Econet Plans ZSE Exit

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Econet Wireless Zimbabwe plans to delist from the Zimbabwe Stock Exchange, citing persistent undervaluation relative to regional telecom peers. The company will restructure by spinning off its passive infrastructure into Econet Infrastructure Company Limited, to be listed on the Victoria Falls Stock Exchange. Econet will retain 70% ownership, with 30% earmarked for shareholder settlements. The strategy aims to unlock value and align with continental telecom best practice.