African Stock Exchanges

ECO - Econet Wireless Zimbabwe Limited

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ECO share price on Zimbabwe Stock ExchangeECO share price on Zimbabwe Stock Exchange

Econet Wireless Zimbabwe, launched in July 1998, is Zimbabwe’s largest telecommunications services provider, providing solutions in mobile and fixed wireless telephony, public payphones, internet access and payment solutions. In 2009, the company became the first operator in Zimbabwe to launch data services under 3G technology. At the same time, it began building an extensive fiber optic network, and also commenced an accelerated roll-out of other key network infrastructure. Key subsidiaries and associates of Econet are Liquid Telecom, the largest internet service and access provider in Zimbabwe, and Transaction Payment Solutions, a leading provider of financial transaction switching, point-of-sale, and value-added support services. The company is a subsidiary of a privately-owned group controlled by its founder Strive Masiyiwa. The group’s subsidiaries include Econet Wireless International, Econet Enterprises, and Econet Media.

Econet Wireless Zimbabwe Limited is listed on the Zimbabwe Stock Exchange (ZSE) since September 17th, 1998. Econet Wireless is traded on the ZSE under the ticker symbol “ECO”. Econet Wireless Zimbabwe Limited is currently the second most valuable stock on the ZSE with a market capitalization of ZiG 4.49 billion, which makes about 16% of the entire Zimbabwe Stock Exchange equity market.

ECO1.729914 ▾ 0.224146 (11.47%)
Yesterday
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume8,700
Number of Deals
Gross Turnover15,050.25
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding2.59B
Market Capitalization4.49B
Monetary values are quoted in Zimbabwe Gold (ZiG) unless otherwise stated

ECO Stock Market Performance

1WK4WK3MO
-7.05%+56.7%+251%
6MO1YRYTD
+814%+1,736%+411%

The current share price of Econet Wireless Zimbabwe Limited (ECO) is ZiG 1.729914. ECO closed its last trading day (Tuesday, April 16, 2024) at 1.729914 ZiG per share on the Zimbabwe Stock Exchange (ZSE), recording an 11.5% drop from its previous closing price of 1.954060 ZiG. Econet Wireless began the year with a share price of 0.338554 ZiG and has since gained 411% on that price valuation, ranking it 10th on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about ECO knowing the stock has accrued an outstanding 57% over the past four-week period alone—14th best on ZSE.

Econet Wireless Zimbabwe is the #1 most traded stock on the Zimbabwe Stock Exchange over the past three months (Jan 16 - Apr 16, 2024). ECO has traded a total volume of 32.7 million shares valued at ZiG 32 million over the period, with an average of 518,286 traded shares per session. A volume high of 3.56 million was achieved on March 11th for the same period. The table below details the last 10 trading days of activity of Econet Wireless Zimbabwe on the Zimbabwe Stock Exchange.

DateVolumeCloseChangeChange%
2024-04-168,7001.729914-0.224146-11.47%
2024-04-1510,0001.954060-0.185940-8.69%
2024-04-121002.14+0.278894+14.99%
2024-04-05391,6001.861106-0.096281-4.92%
2024-04-04885,8001.957387-0.034908-1.75%
2024-04-03266,4001.992295-0.085993-4.14%
2024-04-021,327,9002.078288+0.209258+11.20%
2024-03-28335,7001.869030-0.007964-0.42%
2024-03-27192,5001.876994+0.230335+13.99%
2024-03-2650,6001.646659

Profile of Econet Wireless Zimbabwe Limited

Econet Wireless Zimbabwe Limited operates in the Telecommunications sector. The company is led by Douglas Mboweni as its Chief Executive Officer. The company's board of directors, chaired by Dr. James Myers, is composed of 12 members whose names are listed below.

  1. Masiyiwa, Steve
    Group Chairman
  2. Mboweni, Douglas
    Chief Executive Officer
  3. Chimanikire, Roy
    Finance Director
  4. Chirairo, Kris
    CEO - Econet Enterprises
  5. Myers, James (Dr.)
    Non-Executive Chairman
  6. Pemhiwa, Hardy
    Non-Executive Director
  7. Mpofu, Tracy
    Non-Executive Director
  8. Mtetwa, Beatrice
    Non-Executive Director
  9. Gomwe, Godfrey
    Non-Executive Director
  10. Shereni, Sherree Gladys
    Non-Executive Director
  11. Edge, Martin
    Non-Executive Director
  12. Bennett, Michael
    Non-Executive Director

Factsheet of Econet Wireless Zimbabwe Limited

Sector
Telecommunications
Industry
Address
No. 2 Old Mutare Road, Msasa, Harare, Zimbabwe
Telephone
+263-4-486-121, +263-4-486-122, +263-4-486-123

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

Comments

  1. Sipiwe Rudiah NcubeSipiwe Rudiah Ncube
    Dec 22, 2023 18:10 GMT

    Would love to buy shares in econet

  2. StanfordStanford
    Feb 18, 2023 14:25 GMT

    How can i buy shares from Econet

  3. IsmailIsmail
    Jan 16, 2023 11:41 GMT

    how can I buy shares in Econet may you kindly assist

  4. Tapiwa Absalom MawokoTapiwa Absalom Mawoko
    Dec 29, 2022 11:40 GMT

    How can l buy Econet shares on BSE

  5. Clever MadzivanziraClever Madzivanzira
    Oct 31, 2022 12:42 GMT

    How can l buy econet shares

  6. CheimediCheimedi
    Aug 30, 2022 14:39 GMT

    Good day.
    I kindly request more information on how to buy shares in your company.

    I will be looking forward to hear from you

  7. Tafadzwa chipwanyiraTafadzwa chipwanyira
    Sep 3, 2022 09:44 GMT

    Hie could you please advise on how to buy shares in Econet Zimbabwe and share prices

  8. Maxwell BandaMaxwell Banda
    Aug 18, 2022 09:15 GMT

    Advice on how to buy shares

    1. Jonathan BandaJonathan Banda
      Aug 19, 2022 05:21 GMT

      CTrade, or through a broker eg old mutual

  9. Ellen MamhunguEllen Mamhungu
    Aug 13, 2022 11:56 GMT

    I bought shares 18years ago and l am wondering if l could cash them please

    1. TinasheTinashe
      Jun 17, 2023 07:12 GMT

      Hi Can you please assist on how you didi it, buying shares

  10. Ntokozo SibandaNtokozo Sibanda
    Jul 28, 2022 05:56 GMT

    I need to buy shares ..may you kindly help

    1. EVERSONEVERSON
      Mar 26, 2023 14:44 GMT

      JUST GOOGLE "HOW TO BUY SHARES ON ZSE"......OPEN THE STARTUPBIZ WEBPAGE THERE, ITS QUITE USEFUL

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