Kwesé parent company Econet Media up for sale

Jamie McKane

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Kwesé parent company Econet Media up for sale

Econet Wireless Ltd. of Zimbabwe has put its media unit up for sale after saying earlier this month it would be closed because of a shortage of foreign currency in the country.

Ernst & Young Ltd. said in a newspaper advertisement on Friday that it will oversee offers for all or part of the company’s shareholdings in businesses in Botswana, South Africa, Zimbabwe, Lesotho, Zambia, Nigeria, Rwanda, Tanzania, Uganda, Malawi, Mauritius, Ghana, Kenya and Dubai.

[Bloomberg]
 
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