ECONET - Information

TRADING STATISTICS
Price:
52 Wk High: 148.55c
52 Wk Low: 100.02c
20 Day VWAP: 115.91
P/E: -1,470.42
D/Y: 0.45%
PBV: 53.41
EV/EBITDA: 256.58
Issued Shares: 2,590,577,000
Market Cap: $2,605,602,346.60
  • Company Description
  • Top 20 Shareholders
  • Reports
ECONET Company Description

Econet Wireless Zimbabwe is Zimbabwe’s largest telecommunications operator, providing solutions in mobile and fixed wireless telephony, internet access, mobile money and payment solutions. Econet Wireless Zimbabwe is a subsidiary of the Econet Wireless Group, headquartered in South Africa.

Rank Shareholder Total Shares % Holding
1 AUSTIN ECO HOLDINGS LIMITED - NNR 89,872,460 9.88
2 OLD MUTUAL LIFE ASSURANCE COMPANY OF ZIMBABWE LIMITED 79,553,877 8.75
3 STANBIC NOMINEES (PVT)LTD. NNR., 52,303,870 5.75
4 STANBIC NOMINEES (PVT)LTD.,NNR, 41,350,185 4.55
5 STANBIC NOMINEES (PVT) LTD - NNR , 40,402,777 4.44
6 STANBIC NOMINEES (PVT) LTD -NNR, 25,705,215 2.83
7 STANBIC NOMINEES (PVT)LTD- NNR, 25,104,177 2.76
8 STANBIC NOMINEES (PVT) LTD - NNR,, 22,198,458 2.44
9 NORTHUNDERLAND INVESTMENTS (PVT) LTD 22,020,090 2.42
10 STANBIC NOMINEES (PVT)LTD,NNR, 19,800,742 2.18
11 STANBIC NOMINEES (PVT) LTD-NNR,, 19,649,633 2.16
12 STANBIC NOMINEES (PVT)LTD - NNR, 19,287,620 2.12
13 AMRO INTERNATIONAL HOLDINGS LTD (NNR), 15,033,962 1.65
14 ECONET WIRELESS HOLDINGS LIMITED, 11,445,815 1.26
15 HELLIKOP INVESTMENTS (PVT) LTD-NNR, 10,699,010 1.18
16 PRESSFORTH INVESTMENTS (PRIVATE) LIMITED 10,317,570 1.13
17 ECONET EMPLOYEES BENEFICIARY TRUST 9,677,915 1.06
18 MINING INDUSTRY PENSION FUND 9,461,803 1.04
19 STANBIC NOMINEES (PVT)LTD - NNR., 9,135,821 1.00
20 STANBIC NOMINEES (PRIVATE) LIMITED - NNR , 9,073,721 1.00
Total holding for top 20 542,094,721 59.60
Remaining holding 367,223,719 40.40
Total issued shares 909,318,440 100
Free Float 646,252,615 71.07
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Weekly -23.11.2018
23 November 2018 | published by: EFE Securities
The ZSE capped the week in the red as some post budget gains failed to spur it into the black. Losses earlier in the week induced by the drop in the market's top capitalized stock Econet, after it started trading ex-div on Tuesday, proved hefty for the market as three of the four benchmarks ended the week...
Weekly -09.11.2018
9 November 2018 | published by: EFE Securities
The ZSE rebounded in the week under review, spurred by the ongoing reporting season which saw the market’s top capitalised counters reporting some impressive numbers for their respective interim periods. The two giants reported strong earnings for their interim period with Econet enjoying a 153% growth in after tax profits to $123.6m while, beverages giant Delta posted a 77% increase in after tax...
Weekly-06.04.2018
6 April 2018 | published by: EFE Securities
The Top Ten Index closed the week-ending session in the black, buoyed by gains in heavies Delta, Econet and Old Mutual. ...
Market Comment -02.03.2018
2 March 2018 | published by: EFE Securities
Losses continued on the ZSE in week ending session as three of the indices closed in the red with the exception of the Mining Index which remained stable at 128.91pts for the fourth consecutive session. The All share Index retreated 0.68% to 87.26pts while, Industrial index lost 0.69% to end the session at 291.95pts. ZSE Top 10 dropped 0.93% to 86.05pts weighed down by heavy caps BAT, Delta and Econet which emerged amongst the losers of the day. Tobacco Processor, BAT plunged 7.03% to close...
Weekly 03.11.17
3 November 2017 | published by: EFE Securities
The ZSE was on a rebound in the week under review as the weakness seen in the prior week receded in the aftermath of a solid Interim performance from telecoms group ECONET....
Monthly Review April 2017
12 May 2017 | published by: EFE Securities
The ZSE saw a rising month of April with the two main indicators closing in the black as a bullish sentiment swept across the board. Shoring up the activity on the market were the corporate actions along with the momentum from the reporting season, for the December reported date, which had some surprisingly better numbers despite the ecodenomic woes. The Econet rights and debenture issue was the major highlight on the corporate scene with its surrogate instruments, letters of...
Weekly 28.04.2017
28 April 2017 | published by: EFE Securities
The ZSE was sticky northwards in the final week of the month as the benchmark Industrial Index powered to a 1.03% rise closing at 143.20pts and in the process narrowing its year to date loss to just over a percentage point at -1.09%. The less active Mining Index was up by a marginal 0.12% on firming RioZim and closed at 66.33pts for the week while, it sat at a cumulative year to date return of 13.37%. A bullish sentiment was prevalent across the board spurred in part by rising demand as...
Weekly 21.04.2017
21 April 2017 | published by: EFE Securities
The ZSE remained sturdy in the holiday shortened week in which the market had only three sessions due to the holidays. The rising momentum however maintained into the week with the benchmark Industrial Index climbing 0.41% and ending the week at 141.50pts as it narrows the year to date loss to a mere 2.10pts. The Mining Index charged 10.20% week on week and ended at 66.25pts buoyed by the surging RioZim which put on 18.79% and ended the week at a price of $0.4989. The week under review saw...
Weekly 13.04.2017
13 April 2017 | published by: EFE Securities
The ZSE remained sturdy in the holiday shortened week in which the market had only three sessions due to the holidays. The rising momentum however maintained into the week with the benchmark Industrial Index climbing 0.41% and ending the day week at 141.50pts as it narrows the year to date loss to a mere 2.10pts. The Mining Index charged 10.20% week on week and ended at 66.25pts buoyed by the surging RioZim which put on 18.79% and ended the week at a price of $0.4989. The week under review saw...
Weekly 10.03.2017
10 March 2017 | published by: EFE Securities
The ZSE closed the week mixed as main stream Industrial Index put on a cumulative 0.68% to 135.36pts while, the Mining Index shed 3.63% and closed at 53.66pts. The market losses come in the wake of the ongoing reporting season that saw AXIA and TRUWORTHS amongst others, releasing results for the year. So the reporting season has been rather subdued as companies continued to struggle as they contend with the difficult operating environment. In economic news, the government of Zimbabwe has...