Breaking News


Econet not treating us as buddies

28 November 2015 | 1099 Views
Gwanda residents have expressed anger at the giant mobile phone service provider Econet Wireless for not showing signs of wanting to invest into the commitment from the residents of the town. ...
by Staff Reporter

Econet barred from increasing tariffs

25 November 2015 | 2793 Views
ECONET Wireless (Pvt) Ltd mobile subscribers got a reprieve after the Administrative Court stopped the firm's bid to increase tariffs as clients are already reeling from high charges. Econet wanted to...
by Fidelis Munyoro

Econet shuts down, auctions subsidiary

24 November 2015 | 6042 Views
ECONET Wireless Global (EWG) has shut down and put on auction its water purifying company, Seldon Technologies, in a move blamed on negative economic performance. EWG is the holding company of the cou...
by Oliver Kazunga

Econet disconnects 1 million subscribers

16 November 2015 | 4782 Views
The country's largest mobile operator, Econet Wireless Zimbabwe, has disconnected one million unregistered lines.The lines were disconnected last week.Sources privy to the goings-on sa...
by Lovemore Meya

Econet to discontinue its philanthropic project

05 November 2015 | 3946 Views
ECONET will discontinue its philanthropic project to train young people in computer skills before the company has barely achieved half the initial set objectives due to budgetary concerns.At l...
by Staff reporter

Econet apologises over isiNdebele 'mistake'

22 October 2015 | 2970 Views
Zimbabwe's largest mobile phone operator Econet Wireless yesterday apologised to its subscribers after it sent a message to their phones with a wrong IsiNdebele spelling, torching a storm among some l...
by Nqobile Tshili

Econet in Ndebele spelling mistake row

21 October 2015 | 3856 Views
A SPECIAL good morning treat promotion by mobile telecommunications operator Econet Wireless turned into a public relations nightmare after a spelling mistake attracted ire from Ndebele speakers....
by Staff reporter

'Regulate mobile banking'

21 October 2015 | 2018 Views
Zimbabwe does not have a clear regulation that protects depositors' funds under mobile banking in the event that a telecommunications firm collapses. BAZ legal committee chairperson Aisha ...
by Staff reporter

Econet has paid $1.1 billion to Zimbabwe government

15 October 2015 | 4776 Views
ZIMBABWE's largest mobile network operator, Econet Wireless, says it has paid over $1.1 billion to fiscal revenues in various taxes and levies to Government, a contribution equivalent to 8% of the cou...
by Ndou Paul

Econet revenue fall by 17.7%

15 October 2015 | 1950 Views
Revenue for the period under review closed at $323 million, a 17.7% decline from prior year. Overlay services revenue, however, grew by 29.1%. Earnings Before Interest, Taxation, Depreciation and Amo...
by Ndou Paul

Econet takes 'Tap and Pay' to Zimbabwe

13 October 2015 | 4490 Views
Econet has taken Zimbabwe towards being a cashless society by introducing the Ecocash debit card, known as "Tap and Pay".Ecocash is a mobile money transfer service offered by Econet and the ne...
by ANA Reporter

Econet cuts 100 jobs

08 October 2015 | 3700 Views
Econet Wireless, Zimbabwe's largest mobile operator, said on Thursday it would immediately cut 100 jobs, citing a decline in revenue after the national telecoms regulator reduced tariffs charged by op...
by Reuters

Econet trains computer specialists

27 August 2015 | 1125 Views
Econet Wireless says it has invested towards training of 1 000 young people as specialist computer programme coders over the last 12 months despite the problems that continue besetting the economy...
by Staff reporter

New roaming tariffs released

17 August 2015 | 4287 Views
The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has come up with a new roaming tariffs structure as part of the roll out of the SADC home and away roaming glide paths pilo...
by Staff reporter

Zimbabweans to enjoy lower roaming tariffs

15 August 2015 | 2435 Views
Zimbabwean mobile telecommunication subscribers are set to benefit from lower roaming charges in the region after four Southern African Development Community (Sadc) states agreed to cut international ...
by Staff reporter

Econet employment termination letter

15 August 2015 | 2812 Views
Econet employment termination letter. ...
by Staff reporter

Econet sponsors first ever NBA Basketball game on African soil

02 August 2015 | 5275 Views
Econet Wireless founder Mr Strive Masiyiwa has said on Facebook that the wireless company is sponsoring "the first ever NBA Basketball game on African soil."The event will be held in Johan...
by Moyo Roy

