Econet registers lower revenues & 41% decline in profits in latest financial results

By Nigel Gambanga Econet Wireless Zimbabwe has released its annual financial results. The operator has registered lower revenues and a 41% decline in profit. After tax profits stood at $70 million and revenues came to $746 million. Broadband and mobile money have contributed 22% to the operator’s performance and voice revenue continues to fall. …read more

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