Low tariff costs dent Econet’s half-year performance
Telco reports a ZW$5,78bn loss in the first half of August.Stanley Karombo
Liquidity crunch blocks Econet’s 5G pipeline
While the tech firm has upgraded sites, and network capacity, the investments are limited and impacted by liquidity crunch said Chairman James Myers.
Telco traffic monitoring system another tax burden says Econet
Econet Wireless bemoans new tax obligation, despite a surge in data and revenue income according to its latest results.
Zimbabwe telecoms’ ongoing fight for forex
Operators urgently require foreign currency to strengthen capacity to procure raw and packaging materials.
Econet’s Strive Masiyiwa now worth US$2.7bn
A 750% surge in Econet shares boosts entrepreneur’s net worth, according to Forbes report.
Vandalism piles on pressure for Zimbabwe’s telcos
Econet issues trading update and outlines challenges facing the industry.
Streaming services offer a lifeline to Zimbabwe’s struggling musicians
Services like Buddie Beatz and Gateway Music App offer revenue opportunity.
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.
Zimbabwe banks fine-tune digital offerings as branches close
Banks seek to boost digital banking with zero-rated online and application platforms.
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.
Economically beleaguered Zimbabwe companies opt to skip #BlackFriday
Tech companies among those confirming decision to avoid promotional offerings.