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Econet

'Zim telecom companies overcharging consumers'

25 August 2014 | 2165 Views
RATES being quoted by telecommunication companies no longer reflect the cost of providing the services given changes that have taken place since inception of the tariffs, the industry's regulatory bod...
by Staff reporter

Econet offers TeleCash employees double salary

21 August 2014 | 3211 Views
The battles between Zimbabwe`s largest mobile network operators are far from over; with a new cold war at tipping point. Econet Wireless Zimbabwe has been blamed for fishing directly in Telecel's sk...
by Tonderai Rutsito Tech Talk

Strive Masiyiwa's next challenge

19 August 2014 | 3923 Views
SPEAKING at a microfinance symposium in Turin, Italy, recently, Econet Wireless founder Strive Masiyiwa recalled the ruling by the judge who gave him a licence in 1998 saying that "70 percent of peopl...
by Staff reporter

Econet gets $150 million Afreximbank loan facility

07 August 2014 | 2528 Views
Econet Wireless Global has secured a $150 million loan facility from African Export-Import Bank to expand its operations.In a statement, Afrexim bank said Econet would use the funds to expan...
by Staff reporteer

Dstv Zimbabwe is giving customers a raw deal - WhatsApp update

06 August 2014 | 3309 Views
Please note that Bulawayo24 does not edit WhatsApp updates. We publish them as sent by our readers and we do not disclose the sender's telephone number....
by Concerned Citizen

'Econet will not engage in price wars,' says Mboweni

01 August 2014 | 4013 Views
Econet Wireless Zimbabwe has indicated that it will not engaging in price wars following the slashing of prices by its competitors, group CE Douglas Mboweni told an AGM today.Mboweni sai...
by Staff reporter

Econet drives towards cashless society

30 July 2014 | 3433 Views
Econet Wireless Chief Executive Officer Douglas Mboweni has predicted that Zimbabwe will be the most "cashless" country in Africa by the end of this year.Speaking at the launch of the company'...
by Staff reporter

EcoCash launches Mobile Money Companion Debit Card in Zimbabwe

30 July 2014 | 4428 Views
Econet's Mobile Money service, EcoCash, today announced a landmark agreement with MasterCard that will significantly assist in reducing cash dependence and increase financial inclusion through the pro...
by Staff reporter

Econet dismiss Zimra investigations report as false and defamatory

25 July 2014 | 2347 Views
The Financial Gazette (24/7/2014) carried an article that makes false and defamatory allegations against Econet Wireless concerning the importation of base stations. The person referred to in the ar...
by Press release

Econet embroiled in tax dispute with Zimra

24 July 2014 | 3185 Views
THE Zimbabwe Revenue Authority (ZIMRA)'s tax dragnet has swooped on telecommunications giant, Econet Wireless Zimbabwe, which is now embroiled in a tax dispute with the country's revenue collector o...
by Staff Reporter

Econet deregisters Telecash agents

16 July 2014 | 2872 Views
ECONET Wireless is reported to have started deregistering its Ecocash agents who have been doubling as agents for its rival, Telecel Zimbabwe which is operating Telecash.Telecel launched its ...
by Lovemore Zigara

'Zimbabwe mobile call tariffs 30% high,' says Potraz

13 July 2014 | 2629 Views
Mobile call tariffs are about 30 percent higher than what service providers should charge according to a telecoms cost modelling study done by the Postal and Telecommunications Regulatory Authority of...
by Staff reporter

Unregistered subscribers will be disconnected today

12 July 2014 | 3679 Views
THOUSANDS of unregistered mobile phone subscribers will be disconnected by their service providers today while those who lose their Sim cards will now be required to produce a police report to recover...
by Patrick Chitumba

Econet suffers internet blackout

10 July 2014 | 4922 Views
ECONET subscribers in Bulawayo and some parts of the southern region were left stranded after they failed to access internet services following a fault in the company's signal links.The inter...
by Pamela Shumba

Econet threatens to cut off unregistered subscribers

09 July 2014 | 3046 Views
Econet Wireless has warned its unregistered subscribers that they risk been cut off on July 13 as it attempts to comply with regulations set out by Potraz.The telecommunication firm has the hi...
by Staff reporter

Econet in trouble with authorities

30 June 2014 | 3567 Views
TELECOMS giant Econet is under fire over unsolicited text messages it is sending to subscribers, with the Postal Telecommunications Regulatory Authority of Zimbabwe (Potraz) saying it was looking int...
by Pamela Shumba

