TELECOMS & TECHNOLOGY

Econet continues to lead Zimbabwe mobile telco space

THE mobile telecoms industry continued to register subscriptions growth despite the challenges the industry and the entire economy face, underlining the importance of communication.The total number of...

By Staff reporter | Published: 11 October 2019

TELECOMS & TECHNOLOGY

Econet subscribers complain about nuisance texts

Econet subscribers have criticised the mobile firm for unsolicited messages advertising its Sasai App.  Sasai is a chat and payments application regarded as a challenge to the dominance of WhatsA...

By Staff reporter | Published: 11 October 2019

TELECOMS & TECHNOLOGY

Customers rebel against Econet promo

In a development that could redefine the relationship between consumers and various service providers, Econet subscribers made an unprecedented uproar against unsolicited messages from the company adv...

By Staff reporter | Published: 10 October 2019

TELECOMS & TECHNOLOGY

Econet foresees brighter future for Zimbabwe

THE country's largest telecommunications firm, Econet Wireless Zimbabwe, believes that the country will conquer the immediate economic setbacks and attain a brighter future.  Group chairman, Dr J...

By Staff reporter | Published: 03 July 2019

TELECOMS & TECHNOLOGY

Econet swings to $106,4m loss after tax

Econet Wireless Zimbabwe Limited (EWZL) posted a loss after-tax of ZWL$106,4 million in the year ended February 28, 2019, from a profit after-tax of ZWL$132,3 million recorded in 2018 following the un...

By Staff reporter | Published: 02 July 2019

TELECOMS & TECHNOLOGY

Econet data bundle price hike largely expected

The country's largest mobile network operator Econet Wireless Zimbabwe has adjusted its data bundle tariffs upwards in a move that was largely expected, following  State-owned competitors NetOne ...

By Staff reporter | Published: 01 May 2019

TELECOMS & TECHNOLOGY

'The future of industry is digital'

LISTED technology services firm, Cassava Smartech Zimbabwe, has challenged manufacturing industries in the country to embrace digital platforms and modern ways of doing business to match global trends...

By Staff reporter | Published: 29 April 2019

TELECOMS & TECHNOLOGY

Econet showcases smart, cutting-edge products

LEADING mobile network operator Econet Wireless is back at the Zimbabwe International Trade Fair (ZITF) this year showcasing its growing range of smart consumer and business products to an even wider ...

By Staff reporter | Published: 26 April 2019

BUSINESS NEWS

Econet unit launches instant loan platform

CASSAVA Smartech banking unit, Steward Bank and Ecocash yesterday launched a platform where Econet mobile network subscribers will be able to open bank accounts through cell phones in a minute. Codena...

By Staff reporter | Published: 06 December 2018

BUSINESS NEWS

Econet Wireless sues subscriber for $235,000

ECONET Wireless (Pvt) Ltd has petitioned the court seeking an order to compel a Victoria Falls resident, Lwiza Ngwenya to settle a $235 870 debt.According to court papers, Ngwenya is said to have sign...

By Staff reporter | Published: 03 December 2018

TELECOMS & TECHNOLOGY

Shareholders approve Cassava demerger, separate listing

SHAREHOLDERS of Econet Wireless have approved the demerger of Cassava SmarTech from Econet Wireless Zimbabwe Limited, paving the way for the listing of a new diversified technology business called Cas...

By staff reporter | Published: 03 December 2018

BUSINESS NEWS

Strive Masiyiwa upbeat about Econet offshoot

Econet Wireless founder Strive Masiyiwa says spinning off Cassava Smartech from the telecoms business will attract a different type of investor to the ones who have traditionally invested in the telec...

By Staff reporter | Published: 25 November 2018

ZSE TODAY

Econet share price tanks

ECONET Wireless Zimbabwe Limited's (EWZL) saw a 32,4% dip to its share price to $1,6531 as of the end of yesterday's trading as the market re-evaluated the company due to it unbundling its financial t...

By Staff reporter | Published: 22 November 2018

TELECOMS & TECHNOLOGY

Econet declares $20 million dividend

TELECOMMUNICATIONS provider Econet Wireless Zimbabwe has declared a dividend of 0.772c per share amounting to $20 million for the quarter ended May 31, 2018.The shares will trade cum-dividend till Jul...

By Staff reporter | Published: 20 July 2018

POLITICS

Zanu-PF, Econet dragged to court

A Masvingo lawyer has taken the Zimbabwe Electoral Commission (ZEC), Zanu PF and its Gutu West candidate John Paradza as well as mobile telecommunications services provider Econet Wireless to court af...

By Staff reporter | Published: 13 July 2018

TELECOMS & TECHNOLOGY

Econet takes stock of investments

ECONET Wireless Zimbabwe has channeled over $3,2 billion in sourcing goods and services from local industries including small to medium enterprises over the past 20 years.Group chief executive officer...

By Staff reporter | Published: 12 July 2018

TELECOMS & TECHNOLOGY

Econet strengthening industry lead

The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)'s 2018 first quarter (Q1) sector report shows Econet Wireless maintained its customer and revenue market share lead on the b...

By Staff reporter | Published: 11 July 2018

TELECOMS & TECHNOLOGY

Econet steps up Kwese iflix roll out

Econet Wireless has literally thrown all men forward and mounted an all-out attack on the market to ensure it wins an early victory in the video-on-demand game with Kwese iflix.Last Friday the company...

By Staff reporter | Published: 30 June 2018

TELECOMS & TECHNOLOGY

Econet secures an insurance licence

The Insurance and Pensions Commission (Ipec) has granted Econet's request to register an insurance firm, Econet Insurance Limited, fulfilling the company's long-standing ambition of becoming an integr...

By Staff reporter | Published: 22 June 2018

TELECOMS & TECHNOLOGY

Econet payroll moved to Ecocash

ECONET Wireless Zimbabwe has started paying its staff through EcoCash in what the telecommunications giant says is to spare its employees from the hassle of spending time in bank queues.In a statement...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

Econet unveils EcoCash business wallet

Econet's mobile money service Ecocash, has unveiled the Ecocash Business Wallet to cater for both formal and informal businesses, becoming the first in Africa to have an enterprise transaction service...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

Econet blocks EcoCash lines

Econet Wireless has reportedly blocked agent lines for some of its clients over alleged hoarding and selling of cash. Affected Econet agents who spoke to The Herald in Kwekwe and Gweru said they were ...

By Staff reporter | Published: 11 June 2018

TELECOMS & TECHNOLOGY

Econet completes HQ solar installation

Econet Wireless Zimbabwe (EWZ), the country's largest telecom and technology company, has completed the installation of a solar power system at its head office in Msasa, Harare.The 99.9KW solar system...

By Staff reporter | Published: 10 June 2018

TELECOMS & TECHNOLOGY

Econet reports $831m topline revenue

ECONET Wireless Zimbabwe has reported impressive $831,6 million top line revenue for the full year ended 28 February 2018, a 34 percent increase from the $621,7 million reported in the prior year.Buoy...

By Staff reporter | Published: 04 June 2018

TELECOMS & TECHNOLOGY

Econet in $50m debenture poser

ECONET Wireless Zimbabwe is desperate to find a quick solution to circumvent regulatory challenges which have hampered plans to list $50 million debentures on an external securities exchange to protec...

By Staff reporter | Published: 04 June 2018
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