Zimbabwe Stock Exchange (ZSE) leading stockbroking firm EFE Securities has revealed that three benchmark indices ended the mid-week session in marginal losses as the All Share and the Industrial Indices slipped a similar 0.02% to 112.84pts and 379.49 points apiece. The Top Ten Index lost 0.04% to close
Diversified telecommunications and media group, Econet Wireless Zimbabwe is eying dominance in the insurance sector after announcing its entry into the Insurance and Pension Commusion (IPEC) regulated industry yesterday. Econet's signaled its move into one of Zimbabwe's most lucrative sectors through its new innovative short term
Zimbabwe's leading mobile network operators (MNOs) yesterday complied with a Postal and Regulatory Authority of Zimbabwe (Potraz) directive to slash mobile Internet data tariffs by 60%. Potraz announced last month that it has revised data tariffs through a new Long Rung Incremental Costing model which outlines
HARARE – May 30, 2018. Econet Wireless Zimbabwe Limited has announced impressive full year financial results to February 28, 2018, driven by the company’s aggressive pursuit of non-traditional telco products. The company reported US$ 831.6 million top line revenue for the year, a 34% increase from
The Postal and Telecommunications Regulatory of Zimbabwe (POTRAZ) has instilled a sense of unity and purpose amongst telecom operators in a move set to improve information access across the country's ten provinces. Last week, POTRAZ brought together all the operators including Econet, Telecel, Powertel, Netone and
ZimSwitch has announced the suspension of Swipe into Ecocash facility from their platform after failing to find a solution to transaction challenges raised by the industry, 263Chat can exclusively reveal. In a letter to Steward Bank, who runs the facility on behalf of EcoCash, ZimSwitch General Manager,
A Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) top official has jumped to the defense of the telecommunications giant, Econet Wireless over allegations that they are infringing on Intellectual Property Rights of young companies and individuals saying most of the claims remain theories that
Zimbabweans using the popular micro-blogging platform, Twitter went into an overdrive over the weekend reacting harshly to a tweet by philanthropist and Econet Wireless founder, Strive Masiyiwa's wife, Tsitsi over a tweet she posted on her account challenging people to be more productive with time. The
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has raised the benchmark on mobile network operators NetOne, Econet and Telecel to deliver acceptable quality of services to consumers. The regulator launched countrywide consumer education and awareness campaigns at the beginning of this year, targeting
The emergency of mobile money platforms headlined by EcoCash, OneMoney and Telecash- in order of market share has turned tables on banks as the mobile network operators took centre stage in driving financial inclusion in the country. The mobile money revolution has swept across both the
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