Business / Companies
Econet contributes $900m to economy since 2009
10 Apr 2014 at 10:22hrs | Views
Econet Wireless has contributed a cumulative $900 million to the local economy, an official has said.
Speaking during the tour of Econet's premises in Graniteside and Willowvale by Parliamentarians this afternoon, Econet chief executive officer Douglas Mboweni said Econet is the biggest contributor to the economy.
"We believe that we are one of the biggest contributors to the treasurer. Our economic contribution stands at over $900 million paid in various taxes, duties and levies since 2009," Mboweni said.
Econet Wireless over the years has provided the people with vast benefits.
He said the company has created employment for an estimated 20 000 through direct and indirect ways, social transformation through bursaries provided to over 100,000 underprivileged children and Infrastructural development.
Econet has also assisted in improving the country's financial Inclusion through Ecocash providing financial services to previously excluded communities.
Ecocash has brought banks to areas which has not been so priviledged to have them and has sice become the bases of life for many households, said Cuthbert Tembedza, EcoCash CEO.
Through their services such as Eco-Farmer, EconetHealth, EcoSchool and EconetSolar Econet has managed to keep in line with Zimbabwe's economic blueprint, ZimAsset.
Speaking during the tour of Econet's premises in Graniteside and Willowvale by Parliamentarians this afternoon, Econet chief executive officer Douglas Mboweni said Econet is the biggest contributor to the economy.
"We believe that we are one of the biggest contributors to the treasurer. Our economic contribution stands at over $900 million paid in various taxes, duties and levies since 2009," Mboweni said.
Econet Wireless over the years has provided the people with vast benefits.
He said the company has created employment for an estimated 20 000 through direct and indirect ways, social transformation through bursaries provided to over 100,000 underprivileged children and Infrastructural development.
Econet has also assisted in improving the country's financial Inclusion through Ecocash providing financial services to previously excluded communities.
Ecocash has brought banks to areas which has not been so priviledged to have them and has sice become the bases of life for many households, said Cuthbert Tembedza, EcoCash CEO.
Through their services such as Eco-Farmer, EconetHealth, EcoSchool and EconetSolar Econet has managed to keep in line with Zimbabwe's economic blueprint, ZimAsset.
Source - BH24
