Strive Masiyiwa’s Econet Wireless to Delist, Spin Off Towers to VFEX

Econet Wireless Zimbabwe’s Big Move: Delisting, Unbundling, and What It Means for You

You have probably seen the confusing social media posts regarding what is happening with Econet Wireless Zimbabwe. The “smart people” and clever analysts have been throwing big words around, and you, much like everyone else, probably became bored quickly. That is mostly because one often does not understand half the jargon being used. However, what is happening is a significant development, and we feel more people need to understand and weigh in…

Strive Masiyiwa’s Econet Wireless to delist, spin off towers to VFEX

Econet Wireless Zimbabwe Limited (Econet), the telecom operator and flagship business controlled by Zimbabwe’s richest man, Strive Masiyiwa, has moved to voluntarily delist from the Zimbabwe Stock Exchange (ZSE), closing a long chapter as one of the country’s most closely watched public companies.The board’s decision follows years of frustration over valuation. Econet has consistently traded at a deep discount to African telecom peers, which typ…