Econet Zimbabwe

Econet Zimbabwe officially known as Econet Wireless Zimbabwe (EWZ) Limited or commonly referred to as just Econet is a Zimbabwean telecom operator that is headquartered at No. 2 Msasa, Harare. It was started in July 1998 and listed on ZSE in September 1998, despite being in operation for just three months. It has a LTE market share of 54.9% and an overall market share of 71% as of first quarter.

Overview
Econet Wireless Zimbabwe maintained its position as one of ZSE’s big three with a peak evaluation of US$3.2 billion in August 2018. It has a market share of over 70%.

Market Performance
Market capitalization of Econet Wireless Zimbabwe slowed down from a peak of US$3.2 billion in August 2018 to ZWL7.07 trillion (US$785 million) in January 2024.