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.

ECO42.0479 ▴ 0.8928 (2.17%)
2 days ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume87,200
Number of Deals
Gross Turnover3.67M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding2.59B
Market Capitalization109B
Monetary values are quoted in Zimbabwe Dollar (ZWL) unless otherwise stated

ECO Stock Market Performance

1WK4WK3MO
+19.8%+9.91%+52.9%
6MO1YRYTD
+134%+742%+343%

The current share price of Econet Wireless Zimbabwe Limited (ECO) is ZWL 42.0479. ECO closed its last trading day (Friday, September 24, 2021) at 42.0479 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 2.2% gain over its previous closing price of 41.1551 ZWL. Econet Wireless began the year with a share price of 9.4951 ZWL and has since gained 343% on that price valuation, ranking it 18th on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about ECO knowing the stock has accrued 10% over the past four-week period—20th best on ZSE.

Econet Wireless Zimbabwe is the fourth most traded stock on the Zimbabwe Stock Exchange over the past three months (Jun 28 - Sep 24, 2021). ECO has traded a total volume of 29.9 million shares valued at ZWL 1.01 billion over the period, with an average of 474,493 traded shares per session. A volume high of 4.72 million was achieved on August 18th, and a low of 2,200 on September 1st, 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%
2021-09-2487,20042.0479+0.8928+2.17%
2021-09-2394,30041.1551+2.3878+6.16%
2021-09-2217,30038.7673+2.40+6.60%
2021-09-21338,40036.3673+0.2983+0.83%
2021-09-208,70036.0690+0.9825+2.80%
2021-09-1712,20035.0865+0.0295+0.08%
2021-09-1615,80035.0570-0.7276-2.03%
2021-09-1588,30035.7846+0.1404+0.39%
2021-09-1462,70035.6442-0.3693-1.03%
2021-09-13587,20036.0135

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
Email:
info@econet.co.zw
Website:
www.econet.co.zw

Index of African Stock Exchanges:

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

Comments (32)

  1. Nicholas KawomeNicholas Kawome
    Nov 10, 2020 09:58 GMT

    Hie Econet i would love to buy shares what are the requiirements

  2. Madimba CharlesMadimba Charles
    May 23, 2021 14:35 GMT

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

  3. EDSON RUNESUEDSON RUNESU
    Jan 19, 2020 12:45 GMT

    I want to invest with you, how do i go about it.

  4. daniel Rupiyadaniel Rupiya
    Aug 15, 2021 18:34 GMT

    i need shares asap

  5. Kennedy J. ChomutareKennedy J. Chomutare
    Jan 14, 2018 13:00 GMT

    Send me some information on how a can buy shares in econet in I am in Zimbabwe.

    1. TakaipaTakaipa
      Aug 1, 2018 00:40 GMT

      c-trade, recently launched platform

  6. Ticha MasiiwaTicha Masiiwa
    Jul 23, 2020 06:51 GMT

    I need to buy shares too. How best may you help

  7. Primrose mandeyaPrimrose mandeya
    Feb 5, 2021 19:15 GMT

    I want to buy stock, on the Econet stock exchange. How do l go about it?

    1. Jonathan BandaJonathan Banda
      Feb 11, 2021 09:16 GMT

      Use zse online trading platform or ctrade online platform

  8. Paul MapopePaul Mapope
    Aug 24, 2020 21:50 GMT

    I see the value of the company shares, it embraced me and it will be my privilage to invest on econet zimbabwe

    1. Dolla DealsDolla Deals
      Sep 5, 2020 10:25 GMT

      Right now is the time to invest in Econet. At $4.50 you won't go wrong.

  9. Munyaradzi  JafariMunyaradzi Jafari
    Aug 1, 2020 09:40 GMT

    What's the least possible amount of money that i should hold in order to acquire a share?

    1. RyanRyan
      Aug 1, 2020 13:26 GMT

      The minimum number of shares one can buy at a time is 100. So the minimum money you need is the current share price multiplied by 100, plus approximately 2% of broker commission and statutory fees.

  10. Jason HuntleyJason Huntley
    Jun 12, 2018 11:08 GMT

    Please may i have information or a website on how to buy shares from Econet

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