The full year ended 28 February 2025 was an eventful one for Econet Zimbabwe. The Group successfully completed the core network upgrade in the second half of the year, enabling a deeper offering of products. Developments that took place in the period included the commissioning of 77 base station sites, modernisation of 546 radio access sites and upgrading of 365 microwave access links. In addition, 60 5G sites were deployed nationwide in the last quarter of the financial year. The year also saw the re-integration of FinTech businesses into the group’s reporting. Under Mobile Network Operations, Data and Voice traffic grew 36% and 23%, respectively. Under the Fintech arm, Ecocash recorded an increase of 21% in transaction volumes whilst transaction values were up 210%, anchored by customer and wallet funding increases. Under the Insurance business, the Short-Term segment saw a 15% increase in motor and non-motor customers. At group level, revenue registered at ZiG15.92bn in historical terms.
