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.

Business

Nampak Zimbabwe Leverages Volume Recovery and Stable Currency to Grow Revenue, Margins Remain Under Pressure

HARARE — Nampak Zimbabwe Limited delivered improved sales volumes and revenue growth for the nine months ended 30 June 2026, underpinned by a stable operating environment and stronger demand in the plastics and paper segments, even as power outages, input cost inflation and competitive pricing continued to weigh on profitability. The operating environment remained relatively […]

Read More
Business

Hippo Valley Offsets Slow Start With Strong Domestic Sales and Solid Water Reserves

HARARE — Hippo Valley Estates Limited delivered a resilient first quarter ended 30 June 2026, underpinned by improved macroeconomic stability, robust water reserves and strong demand in the local market, even as global cost pressures and a late start to crushing weighed on first-quarter production. The quarter was characterised by improved macroeconomic stability. Inflation remained […]

Read More
Business

Seed Co International Profitability jumps to 88% as Turnover Grows 30% in FY26

HARARE — Seed Co International Limited has delivered a strong turnaround in the year ended 31 March 2026, lifting turnover by close to a third and more than doubling profit after tax despite climate volatility, currency pressure and geopolitical disruption across its African markets. The company posted revenue of $161.3 million, up 30% from $124.3 […]

Read More