Econet’s Share Price Whemba: Tech Giant Cries Foul Over ZSE Valuation

Econet Wireless Zimbabwe has issued a cautionary statement raising concern about the undervaluation of its share price on the Zimbabwe Stock Exchange (ZSE), which is affecting its ability to raise funds for critical infrastructure and technology upgrades.

According to Econet, the market capitalization does not reflect its true value, leading to erosion of shareholder value. To address this, Econet has begun evaluating potential corporate actions to unlock shareholder value, improve access to capital, and boost competitiveness.

As of December 3, 2025, Econet’s share price was ZWG 5.501334, with a market capitalization of ZWG 14.3 billion, making it the second most valuable stock on the ZSE. The company advised shareholders and investors to exercise caution when dealing with its securities until further notice.

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