ECO - Econet Wireless Zimbabwe Limited

May 16, 2025 at 13:36 Twitter · Facebook

ECO 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 7.1 billion, which makes about 12.2% of the entire Zimbabwe Stock Exchange equity market.

ECO Stock Market Performance

The current share price of Econet Wireless Zimbabwe Limited (ECO) is ZiG 2.740050. ECO closed its last trading day (Friday, May 16, 2025) at 2.740050 ZiG per share on the Zimbabwe Stock Exchange (ZSE), recording a 0.2% gain over its previous closing price of 2.735382 ZiG. Econet Wireless began the year with a share price of 3.226087 ZiG but has since lost 15.1% off that price valuation, ranking it 22nd on the ZSE in terms of year-to-date performance.

Econet Wireless Zimbabwe is the second most traded stock on the Zimbabwe Stock Exchange over the past three months (Feb 13 - May 16, 2025). ECO has traded a total volume of 90.7 million shares valued at ZiG 270 million over the period, with an average of 1.44 million traded shares per session. A volume high of 16.9 million was achieved on February 13th, and a low of 3,200 on March 25th, for the same period. The table below details the last 10 trading days of activity of Econet Wireless Zimbabwe on the Zimbabwe Stock Exchange.

Profile of Econet Wireless Zimbabwe Limited

Econet Wireless Zimbabwe Limited operates in the Telecommunications sector.

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
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9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange