Econet Wireless Zimbabwe Limited has announced that all resolutions were successfully passed at its Extraordinary General Meeting held on 7 August 2023, formally authorizing a renounceable rights offer to raise approximately US$ 30.3 million. Under the approved terms, shareholders are offered 17.122 new shares for every 100 shares held at a price of US$ 0.0755 each, with shares trading on an ex-rights basis starting 16 August 2023 subject to regulatory approval.