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 3 million subscribers Econet Wireless is Zimbabwe’s dominant mobile operator representing an estimated 60% of the mobile market. Through continued investment in capacity Econet intends to be an integral part of the growth of Zimbabwe’s Penetration Rate from 10% in 2008 to the African average of over 40%