Econet ups 5G ante, sees opportunities in emerging tech

The unveiling of O’mari platform has heightened fintech competition in Zimbabwe, a market that is dominated by Econet’s EcoCash, and Innbucks.

The regulator approved an industry-wide 50 percent tariff increase in February and another 50 percent effective April 1, 2023 for telecom products and services.

Zimbabwe, which has been battling run-away inflation, is hoping to stabilise the local unit with the digital currency.

Political parties in Zimbabwe have amplified communications ahead of the August polls, which has led to unsolicited messages being sent out to citizens.

The fintech says safety remains a top priority, and the drive-thru idea proved to be the safest and most convenient option for its customers.

Zimbabwe's mobile penetration rate is expected to increase to 75.4 % by 2025 from the current 61.3%.

Mcebisi Jonas is being impersonated as false representatives reach out to the public requesting funding towards MTN foundation projects.

The National Summary Data Page will serve as a one-stop publication for disseminating data on Zimbabwe's economy.

Phase one of the 60 sites where the solution that delivers SD-WAN from the cloud, will soon be implemented in Zimbabwe.

Ericsson will upgrade the telco’s existing Evolved Packet Core network to cloud-native dual-mode 5G Core, as well as upgrade the Unified Data Management solution.

Liquid Intelligent Technologies and Econet Zimbabwe have welcomed the development.

Company teams up with BCX to roll out a fibre network expansion project.