Econet to partner Zimbabwe govt to improve economy

Econet Zimbabwe is prepared to work with Government in stimulating economic revival through spearheading investments that develops infrastructure and creation of jobs.

The company expressed its commitment to contribute to the fiscus through payment of taxes.

Group CE Douglas Mboweni unpacked the company's intention to grow and create value in the country.

Econet has spent about $900 million in the local economy through payment of various taxes, duty and levies since dollarisation. The company has also invested about $94 million towards the purchase of equipment.

Mboweni said more than 50 000 direct and indirect jobs have been created, more than 20 000 small business and has been sustained by the company and in excess of 25 000 young people are now employed selling airtime and other services.