Econet Wireless Zimbabwe Limited Econet , the telecom operator and flagship business controlled by Zimbabwes richest man, Strive Masiyiwa, has moved to voluntarily delist from the Zimbabwe Stock Exchange ZSE, closing a long chapter as one of the countrys most closely watched public companies.
The boards decision follows years of frustration over valuation. Econet has consistently traded at a deep discount to African telecom peers, which typically command 6 to 8 times EV/EBITDA after spinning off and monetizing their tower infrastructure. Econet, by contrast, retained ownership of its towers and other passive assets, a structure that investors struggled to value within Zimbabwes local-currency market.
Separating towers to unlock value
