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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?qu 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. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- More: The Source _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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