Econet Wireless Zimbabwe plans to pay 0.73 US cents for every share held. To cash in on this deal for the year ending February 28, you'll need to have shares by March 18, 2025. Last year, they gave shareholders less money—just 0.55 cents per share. The big phone company decided folks deserved a bigger piece of the pie this time.
Last year's payout totaled $15 million, landing in bank accounts after April 3, 2024. Anyone on the shareholder list by March 28 received their cash. The company makes good money and has plenty of extra cash to share. The bosses feel pretty upbeat about making even more money moving forward.
Folks from outside the country need special permission to collect these payments. Government rules require approval before sending dollars abroad. The company says you can grab your money through EcoCash if that works better for you. Last December, shareholders got another payout of 0.36 cents per share.
Before that, the company handed out 0.41 cents and 0.26 cents in earlier payment rounds. By connecting phone networks with money transfer services, Econet created new business opportunities. This smart move helped them grow faster and develop new products. They keep changing what they offer as customers want different things.
The phone giant keeps adding cool new tech to improve its work. Crews work daily upgrading equipment and bringing 5G service to more places. When all the upgrades are finished, everything will run faster with fewer problems. Computer systems will soon answer customer questions and monitor how everything works.
People used their phones for way more internet stuff last year, jumping 56 percent. Regular phone calls went up 36 percent during the same time. All those network improvements made handling the extra traffic possible. Internet services bring home 47 percent of all money made, way up from 38 percent before.
Regular phone calls now bring in just 41 percent of cash, down from 49 percent earlier. The company plowed 26 percent of all money earned back into buying new equipment, a huge jump from the 10 percent they spent before. These days, customers want fewer normal calls and more fancy internet services.
The company knows it must dream up new ideas and buy the right equipment. Making customers happy stays job number one through all these changes. Growing its networks costs foreign money but keeps it ahead of other companies. Better services depend on continuing to pump money into these improvements.
Last year's payout totaled $15 million, landing in bank accounts after April 3, 2024. Anyone on the shareholder list by March 28 received their cash. The company makes good money and has plenty of extra cash to share. The bosses feel pretty upbeat about making even more money moving forward.
Folks from outside the country need special permission to collect these payments. Government rules require approval before sending dollars abroad. The company says you can grab your money through EcoCash if that works better for you. Last December, shareholders got another payout of 0.36 cents per share.
Before that, the company handed out 0.41 cents and 0.26 cents in earlier payment rounds. By connecting phone networks with money transfer services, Econet created new business opportunities. This smart move helped them grow faster and develop new products. They keep changing what they offer as customers want different things.
The phone giant keeps adding cool new tech to improve its work. Crews work daily upgrading equipment and bringing 5G service to more places. When all the upgrades are finished, everything will run faster with fewer problems. Computer systems will soon answer customer questions and monitor how everything works.
People used their phones for way more internet stuff last year, jumping 56 percent. Regular phone calls went up 36 percent during the same time. All those network improvements made handling the extra traffic possible. Internet services bring home 47 percent of all money made, way up from 38 percent before.
Regular phone calls now bring in just 41 percent of cash, down from 49 percent earlier. The company plowed 26 percent of all money earned back into buying new equipment, a huge jump from the 10 percent they spent before. These days, customers want fewer normal calls and more fancy internet services.
The company knows it must dream up new ideas and buy the right equipment. Making customers happy stays job number one through all these changes. Growing its networks costs foreign money but keeps it ahead of other companies. Better services depend on continuing to pump money into these improvements.
