Zimbabwe declares war on rising AI-driven fraud

Zimbabwe is launching nationwide free public Wi-Fi hotspots as it marks 46 years of independence, a move aimed at accelerating AI innovation.

Backed by a $1 billion valuation, Econet InfraCo’s historic listing on the Victoria Falls Stock Exchange signals a major shift in Zimbabwe’s investment landscape.

Under the new national outsourcing framework, the Treasury intends to target investor capital to boost digital inclusion and reduce connectivity costs.

In an emotional address at Econet Wireless Zimbabwe’s extraordinary general meeting, Strive Masiyiwa explained why Zimbabwe’s largest telecom operator is delisting from the stock exchange and unveiling a bold $3 billion AI and infrastructure expansion plan.

This week, a council was established to drive digital transformation and innovation in technology, ensuring that the library system evolves into a modern hub of knowledge and research.

Econet lures back seasoned exec Fayaz King to lead its infrastructure arm as the telecoms giant prepares a high-profile VFEX listing.

The staggering figure positions the transaction as potentially the largest IPO in the country's history, and one of the most consequential restructurings since the operator first joined the Zimbabwe Stock Exchange.

The Broadcasting Authority of Zimbabwe emphasised that children have the right to be protected from exposure to content that is harmful to their moral and psychological development.

The police said they are prepared to arrest offenders and impose $30 fines to those endangering themselves and others.

Tatenda Mavetera, the ICT minister, believes the Econet Industrial Park holds significance for the country's digital objectives, notably artificial intelligence.

The mobile operator built 103 base stations around the country in the third quarter of last year in a bid to boost coverage.

The business advised shareholders on Tuesday to continue exercising caution while dealing with the company's securities until a circular on delisting is published.