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Econet

Econet wants to buy South Africa's Neotel

11 May 2016 | 3260 Views
JOHANNESBURG - Econet Wireless Global and subsea cable operator Seacom are courting Neotel with the view to a potential acquisition, it was reported on Tuesday. The news comes after Vodacom was forced...
by moneyweb

Mobile operators to be penalised for poor network

09 May 2016 | 3305 Views
THE government has gazetted quality of service regulations that will penalise mobile operators who offer shoddy services to subscribers.Minister of Information, Communication and Technology an...
by Nqobile Tshili

Econet launches massive consumer promotion

06 May 2016 | 2843 Views
Zimbabwe's biggest telecommunication service provider, Econet Wireless yesterday launched its biggest ever consumer promotion, 7X, which will see customers getting 700 percent free bonus airtime every...
by Business Reporter

Econet introduces Ecocash airtime credit service

28 April 2016 | 4447 Views
Econet Wireless Zimbabwe has introduced airtime credit service via EcoCash to assist users in times of emergency. The innovation which is the first of its kind in Zimbabwe, means that an E...
by Staff reporter

Econet Media Becomes the NBA's Largest Partner Ever in Africa

21 April 2016 | 5183 Views
JOHANNESBURG AND NEW YORK, April 21, 2016 – The National Basketball Association (NBA) and Econet, a multinational, diversified telecommunications group, today announced a multiyear partnership to pr...
by Agencies

No room for new mobile licenses in Zimbabwe

05 April 2016 | 4381 Views
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says today it can no longer issue new mobile licenses due to limited spectrum.Zimbabwe has three mobile telecommunic...
by Staff reporter

Zimbabweans spend $500 million on airtime

27 March 2016 | 2592 Views
Zimbabweans spend over US$500 million on prepaid cellular phone air time yearly, representing over 85 percent of all ICT services expenditure.Cumulatively, over US$1,1 billion goes to airtime ...
by Staff reporter

Econet to embark on a massive retrenchment exercise

24 March 2016 | 6937 Views
Econet Wireless will embark on a massive retrenchment exercise as it streamlines its operations in the face of a tough business environment. The job cuts will be across the board and fundi...
by Staff reporter

Econet acquires English Premier League free-to-air rights in Africa

18 March 2016 | 3129 Views
The Premier League is pleased to announce that Econet Media has acquired the package of free-to-air broadcasting rights that it makes available in sub-Saharan Africa.The agreement is for the t...
by Sports reporter

Econet loses market share

18 March 2016 | 2579 Views
Zimbabwe's leading mobile network provider Econet Wireless (Econet whose revenues and profits significantly dropped last year lost 33% subscriber market share to its main competitor NetOne last ye...
by Staff reporter

Econet ventures into home security service

10 March 2016 | 2426 Views
Econet Wireless says it had diversified into home security service as the telecommunications operator seeks to widen income streams in the face of declining profitability from its core business. ...
by Staff reporter

Econet launches digital learning platform

04 February 2016 | 885 Views
Econet Wireless Zimbabwe has launched a digital-learning platform called "Ruzivo", an online interactive digital learning-platform targeted at both primary and secondary students to complement Governm...
by Business Reporter

Econet starts network upgrade exercise

26 January 2016 | 2650 Views
Listed telecoms firm Econet Wireless Zimbabwe has started upgrading its network in some parts of the country to enhance quality of service.According to Econet, the upgrade, which started Monda...
by Staff reporter

Zimbabwe mobile network penetration hits 92%

21 January 2016 | 1419 Views
ZIMBABWE'S mobile network penetration rate in the third quarter of 2015 increased by 1,3 percent to reach 92,8 percent.In its latest quarterly report, the Postal and Telecommunications Regulat...
by Oliver Kazunga

Strive Masiyiwa's Econet sheds $354 million in value

17 January 2016 | 2939 Views
TELECOMMUNICATIONS giant Econet Wireless Zimbabwe (EWZ) had $354 million of its value shaved off last year, tumbling from being second-biggest counter to the fourth largest by market capitalisation on...
by Enacy Mapakame

Public notice to all Econet customers

14 January 2016 | 7151 Views
Subscriber RegistrationEconet wishes to advise its valued customers to properly register their SIM cards with Econet in accordance with the Statutory Instrument 95 of 2014 which came into effe...
by Econet

Econet sues Zimbabwe telecoms regulator for R132 million

14 January 2016 | 3082 Views
ECONET Wireless has approached the High Court seeking an order compelling the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) to pay over $132 million in damages for losses inc...
by Staff reporter

NSSA, Econet dismiss Renaissance claim

11 January 2016 | 757 Views
THE $500 million damages claim brought by Renaissance Financial Holdings Limited and its subsidiaries against the National Social Security Authority, mobile network Econet Wireless Zimbabwe and others...
by Business Reporter

Free, live streaming of Copa Del Rey to Econet subscribers

15 December 2015 | 4749 Views
Econet Wireless group linked Internet Pay TV service, Kwesé TV, announced that it will be offering free, live streaming of Copa Del Rey action to Econet subscribers.Econet subscribers hav...
by Moyo Roy

Econet launches EcoCash Ta!

11 December 2015 | 3155 Views
Econet Wireless is not letting up on innovation, announcing yesterday it has launched a tap and go payment system called EcoCash Ta!The mobile network operator said that the service will enabl...
by Business Reporter

Econet get $300m loan from China

04 December 2015 | 2806 Views
Zimbabwe's only independent mobile operator - Econet Wireless Zimbabwe is set to get at least $300million out of the new loan facility of $500 million that Econet Global has negotiated with China ...
by Staff reporter

Econet not treating us as buddies

28 November 2015 | 1630 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 | 3608 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 | 6933 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 | 5528 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 | 4440 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 | 3248 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 | 4174 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 | 2190 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 | 5098 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 | 2276 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 | 4704 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 | 3995 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 | 1212 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 | 4558 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 | 2720 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 | 3149 Views
Econet employment termination letter. ...
by Staff reporter

Econet sponsors first ever NBA Basketball game on African soil

02 August 2015 | 5892 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 | 15057 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 | 6904 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 | 9949 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 | 8010 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 | 6959 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 | 2223 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 | 5848 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 | 4008 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 | 6594 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 | 13251 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 | 11428 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 | 18099 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

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