Ecocash implements scheme of reconstruction

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FOLLOWING shareholder approval of the transfer of EcoCash Holdings Zimbabwe Limited (EHZL)’s fintech businesses to Econet Wireless Zimbabwe Limited (EWZL), management has extended voluntary and mutual separation offers to staff in EcoCash Holdings Zimbabwe Limited.

The move follows a scheme of reconstruction which was first announced by EWZL and EHZL at the beginning of the year and obtained EcoCash Holdings shareholder approval at an extra general meeting held on April 17 2024.

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