Telecommunications giant, Econet Wireless Zimbabwe says the shortage of foreign currency on the market has adversely affected its capacity to service its network foreign suppliers as well as implement much needed network maintenance and expansion. The situation has been worsened by the persistent power cuts that
The Zimbabwe Stock Exchange (ZSE) continued its rally in today’s session riding on positive sentiment in equities since the start of the year. The bourse endured a tumultuous 2022 as a result of a tight liquidity stance by monetary authorities in reaction to excessive money supply
Zimbabwean business mogul, Strive Masiyiwa has been appointed African Union (AU) Special envoy in the global mobilization of medical test kits and personal protective equipment (PPE) for African countries during the Covid-19 pandemic. Most African countries are facing serious shortages of essential medical and protective equipment
Telecoms company, Econet Wireless and beverage maker, Delta Corporation are the only two Zimbabwean companies to make it into Africa’s top 250 companies in 2020 , a pan-African publication, Business Africa Magazine has published. The survey ranks African or Africa-focused companies listed on public securities exchanges
Pay, chat and explore application, Sasai has incorporated 43 indigenous African languages in its system for the convenience of its diverse customer base across the region, 263Chat Business can report. By end of this month, the app will reach up to 50 African languages; bringing the
Econet Wireless has launched an all-new YoMix app, with a fresh, sleek interface and a revamped menu, laden with several new functions. The app retains its hallmark functionalities of creating personalized bundles of voice, data, SMS & Value Added Services, offering discounted YoMix bundle combinations, and
Econet has launched a ground-breaking, rural electrification programme worth millions of dollars under the name Ugesi Energy, that is set to help transform rural enterprises and create employment. Ugesi is the second Econet energy business following the successful launch two years ago of Distributed Power Africa
Human rights defenders, including Evan Mawarire, are among more than 130 people in Zimbabwe who have been arrested in relation to widespread protests, which began on 14 January 2019. The protests started after President Mnangagwa announced a 150 percent increase in fuel prices. The Zimbabwean authorities
Econet Wireless Zimbabwe (EZW) CEO Douglas Mboweni has called the company’s equity stake in Liquid Telecom Holdings, which is just under 10 percent, “a US$135 million forex reserve”. Speaking about the flip up which saw the company take up a stake in Liquid Telecom Holdings Mr
Media streaming service, Kwesé iflix, now has more than 5 million users in Zimbabwe and continues to grow rapidly, according to Econet Wireless Zimbabwe CEO Mr Douglas Mboweni, who says the platform had been a “runaway success” and was “the future” of the business. Mr Mboweni
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