Zimbabwe telecoms’ ongoing fight for forex
Operators urgently require foreign currency to strengthen capacity to procure raw and packaging materials.
Jan 25, 2022
Econet’s Strive Masiyiwa now worth US$2.7bn
A 750% surge in Econet shares boosts entrepreneur’s net worth, according to Forbes report.
Jan 21, 2022
Vandalism piles on pressure for Zimbabwe’s telcos
Econet issues trading update and outlines challenges facing the industry.
Oct 19, 2021
Streaming services offer a lifeline to Zimbabwe’s struggling musicians
Services like Buddie Beatz and Gateway Music App offer revenue opportunity.
Aug 17, 2021
Econet’s network takes strain as forex shortage hits hard
Data and voice traffic volumes on company’s network have increased by 77% and 25% respectively during Q1 this year.
Apr 14, 2021
Zimbabwe banks fine-tune digital offerings as branches close
Banks seek to boost digital banking with zero-rated online and application platforms.
Dec 11, 2020
Zimbabwe’s Econet Wireless hikes tariffs
Company said adjustments are in response to inflation, local currency devaluation and increasing network input costs.
Dec 2, 2020
Data and optimised CRM balances out loss in earnings for Econet
Company expands digital customer management platforms amid COVID restrictions, limited access to Forex and power supply challenges.
Nov 26, 2020
Economically beleaguered Zimbabwe companies opt to skip #BlackFriday
Tech companies among those confirming decision to avoid promotional offerings.
Oct 16, 2020
Foreign currency respite for Zim telecommunication companies
Government introduces auction-based exchange rate regime as part of currency reforms.
Sep 16, 2020
Drop in subscriber numbers leaves Zim telcos scrambling
Companies may have to ramp up promotional activities as consumers continue to feel the economic pinch.
Apr 30, 2020
Econet asks suppliers to take 20% pay cut
Telecommunications firm appeals to suppliers to help it navigate tough operating conditions.
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