The development related to EcoCash (which is understood to have over eight million registered subscribers) is still subject to regulatory and shareholder approvals said Charles Banda, group company secretary for Econet Wireless.
In a cautionary statement on 28 September Banda said the company was considering "the demerger from the mobile network operations business, and the separate listing on the ZSE, of the company's financial technology business" which includes EcoCash and other related businesses.
The move to separately list EcoCash comes amid increasing pressure from the government to entrench interoperability among rival mobile money platforms.
In a cautionary statement on 28 September Banda said the company was considering "the demerger from the mobile network operations business, and the separate listing on the ZSE, of the company's financial technology business" which includes EcoCash and other related businesses.
