Econet Wireless

Zimbabwe telecoms’ ongoing fight for forex

Operators urgently require foreign currency to strengthen capacity to procure raw and packaging materials.
Stanley Karombo
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.

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.