Econet boss quits

31 July 2015 | 12237 Views
Econet Wireless Zimbabwe today announced the resignation of Stanley Henning from his position as Chief Commercial and Customer Service Officer. Stanley left his position on July 30 to pursue p...
by Ndou Paul

Billionaire promised MDC-T $1 million

26 July 2015 | 6599 Views
Econet Wireless founder Mr Strive Masiyiwa pledged US$1 million to support MDC-T's 2008 ill-fated election campaign, it emerged in court on Friday.The Sunday Mail reported that claims were ma...
by Staff reporter

Econet, Zimbabwe govt on a collision course

25 July 2015 | 8716 Views
The Zimbabwe government is on a collision course with Econet, the country's biggest mobile network operator over compulsory telecommunications infrastructure sharing.Information, Communica...
by Staff reporter

Econet join bandwagon, tell employees to immediately stop reporting for duty

23 July 2015 | 7718 Views
Econet Wireless handed letters of dismissal to several workers between Monday and yesterday, informing them to immediately stop reporting for duty since their contracts have been cancelled....
by Staff reporter

Zimbabwean mobile number portability faces glitches

21 July 2015 | 5262 Views
Zimbabwean operators are slow in adopting mobile number portability (MNP) as they are not opening up their numbering systems to subscribers intending to switch to other networks, according to ITWeb. I...
by Staff reporter

Workers Union, Econet clash over salary cuts

10 July 2015 | 1972 Views
Zimbabwe Banks and Allied Workers Union (Zibawu) is entangled in a bitter wrangle with Econet Wireless Zimbabwe (Econet)'s wholly owned subsidiary Steward Bank over the bank's decision to cut empl...
by Staff reporter

Econet, Telecel and NetOne get 90 day ultimatum

10 July 2015 | 5503 Views
Government has given mobile network operators a 90-day ultimatum to conclude and launch infrastructure sharing. This follows prolonged discussions which include consultations that started ...
by Staff reporter

Econet seeking 15% price cut from suppliers

08 July 2015 | 3763 Views
Econet Wireless Zimbabwe is seeking a 15 percent price cut from both international and local suppliers as part of the group's cost cutting measures.The group in a statement said a task force, ...
by Staff reporter

Econet launches mobile extension service

24 June 2015 | 6304 Views
Mobile telecommunications firm Econet Wireless last Friday launched a service that allows farmers to access extension services from experts through the phone.Dubbed "Dial-a-Mudhumeni", the se...
by New Ziana

Econet Wireless to be disconnected

23 June 2015 | 12753 Views
Econet Wireless is set to be disconnected by the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz).Potraz is targeting value-added services (VAS) due to auto registra...
by Staff Reporter

Econet cuts staff salaries by 35%

20 June 2015 | 10741 Views
ECONET Wireless, Zimbabwe's largest mobile phone company, is cutting salaries by 35 percent across the board starting in July. The cuts will also be felt at Econet's subsidiaries, Steward Bank, Mutare...
by Clemence Manyukwe

Econet to disconnect cellphone lines

17 June 2015 | 17195 Views
ZIMBABWE's largest mobile network operator with over 9 million subscribers, Econet Wireless Zimbabwe, says it will disconnect all Econet lines that have not been in use for the past six months effecti...
by Ndou Paul

Econet acquires Redan Gas

14 June 2015 | 7290 Views
ECONET Wireless Zimbabwe (EWZ) has acquired Redan Gas in a deal that is expected to broaden its renewable energy portfolio.Econet could neither confirm nor deny the transaction last week....
by Staff reporter

Liquid telecom launched free call service in Zimbabwe

14 June 2015 | 6235 Views
Liquid Telecom as subsidiary of Econet Wireless has launched free voice calls from 0867 to 0867 numbers. This is according to an advert in today's Sunday Mail....
by Staff reporter

Harare City Council demands closure of Econet Shop

05 June 2015 | 3866 Views
The Harare City Council has reportedly demanded the closure of the Econet Shop operating at Huruyadzo Shopping Centre so that the vendors should occupy the space where it has erected its booster....
by Stephen Jakes

Delta, Econet join Africa's top companies

03 June 2015 | 3461 Views
Delta and Econet have earned a place among top 250 companies in Africa, underlying the two companies strength despite the tough economic environment obtaining in the country. According to ...
by Staff reporter

Zimbabwe mobile telcos facing tough times

01 June 2015 | 3286 Views
Zimbabwe mobile telecoms operators are facing a tough financial year ahead with voice revenues and profitability likely to take a further knock as the government will effect a further voice tariff red...
by Staff reporter

