Home › Econet Zimbabwe FY results hit by weak consumer spending
 

Keywords :   


Econet Zimbabwe FY results hit by weak consumer spending

2016-06-02 09:17:00| Telecompaper Headlines

(Telecompaper) Zimbabwean operator Econet Wireless said revenue in the year to 29 February fell 14 percent and net profit dropped 42 percent, as cash and foreign currency shortages have depressed consumer spending. The lack of cash has boosted its EcoCash mobile money service, though.

Tags: results hit consumer spending

Category:Telecommunications

Latest from this category

All news
»
17.05Union forming stalled in US Mercedes-Benz
17.05Johnson & Johnson Acquires Atopic Dermatitis Treatment Biotech Company
17.05Register For Sustainable Cosmetics Summit
17.05Fewer crackers in Ritz boxes but price remains same
17.05Eastern North Pacific Tropical Weather Outlook
17.05Boeing boss's $33m pay package approved
17.05Heifers and female cows remain hot topic at sale barn
17.05Dutch Boy Paints Introduces Professional Series at Menards
More »