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Message: [QUOTE="Queen, post: 86779, member: 27"] A billion-dollar telecom giant is about to yank itself off the ZSE, and Zimbabwe’s capital markets might feel that punch instantly. Shareholders hold the trigger [LIST] [*]Econet Wireless Limited shareholders meet on February 26, 2026. [*]About 14,300 investors will decide the delisting outcome. [*]Econet Global Limited cannot vote on key resolutions. [*]Final numbers at the EGM will settle everything. [/LIST] The exit offer math [LIST] [*]Post-EGM, investors must pick between two paths. [*]One option keeps shares trading over the counter on VFEX. [*]The alternative pays US$0.17 cash per share. [*]InfraCo scrip at US$0.33 totals US$0.50. [/LIST] From startup to juggernaut [LIST] [*]Econet Wireless Limited secured a licence in 1997. [*]July 1998 marked its network launch. [*]September 1998 brought the ZSE listing. [*]Staff grew from 50 to 1,023 by 2025. [/LIST] Tech upgrades and subscriber surge [LIST] [*]3G arrived in 2010, enabling EcoCash in 2011. [*]Subscribers jumped from 1.2 million to 5.5 million. [*]TN Bank was absorbed in 2012. [*]5G rollout in 2022 preceded 16.8 million users. [/LIST] Market cap shockwaves [LIST] [*]Delisting slices roughly ZiG27 to 28 billion off ZSE. [*]InfraCo’s VFEX listing could add US$1 billion there. [*]Pension funds without USD access lose exposure. [*]FBC Holdings and CBZ Holdings trail far behind. [/LIST] Banking sector reality check [LIST] [*]All ZSE banks combine for about ZiG18.8 billion. [*]Active bank accounts total 7.53 million nationwide. [*]EcoCash’s scale dwarfs traditional lenders. [*]Structural limits in banking look glaring. [/LIST] What fills the gap [LIST] [*]Remaining ZSE counters seem smaller in pulling capital. [*]ETFs and REITs have drawn fresh investor appetite. [*]The market must expand or accept contraction. [*]Just 14,300 votes steer a nation-sized subscriber base. [/LIST] [/QUOTE]

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