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*Econet shares drop by one third of valuation* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?kr The shares of telecoms giant Econet Wireless Zimbabwe (EWZ) dropped by 33 percent during the week. The company’s shares closed at $0.08 (8 cents). Investors seem to be jumping ship after Econet Wireless Zimbabwe announced its plans to raise $130 million, with shareholders supposed to make payments outside the country. Econet’s losses contributed to the Zimbabwe Stock Exchange losing 2,67 percent during the same week. Market capitalisation also dropped by 2,55 percent to close at $3,915 billion. Additionally, the total market turnover declined by 30 percent to $1,55 million with average daily trades of $310,152 in the week under review. ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- More: The Source itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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