Econet Wireless

Zimbabwe telecoms’ ongoing fight for forex

Operators urgently require foreign currency to strengthen capacity to procure raw and packaging materials.
Stanley Karombo
1:40
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.
1:50
Jan 21, 2022

Vandalism piles on pressure for Zimbabwe’s telcos

Econet issues trading update and outlines challenges facing the industry.
1:20
Oct 19, 2021

Streaming services offer a lifeline to Zimbabwe’s struggling musicians

Services like Buddie Beatz and Gateway Music App offer revenue opportunity.
1:20
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.
1:20
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.
2:10
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.
2:30

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.
2:30
Nov 26, 2020

Economically beleaguered Zimbabwe companies opt to skip #BlackFriday

Tech companies among those confirming decision to avoid promotional offerings.
2:20
Oct 16, 2020

Foreign currency respite for Zim telecommunication companies

Government introduces auction-based exchange rate regime as part of currency reforms.
2:30
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.
1:40
Apr 30, 2020

Econet asks suppliers to take 20% pay cut

Telecommunications firm appeals to suppliers to help it navigate tough operating conditions.