Econet posts $1,1 trillion loss
Expenses and costs for the period under review totalled $7,83 trillion, an increase of 110% from the 2023 comparative period.
By Tafadzwa Mhlanga
Jun. 2, 2024
Low tariffs threaten telecoms sector — Econet
Telecoms firms have in the past said the obtaining tariffs, approved by the industry regulator, have been outpaced by the cost of running the sector.
By Tatira Zwinoira
Aug. 22, 2023
Uneconomical tariffs, exchange losses weigh down Econet
Revenue rose to $339,16 billion during the period under from a 2022 comparative of $282,15 billion.
By Staff Reporter
Jun. 2, 2023
Low tariffs chew into Econet earnings
While the local currency took a battering, EWZ was unable to raise tariffs, its main source of revenue, in line with the depreciation leading to massive exchange losses for the firm.
By Tatira Zwinoira
Jun. 1, 2023
Econet posts $5,78 billion loss in H1
In its half-year ended August 31, 2021, Econet posted a profit after tax of $25,36 billion.
By Tatira Zwinoira
Nov. 21, 2022
