‘Shareholders should back Econet’s delisting’

The country’s largest mobile network operator said retiring the older technologies would improve service quality, free up valuable spectrum, and align its network with global telecommunications trends.

ECONET Wireless Zimbabwe’s proposal to delist from the Zimbabwe Stock Exchange (ZSE) should be supported by shareholders as it is in their interests, experts have said. This comes as the proposal has triggered spirited debate among shareholders, policymakers and market analysts. The telecommunications giant believes that its shares are trading at a significant discount to its…

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