By Eric Osiakwan The exit trail took an unusual turn in late December when African telecom Billionaire, Strive Masiyiwa, announced that Econet...
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Maroc - WN.COM - Africa - 12/Jan 14:38
By Eric Osiakwan The exit trail took an unusual turn in late December when African telecom Billionaire, Strive Masiyiwa, announced that Econet Wireless Zimbabwe Limited would delist from the Zimbabwe Stock Exchange, after years of trading at a steep valuation discount to regional peers, which trade at 6–8 times EV/EBITDA. He said “the decision forms part of a broader corporate restructuring aimed at unlocking value” as follows; 1. Spinning off its infrastructure assets into a new entity called Econet Infrastructure Company Limited (Econet InfraCo). 2. Econet InfraCo will hold its towers, real estate, and power assets, with 70% owned by Econet and 30% available for shareholder settlements. 3....
By Eric Osiakwan The exit trail took an unusual turn in late December when African telecom Billionaire, Strive Masiyiwa, announced that Econet...
M's trades at a steep valuation discount even as earnings estimates rise and management lifts guidance under its Bold New Chapter strategy.
M's trades at a steep valuation discount even as earnings estimates rise and management lifts guidance under its Bold New Chapter strategy.
CENT trades at a valuation discount as portfolio exits, margin expansion and e-commerce growth support a more profitable future.
CENT trades at a valuation discount as portfolio exits, margin expansion and e-commerce growth support a more profitable future.
AG is trading at a steep premium to peers and its historical levels, as rising costs, debt concerns, and Mexico-related issues weigh on the outlook.
AG is trading at a steep premium to peers and its historical levels, as rising costs, debt concerns, and Mexico-related issues weigh on the outlook.
Source: Econet installs 103 new base stations, eyes new product offerings – herald Sikhulekelani Moyo Zimpapers Business Hub ECONET Wireless...
Shareholders of Banks DIH Holdings Inc. will be asked at the company’s Annual General Meeting on January 31, 2026, to confirm an amendment to the...
Shareholders of Banks DIH Holdings Inc. will be asked at the company’s Annual General Meeting on January 31, 2026, to confirm an amendment to the...