The Econet Demerger In 3 Simple Diagrams

Econet Logo at their HQ

So as we have already reported in an earlier article: Econet is going ahead with its demerger. The process is quite technical and we are here to do the hand holding. Nothing says simple like a picture so below are diagrams showing exactily what is going to happen to Econet.The de-merger is a multi-step process but the diagrams.


Before we begin here are a few things to note

  • When we say Econet we are referring to Econet Wireless Zimbabwe Ltd (EWZL) which is listed on the Zimbabwe Stock Exchange
  • This entity has various subsidiaries (i.e. wholely separate companies) it owns and controls for example Ecocash and a little confusing Econet Wireless ( the guys that sold you your Econet phone line)
  • The company trading as Liquid Telecoms Zimbabwe (LTZ) is actually called Data Control and Systems (1996), it was also known Ecoweb and Ulimited Internet before that

What the Econet Wireless Limited Zimbabwe group looks like now

What Econet Looks like now
  • Above is the structure of Econet Wireless Zimbabwe Limited in All its glory
  • Unless explicitly stated EWZL has 100% of the subsidiary named

Econet After the Demerger

Econet After Demerger
  • This is what EWZL will be like after going forward with the demerger
  • Though technically not part of the demerger, EWZL is going to sell its entire stake in Data Control and Systems (1996) to Liquid Telecoms Holdings (LTH) in return for 10% stake in LTH

Wait where are Ecocash and Ecosure?


They are now part of a new company called Cassava Smartech Zimbabwe Limited

Cassava Smartech Zimbabwe Limited
  • This new entity will be listed separately on the Zimbabwe Stock Exchange
  • EWZL shareholders will receive commensurate shareholding in the new separate entity that is equivalent to their current shareholding

Quick NetOne, Telecel, Africom, Econet Airtime Recharge

Zimbabwe Stock ExchangeEconet Wireless ZimbabweLiquid Telecom

The Zimbabwe Stock Exchange Limited (ZSE) is a securities exchange regulated in terms of the Securities and Exchange Act (24:25) to provide for the listing and trading of securities. Securities are defined in the Securities and Exchange Act (24:25) to include shares, debt securities, depository... Read More About Zimbabwe Stock Exchange

Econet Wireless Zimbabwe, a subsidiary of Econet Wireless International, is the first and largest mobile network services provider in Zimbabwe. The telecoms giant became popular with its products and services such as Buddie. It has established branches in different corners of the country and enjoys... Read More About Econet Wireless Zimbabwe

Liquid Telecom is one of the fastest growing internet service providers in Zimbabwe in particular and Africa in general. It provides state of the art fibre internet which links Zimbabwe and the Southern African region to the outside world. The company is a subsidiary of... Read More About Liquid Telecom

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6 thoughts on “The Econet Demerger In 3 Simple Diagrams

  1. Where is ConnectedCar…the car tracking wing? Has it flopped so badly that EW is abandoning it?

    1. It’s still around, they are actually using it to track Vaya drivers and also for those who are signing up on Moovah there should be a package that includes car tracking

  2. The whole thing is just confusing to the man in the street. I can’t get heads or tails of it.

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