Econet wins top HR awards

HARARE - ECONET Wireless Zimbabwe has demonstrated its stellar organisational capabilities by bagging top global and national awards for outstanding human capital development.

The company was recently awarded the top SMI (Success Motivation International) World Client of The Year prize in the USA, in recognition of its immense investment in employee development and adherence to global people management practices.

Barely a week later, Econet — the largest telecom, media and technology company in Zimbabwe with over 10 million connected customers — won the HR Technology Award, as well as the HR Manager of the Year Award (2017), at the Institute of Personnel Management of Zimbabwe (IPMZ) Human Resources Excellence Awards dinner held in the capital at the weekend.

This year’s award winners were selected from a pool of over 200 local business and public entities that included beverages giant Delta Corporation, diversified investment and financial services company FBC Holdings, leading medical aid society Cimas and City of Harare, among many others.

Speaking after receiving the SMI World Client of The Year award, Econet CEO Douglas Mboweni said he was elated and at the same time humbled by the global recognition.

“I am thrilled and at the same time humbled to receive this global award on behalf of my company, considering that it is drawn from organisations from all over the world,” said Mboweni, whose company employs about
2 000 people in Zimbabwe, excluding franchise dealers, product re-sellers and agents that directly benefit from the Econet business.

“I am mindful of the fact that the measurement criteria for this award is standard across the globe, and so it gives me great joy for our company to emerge at the top of a such a strong global field,” said Mboweni, who addressed over 400 entrepreneurs among the delegates in Waco, Texas, drawn from over 80 countries.

According to the SMI, the award measures people investment and its impact on company performance.

Mboweni said through the SMI leadership, peak performance and personal development programme, Econet had managed to train close to 400 staff members and succeeded in instilling a culture of curious inquiry, problem solving, personal self-mastery and disciplined goal-setting, which increased individual productivity, and drove organisational performance.

Zimbabwe telecom industry data has repeatedly shown Econet outperforming its peers, with the 2017 Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)’s annual sector report revealing that Econet’s revenue market share grew by nine percent to 84,2 percent at the end of 2017, up from 75,2 percent at the end of 2016.

At the IPMZ Human Resources Excellence Awards in Harare, Econet was also a runner-up in the Business Partner and the People Development and Impact award categories.

Notably, it was the second year running that Econet has won the HR Technology Award.

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