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Econet raises data and SMS bundle prices as currency weakens

Published 17 Jul 2019 13:06 CET | Zimbabwe

Econet Wireless Zimbabwe has revised its data bundle and SMS pricing upwards by between 30 and 50 percent, in line with the prevailing economic environment. The new data ...

Econet faces lawsuit over USD 1,500 rental arrears

Published 16 Jul 2019 14:36 CET | Zimbabwe

Local company Amasons (Private) is seeking court intervention after Econet Wireless failed to pay rent at one of its subsidiaries in central Harare, the New Zimbabwe ...

Zimbabwean govt plans to sell majority stakes in TelOne and NetOne by year-end

Published 15 Jul 2019 09:56 CET | Zimbabwe

The Zimbabwean government plans to complete the sale of its majority shareholding in state-owned telecoms company TelOne and its mobile subsidiary NetOne by year-end, The ...

Zimbabwean govt clears USD 20 mln debt to NetOne

Published 15 Jul 2019 09:53 CET | Zimbabwe

Zimbabwe's government has cleared a USD 20 million debt to NetOne and its partial privatisation is on course, as two regional telecoms firms have submitted bids for a ...

Zimbabwean active mobile subscriptions decline 6% to 12.13 mln in Q1

Published 15 Jul 2019 09:15 CET | Zimbabwe

The number of active mobile subscribers in Zimbabwe declined by 6 percent to 12.13 million during the first quarter of 2019 from 12.91 million in the fourth quarter of 2018, ...

NetOne FY net profit rises to USD 10.2mln in 2018

Published 15 Jul 2019 09:07 CET | Zimbabwe

Zimbabwean state-owned operator NetOne recorded a USD 10.2 million net profit in 2018 after a loss of USD 77 million in the previous year, driven by an increase in revenue ...

Huawei Zimbabwe sends 10 ICT students to study in China through Seeds for the Future

Published 12 Jul 2019 15:41 CET | Zimbabwe

Ten Zimbabwean ICT students are set to visit China under Huawei's incubation programme called Seeds for the Future.  The group is the fourth since 2015 when Huawei launched ...

Zimbabwean mobile money transactions rise 11.5% to USD 1.17 bln in Q1

Published 12 Jul 2019 11:23 CET | Zimbabwe

Zimbabwean mobile money cash-in transactions rose 11.5 percent to USD 1.17 billion in the first quarter of 2019 from USD 1.05 billion in Q4, said the Postal ...

Zimbabwean telecom revenue falls 13% to USD 249.88 mln in Q1

Published 12 Jul 2019 11:13 CET | Zimbabwe

Zimbabwe's telecommunications sector recorded a 13 percent decline in revenue to USD 249.88 million from USD 287.03 million in the fourth quarter of 2018 as costs in the ...

TelOne to charge 30% on outstanding debts not cleared by 15 July

Published 11 Jul 2019 16:51 CET | Zimbabwe

Zimbabwean operator TelOne has released a notice warning post-paid users that they risk spending more than they have to if they do not clear outstanding balances by 15 July, ...

Zimbabwe regulator Potraz to review domain name system framework

Published 09 Jul 2019 15:09 CET | Zimbabwe

The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) says it intends to review the current Domain Name System (DNS) framework for Zimbabwe. In an ...

Potraz boosts e-learning initiative with donations

Published 08 Jul 2019 15:08 CET | Zimbabwe

The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has donated 10 computers and 100 backpacks to five schools to complement the government's ...

Zimbabwean auditor-general raises concerns over NetOne's future

Published 08 Jul 2019 12:56 CET | Zimbabwe

Zimbabwe's Auditor-General Mildred Chiri has raised concerns over the ability of state-owned mobile firm NetOne to continue its operations, as many financial risks have been ...

NetOne marketing executive Ncube resigns

Published 08 Jul 2019 11:54 CET | Zimbabwe

Zimbabwe operator NetOne has announced the resignation of managing director for mobile financial services (MFS) Nkosinathi Ncube, Zim Techreview reported. Corporate services ...

Econet Wireless in talks with Roku over Kwese Play service

Published 05 Jul 2019 08:58 CET | Zimbabwe

Zimbabwean operator Econet says it is in discussions with Roku, a US-based OTT streaming platform, regarding the viability of the Kwese Play service. The operator denied it ...

Econet discontinues Kwese Play streaming service

Published 04 Jul 2019 12:55 CET | Africa, Zimbabwe

Econet Wireless has de-activated customers using its streaming service Kwese Iflix, reports TechnoMag. The service provider for Kwese Play is no longer supporting the devices ...

Potraz agrees base station construction deal with telecom firms

Published 04 Jul 2019 11:54 CET | Zimbabwe

The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has signed an agreement with mobile network operators for the establishment of new base stations ...

NetOne partners youth organisation to train software developers

Published 04 Jul 2019 10:21 CET | Zimbabwe

Zimbabwe operator NetOne has partnered youth leadership organisation Elevate Trust in training 75 local software developers in a programme that was launched by Google to ...

Zimbabwean govt and parastatals owe TelOne USD 93 mln in unpaid bills

Published 04 Jul 2019 09:43 CET | Zimbabwe

Zimbabwean operator TelOne trimmed its debtors' book by 7 percent from USD 162 million in 2017 to USD 151 million in 2018 but is still struggling to recover debts owed by ...

Econet Wireless FY net profit falls after Cassava spin-off but revenue rises

Published 03 Jul 2019 10:34 CET | Zimbabwe

Econet Wireless Zimbabwe suffered a decline in net profit declined to USD 106 billion in the year ended 28 February from USD 132 million the previous year, following the ...

Zimbabwe limits foreign ownership of TV, radio

Published 01 Jul 2019 13:25 CET | Zimbabwe

The Zimbabwean government has introduced a bill which will limit foreign ownership of television and radio stations, Zimtechreview. The proposed Broadcasting Services ...

TelOne revenue up 5% to USD 125 mln in 2018

Published 01 Jul 2019 10:08 CET | Zimbabwe

Zimbabwe operator TelOne reported 5 percent increase in its revenue to USD 125 million for the year ended 31 December 2018. The company recorded a decrease of 19.4 percent in ...

Stanchart expands digital banking to Botswana, Zambia and Zimbabwe

Published 28 Jun 2019 12:59 CET | Botswana, Zambia, Zimbabwe

Standard Chartered Bank has launched a digital bank in Botswana, Zambia and Zimbabwe as part of its digital transformation strategy in Africa. In Botswana and Zambia, it ...

Ecosure launches US dollar-denominated funeral insurance

Published 27 Jun 2019 11:14 CET | Zimbabwe

Cassava Smartech Zimbabwe's EcoSure has introduced US dollar-denominated packages to provide insurance cover without worrying about value erosion of their policies brought ...

ZOL Zimbabwe to start rolling over unused data in August

Published 25 Jun 2019 10:42 CET | Zimbabwe

Zimbabwean ISP ZOL has announced plans to start rolling over unused data with effect from 01 August, Techzim reported. The roll-over will apply to Fibroniks package, as ...

 

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