Econet under attack for swindling customers through data bundles

01 June 2015 | 5726 Views
The Zimbabwe's largest mobile communication company Econet has come under fire for selling Facebook data bundles which last less than the period which they are prescribed to last amid threats by c...
by Stephen Jakes

Econet hikes data charges

29 May 2015 | 6204 Views
ECONET Wireless Zimbabwe has placed itself on a collision course with subscribers after it introduced a higher cost regime for social media bundles - making it the most expensive network provider in t...
by Oliver Kazunga and Molline Gagare

Econet profits plummet by 41%

21 May 2015 | 3501 Views
Econet Wireless reported a 41% drop in profits, dragged down by significant tariff cuts, punitive regulatory measures and a deflationary economic environment in the country. Profit for the year en...
by Staff reporter

Econet mulling a major restructuring exercise

17 May 2015 | 4852 Views
ECONET Wireless Zimbabwe (EWZ) is believed to be mulling a major restructuring exercise through which a sizable chunk of its workforce will be laid off while some business units will be consolidated i...
by Staff reporter

Woman impersonate Econet, to defraud unsuspecting clients

16 May 2015 | 2914 Views
A woman has been dragged to court for impersonating Econet and allegedly defrauding an unsuspecting client who paid a total of $38 which was meant for purchasing two solar lights and mobile phone....
by Stephen Jakes

'Econet stole my idea'

14 May 2015 | 7556 Views
Econet Wireless is likely to face a lawsuit after reportedly hijacking a mobile savings scheme targeting low-income women's grassroots groups.The company was recently embroiled in a media sto...
by Staff reporter

Harare demands cable rentals from Econet

13 May 2015 | 3270 Views
Cash-strapped Harare City Council has extended its fishing net to underground cables laid down by telecommunications firms and is demanding monthly rentals for the property. Council busine...
by Staff reporter

Econet unveils EcoCash Savings Club

07 May 2015 | 4892 Views
Mobile telecoms operator Econet Wireless has launched 'EcoCash Savings Club', a new mobile product to support savings groups across the country.According to Econet anyone registered on EcoCash...
by Staff reporter

Econet & Telecel: A tale of two telecoms companies

01 May 2015 | 3302 Views
Twenty years ago, in the mid-1990s, a young telecoms engineer came across an idea for the future and brought it to Zimbabwe.He wanted to operate a mobile telephone service business. It was unh...
by Alex Magaisa

Econet and Steward Bank: Corporate bullying with a huge stink

15 April 2015 | 2721 Views
I HATE bullies, be they human or corporate. Their intention is to instill the fear of God, mainly to avoid scrutiny. I had this feeling about Econet Wireless and Steward Bank in the past few weeks aft...
by Eliphas Taonezvi

MTN on the verge of expanding into Zimbabwe

13 April 2015 | 5613 Views
THERE are strong indications the MTN Group is on the verge of expanding to Zimbabwe where government has recently cancelled the operating license of the second-biggest mobile network operator....
by Savious Kwinika I CAJ News

Econet resume DStv Zimbabwe EcoCash payment plan

13 April 2015 | 3182 Views
The MulitChoice Zimbabwe popularly known as DStv EcoCash payment plan which was a few weeks ago temporarily discontinued has been resumed.This was revealed by Econet this week through me...
by Stephen Jakes

Econet in internet blackout

13 April 2015 | 2767 Views
ECONET subscribers in some parts of the country yesterday faced challenges communicating on the data network."I'm on Econet and have been trying to communicate on the internet but have bee...
by Staff reporter

Econet pays Nyambirai $40 million for cutting deals

10 April 2015 | 3532 Views
TN Holdings (now Lifestyle Holdings) founder and CEO Tawanda Nyambirai was reportedly paid a staggering $39.9 million by the country's leading telecoms giant Econet Wireless in September last year...
by Staff reporter

Journalists petition Econet over media raid

09 April 2015 | 3286 Views
More than 100 journalists under MISA-Zimbabwe and ZUJ today submitted a petition to Steward Bank and Econet Wireless expressing their disapproval of the two companies' raid on the Source news age...
by Thobekile Zhou

'The Source' hits brick wall in Econet case

08 April 2015 | 3139 Views
A BID by Source-Net (Pvt) Ltd - a Reuters-affiliated business news agency, whose newsroom was raided by Econet recently - to have the matter referred to the Constitutional Court last week hit a brick ...
by Daniel Nemukuyu

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