African Investor Relations

Econet Wireless Zimbabwe Limited

Econet Wireless Zimbabwe Limited (ECONET) is the holding company of businesses involved in cellular operations, provision of internet access and transaction processing services. The Group has an investment subsidiary, EEW Capital Holdings (Private) Limited, which holds interests in a number of non-telecommunications companies. EWHL, which is listed on the Zimbabwe Stock Exchange (ZSE), is Zimbabwe’s leading technology company. It is one of the largest quoted companies in terms of market capitalisation, and directly and indirectly employs in excess of 1 500 staff.

With over 5.5 million subscribers Econet Wireless is Zimbabwe’s dominant mobile operator representing over 73% of the mobile market according to the regulator, POTRAZ. Primarily through Econet’s continued investment in capacity, Zimbabwe’s penetration rate has increased from 40% in 2010 to the current 66%