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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Dairibord Holdings Limited reported a robust set of interim results for the six months ended 30 June 2026, underpinned by improved macroeconomic stability, strong volume recovery, and disciplined cost management. The company declared an interim dividend of US$773,723, equivalent to 0.22 US cents per share, payable on 21 September 2026. Revenue increased by 28% to […]

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Dairibord Holdings Issues Fresh Cautionary As Major Shareholders Seek CTC Approval For Share Sale

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First Capital Bank Launches Zimbabwe’s Premier Padel Tournament as Part of Expanding Sporting Legacy

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