James Myers

Low tariff costs dent Econet’s half-year performance

Telco reports a ZW$5,78bn loss in the first half of August.
Stanley Karombo
Jul 21, 2022

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.
Jul 14, 2022

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.
Dec 1, 2021

Econet scores as demand for broadband spikes in Zimbabwe

Data income growth outstrips voice as company leverages broadband demand.

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 2, 2020

Zimbabwe: Econet pushes for reduction in smartphone customs duties

Company lobbies authorities and cites opportunity to encourage more widespread adoption, increase smartphone penetration rate.

Strained capital investment impacts Econet

Company continues to pursue data revenue growth initiatives and partnerships with vendors.
Nov 9, 2018

Zimbabwe's smartphone penetration over 50%

Telcos say there is an increasing demand for smartphones and data services, despite hefty mobile data costs.
May 31, 2017

Econet Wireless steers investment towards data, content

Telco outlines strategy to offset a drop in 2017 revenues and profits.
Oct 31, 2016

Zimbabwe's Econet intensifies cost-cutting measures

Telco scales down capital expenditure intensity to 5.1% as profits, revenue takes a knock.
Jun 29, 2015

Zimbabwe: Econet confirms pay cuts

Telco has introduced cost-cutting measures introduced amid trying economic conditions.
Oct 24, 2014

Econet slows down as Zim economy stagnates

The telcos' revenues increased marginally by 4.2% to $392.3 million.