wireless Zimbabwe Limited is conducting a renounceable rights offer to raise approximately US$30.3 million for the redemption of outstanding debenture obligations, with an Extraordinary General Meeting scheduled for August 7, 2023, to seek shareholder approval. Eligible shareholders as of the August 18, 2023 record date may subscribe for 17.122 new shares for every 100 held at a price of US$0.0755 per share, with the option to settle the subscription using either United States Dollars or existing company debentures.