Beer, Econet only attractions in Zimbabwe

27 June 2014 | 2864 Views
Zimbabwe's deteriorating economy and a stock market that's fallen more than any other in Africa this year are doing nothing to scare off one of South Africa's biggest money managers. Allan Gra...
by Bloomberg

Econet partners with Apple

24 June 2014 | 6798 Views
Econet Wireless has entered a partnership with multinational mobile phone manufacturer Apple and is now an exclusive provider of its products in Zimbabwe.The company has other partnerships wit...
by Staff reporter

Econet under investigation

13 June 2014 | 5636 Views
THE Competition and Tariff and Commission (CTC) has started gathering information which may result in a fully-fledged investigation on alleged uncompetitive behaviour by Econet Wireless.CTC ha...
by Tinashe Makichi

Econet to launch a new call centre

13 June 2014 | 2769 Views
Econet Wireless is implementing a highly advanced call centre system which will enable its contact centre operators to monitor feedback and conversations on both social network and cellular commun...
by Staff reporter

Econet to launch pay TV service?

10 June 2014 | 6768 Views
Econet Wireless will be launching a new subscription and "pay as you go" TV service called ipidi in the coming weeks to few months.TechZim reported that a job advert for a marketing director t...
by Staff reporter

Unemployed communications wizard by-passes Econet system, makes free calls

06 June 2014 | 6915 Views
A COMMUNICATIONS wizard from Bulawayo set up a fully-equipped mobile phone "call centre" with 164 sim-cards in his house where he would make international calls free of charge, a magistrate heard. ...
by Leonard Ncube

Econet slashes voice call rates

02 June 2014 | 9465 Views
Cellphone giant Econet announced it has dropped its international voice call rates by up to 25% for countries in the region and to 20 cents a minute for calls to the UK, US, China and Canada. ...
by Staff reporter

Econet pushing for smart-phone penetration

29 May 2014 | 4718 Views
Econet Wireless says it is making inroads to increase smart phone penetration in the country with a view to increasing broadband usage.Speaking at an investment forum, Econet chief executi...
by Staff reporter

Econet loses $1,3m to employee

28 May 2014 | 4148 Views
A former employee with Econet Wireless allegedly stole more than $1 million from the telecommunications company and used part of the money to buy and develop eight residential properties within Harare...
by Tendai Rupapa

Do you think Strive Masiyiwa would make a good president of Zimbabwe?

24 May 2014 | 3915 Views
The main problem with African politics and politicians is that they are poor. They get into politics to make money, most of them are not business people in their own right. Even i...
by Rutilio Usayi

Zesa turns down Econet request

21 May 2014 | 5276 Views
Zesa turned down a request by Econet Wireless to sell pre-paid electricity tokens through its mobile money transfer service, EcoCash, saying the third party vending facility was reserved for State-lin...
by Felex Share

Zesa bars Econet from e-vending system

20 May 2014 | 3839 Views
National power utility ZESA Holdings is reportedly blocking Econet Wireless Zimbabwe (EWZ) from rolling out mobile electronic purchase of pre-paid electricity through its EcoCash - platform, Parliame...
by Staff reporter

Econet feels unwanted

20 May 2014 | 5966 Views
Econet Wireless says it has been at the receiving end of unfair treatment from authorities and "feels unwanted" in certain spaces, claiming this was stifling its growth, group chief executive Dou...
by Staff reporter

WorldRemit in Steward Bank partnership

20 May 2014 | 3129 Views
LONDON, UK - WorldRemit, the global online money transfer service, has teamed up with Steward Bank in Zimbabwe to offer recipients enhanced convenience at ...
by Staff reporter

Econet uses donkeys to transport equipment

20 May 2014 | 3984 Views
POOR road network has heavily hampered telecommunication projects to the extent that Econet Wireless had to use donkeys to deploy equipment to a site in Nembudziya Gokwe because heavy trucks could no...
by Staff reporter

Econet engages RBZ to restructure EcoCash levy

19 May 2014 | 4985 Views
Econet says it is in the process of engaging the Reserve Bank of Zimbabwe so that it can levy the Ecocash mobile money transfer tariff on the sender only.This will mean that the person receivi...
by Staff reporter

Econet to expand into road construction

12 May 2014 | 3282 Views
Mobile communications behemoth, Econet Wireless Zimbabwe says it will soon diversify into road construction, in a bid to improve communication channels and support to the community, its chief execut...
by Staff reporter

