Econet plans $200m investment

Telecommunications giant Econet Wireless is looking forward to investing $200 million in the next few years in its Zimbabwean operations as it seeks to fortify its hold on one of Africa’s phenomenally growing markets, the company’s marketing manager has said.

Econet marketing manager Isaiah Ningari told business delegates at the ZITF International Business Conference organised by the National Economic Consultative Forum on Wednesday that his company would be investing in boosting the coverage.

“As an operator we have invested nearly $600 million in the past ten years but most of the investment happened in the last two years.

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