Econet is a world-class operation

The new board chairman for Econet Wireless Zimbabwe, James Myers, has described the company as a world-class operation that can stand "toe to toe" with operations from anywhere in the world.

The veteran American telecoms executive, who was once charged by the world's largest telecoms operator AT&T to open up its market in Africa, was speaking after he chaired an EGM that unanimously approved a "10 for 1" share split.

Myers said that it was no longer true that the best companies came from industrialised nations.