Econet to introduce Wi-Fi Hotpots

08 May 2014 | 5337 Views
Econet will be launching Wi-Fi hotpots in a bid to ease congestion on the regular mobile broadband networks that use GPRS, Edge and 3G, TechZim reported. "We were tipped to this development by...
by Staff reporter

Mobile internet to improve as Potraz re-plans spectrum

08 May 2014 | 2644 Views
The Postal and Telecommunications Regulatory Authority of Zimbabwe says it is in the process of re-planning spectrum allocations to cater for 4G.4G is a mobile communications standard intended...
by Staff reporter

Steward Bank growth will come from EcoCash services

06 May 2014 | 3488 Views
Steward Bank, the wholly-owned subsidiary of Econet Wireless Zimbabwe, posted a loss of $26.3 million as the company continues restructuring away from traditional banking to focus on services related ...
by Staff reporter

Econet returns to dividend

05 May 2014 | 3378 Views
Econet Wireless will pay a dividend of 1.29 cents per share to its 9000-plus shareholders for the first time in more than three years.The company, which has paid out more than $900million...
by Staff Reporter

Strive Masiyiwa sets up innovators award

25 April 2014 | 1889 Views
Econet Wireless founder Strive Masiyiwa says he plans to set up an annual award to encourage innovators and inventors in Africa.Making the announcement on his Facebook page Masiyiwa said: "I a...
by Staff reporter

Steward Bank opens Bulawayo branch

25 April 2014 | 3722 Views
STEWARD Bank, the country's largest bank by accounts, is gearing to spearhead the revival of Bulawayo's manufacturing sector and ensure it regains its industrial hub of Zimbabwe status.  ...
by Staff reporter

Steward Bank to close 8 branches

23 April 2014 | 4522 Views
Steward Bank intends to close about eight branches across the country, rendering more than 100 employees jobless, as the bank seeks to streamline its costs.The financial institution, currently...
by Tinashe Makichi

Econet targets Beitbridge for 4G LTE

17 April 2014 | 2984 Views
Telecommunications giant Econet Wireless Zimbabwe says its next stop for fourth generation 4GE Long-Term Evolution (LTE) network will be Beatrice.Group chief executive officer Douglas Mboweni ...
by Staff reporter

Econet won't come back into Zim football

11 April 2014 | 3898 Views
Zimbabwe's largest mobile telecommunication company, Econet Wireless Zimbabwe Limited (Econet), has maintained it will not return to sponsor football in the near future due to "other pressing national...
by Staff reporter

Telecel network coverage increase to 85%

10 April 2014 | 2949 Views
TELECEL Zimbabwe network coverage has increased by 35 percentage points to 85 percent since Zimbabwe's economy was dollarised in 2009. According to Telecel, which has invested over $50 million...
by Paul Nyakazeya

Zimbabwe allocates LTE spectrum for operators

10 April 2014 | 2893 Views
Spectrum has been allocated to Zimbabwean telecom companies that want to run LTE enabled broadband networks, the local regulator has confirmed.This move by the Posts and Telecommunications Reg...
by Staff reporter

Econet contributes $900m to economy since 2009

10 April 2014 | 2254 Views
Econet Wireless has contributed a cumulative $900 million to the local economy, an official has said.Speaking during the tour of Econet's premises in Graniteside and Willowvale by Parliamentar...
by Staff reporter

Econet Wireless not selling MBC

09 April 2014 | 2998 Views
Econet Wireless has reaffirmed its commitment to its investment in Mutare Bottling Company, seeing through the installation of a $17 million new line and factory, which will boost the firm's abili...
by Business reporter

Zim considers BBM licensing

08 April 2014 | 3098 Views
Zimbabwe is considering licensing BlackBerry Messenger (BBM) service, which at the moment is barred by State regulation, an Information ministry official said.Cosmas Chigwamba, acting permane...
by Staff reporter

Econet Wireless under probe

04 April 2014 | 4181 Views
ECONET Wireless Zimbabwe has again attracted the ire of banks after it emerged this week that the mobile telephone company could be engaged in potentially unfair business practices that have attracted...
by Business reporter

Econet starts loan roll out

03 April 2014 | 4903 Views
Econet Wireless prepaid service subscribers are now able to access a maximum of $500 worth of loans using cell phones under Econet's mobile phone savings account. The mobile phone-based lo...
by Staff reporter

Econet, association head for clash

02 April 2014 | 3068 Views
The Mobile Money Transfer Agents Association of Zimbabwe and Econet are heading for a possible clash over the latter's recent directive that each of its agent should register at least 5 new customers...
by Staff reporter

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