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Econet calls for tariffs review
THE Zimbabwe Stock Exchange-listed diversified telecommunications group Econet Wireless has called for an upward review of tariffs saying it was the only way to save the ailing telecommuni...Published: 12 Aug 2021 at 08:16hrs | 3 | by Staff reporter
Econet posts $837 million profit
Zimbabwe's largest mobile telecoms firm, Econet Wireless Zimbabwe, posted $837 million profit in the full year to February 28, 2021 compared to a $5,7 billion loss in the previous period last year. Th...Published: 12 Aug 2021 at 06:38hrs | 2 | by Staff reporter
Econet will play part in the resurgence of Zimbabwe's economy
GIANT telecoms operator, Econet Wireless Zimbabwe, has vowed to continue playing its part in contributing to growing the country's economy.The diversified company has been scaling up its capit...Published: 09 Aug 2021 at 18:36hrs | 3 | by Staff reporter
Multi-million dollar whistleblowing corruption scandal rocks Zimra
MASSIVE corruption - which has dragged on for years - is rocking the Zimbabwe Revenue Authority (Zimra)'s multi-million-dollar whistle-blower fund which the tax collector's senior officials are lootin...Published: 26 May 2021 at 16:23hrs | 143 | by Staff reporter
Masiyiwa's Liquid Telecom rebrands
The newly rebranded Liquid Intelligent Technologies (formerly Liquid Telecom) says its transformation is aimed at becoming a more interactive business, providing solutions for all economic sectors acr...Published: 21 Apr 2021 at 06:59hrs | 27 | by Staff reporter
British foreign secretary tours Econet facility
BRITISH foreign secretary Mr Dominic Raab last week visited the East African Data Centre in Nairobi, Kenya, during which tour he unveiled his Britain's support for developing countries to shift to cle...Published: 24 Jan 2021 at 22:27hrs | 10 | by Staff reporter
British Foreign Secretary tours Econet facility in Nairobi
The British Foreign Secretary, Mr Dominic Raab, has visited an East African Data Centre in Nairobi owned by Econet subsidiary Liquid Telecom.The Foreign Secretary announced the visit on his Tw...Published: 22 Jan 2021 at 18:04hrs | 6 | by Agencies
Big brands troop into Victoria Falls facility
A STRING of the country's big brands, including fast food outlets, has stampeded into Zimre Property Investments' Sawanga Mall in Victoria Falls, helping the top end real estate gem notch 95% occupanc...Published: 28 Dec 2020 at 07:32hrs | 9 | by Staff reporter
Why Netflix chose Masiyiwa for its board
ZIMBABWEAN tycoon and founder of pan-African telecoms heavyweight Econet Group Strive Masiyiwa has taken a board seat at Netflix, underlining the Silicon Valley giant's ambitions on the continent of m...Published: 20 Dec 2020 at 07:00hrs | 7 | by Staff reporter
Econet seeks nod at accept US dollar payments
Telecommunications giant Econet Wireless Zimbabwe is looking to engage authorities for permission to take payments in foreign currency for some of its products. In March this year, the Governm...Published: 08 Dec 2020 at 06:27hrs | 10 | by Staff reporter
Liquid Telecom and Zayo partner to Expand Global Network Coverage
Johannesburg, South Africa - Leading pan-African telecoms group, Liquid Telecom, has announced their partnership with Zayo Group Holdings, Inc., a global leader of Communications Infrastructure. The p...Published: 17 Nov 2020 at 16:04hrs | 4 | by Agencies
Econet partners X to roll out high-speed broadband technology
Google's parent company Alphabet yesterday announced that it has tapped the Econet Group as its partner to launch a new high-speed broadband technology which uses laser beams instead of fibre optic ca...Published: 11 Nov 2020 at 08:15hrs | 10 | by Agencies
Power cuts push Econet losses
DIVERSIFIED telecommunications group Econet Wireless suffered exchange losses in excess of $6 billion in its financial year and reeled under rolling power cuts that hit the country last year.I...Published: 03 Nov 2020 at 06:35hrs | 8 | by Staff writer
Strive Masiyiwa acquires Standard Bank's data centre
ZIMBABWE telecoms businessman Strive Masiyiwa has completed a transaction which will see one of his companies owning Standard Bank's Johannesburg data centre.Data centres are locations in whic...Published: 07 Sep 2020 at 06:36hrs | 14 | by Staff reporter
How Econet made itself indispensable to Zimbabweans
On December 5, 2017, Zimbabwe's two major internet access providers (IAPs), Liquid Telecom and TelOne, suffered breaks in the fibre optic cables that blacked out 90% of the country from the internet f...Published: 31 Jul 2019 at 08:07hrs | 849 | by Mike Murenzvi
Trench excavation across Bulawayo roads
The motoring public is advised that Liquid Telecom will excavate along the following roads, (See list below) in the City and across the same roads using trenchless technologies for the purposes of lay...Published: 28 Jul 2019 at 10:09hrs | | by Staff reporter
Econet boss lands top UN post
United Nations Secretary-General António Guterres has appointed Econet Wireless chief operating officer Fayaz King as Assistant Secretary General and will serve at the United Nations Children's Fund ...Published: 26 Jul 2019 at 09:01hrs | | by Staff reporter
ICT experts propose changes to Cyber Bill
Information Communication Technology (ICT) professionals have called for a review of the Cybercrime and Cybersecurity Bill to provide for the inclusion of more independent experts in the envisaged 11-...Published: 22 Jul 2019 at 08:07hrs | | by Stafff reporter
Minister bemoans industry collapse, deepening economic crisis
Manicaland Provincial Affairs minister Ellen Gwaradzimba has bemoaned the collapse of industry and companies in province due to the country's deepening economic woes.Speaking with businesspeop...Published: 17 Jun 2019 at 09:25hrs | 713 | by Staff reporter
Telecoms operators urged to take consumers’ grievances seriously
POSTAL and Telecommunications Regulatory Authority of Zimbabwe (Potraz) director-general Gift Machengete has said telecoms operators should take consumers' grievances seriously so that they improve on...Published: 08 Jun 2019 at 08:00hrs | 466 | by Staff reporter
Strive Masiyiwa pockets $100m in dividends
STRIVE Masiyiwa has pocketed close to US$100 million as dividend payouts from his investment in Econet Wireless Zimbabwe (EWZ) since 2009, businessdigest has established.According to Econet Wi...Published: 03 May 2019 at 07:22hrs | 7734 | by Staff reporter
Facing national challenges: None but ourselves
In mid-March Zimbabwe together with Malawi and Mozambique fell victim to the violent and destructive Cyclone Idai which killed hundreds of people and left thousands displaced in these three southern A...Published: 08 Apr 2019 at 15:31hrs | 338 | by Nobleman Runyanga
Facing national challenges: None but ourselves
In mid-March Zimbabwe together with Malawi and Mozambique fell victim to the violent and destructive Cyclone Idai which killed hundreds of people and left thousands displaced in these three southern A...Published: 08 Apr 2019 at 12:17hrs | 152 | by Nobleman Runyanga
Econet increases voice call tariffs
THE country's biggest cellular network, Econet Wireless Zimbabwe, has increased tariffs for local voice calls to as high as RTGS$2,24 per minute. The new tariff adjustments come into effect from...Published: 28 Mar 2019 at 23:42hrs | 3071 | by Staff reporter
Zimbabwe internet service providers peg services in US$
ZIMBABWE's major internet service providers have pegged their broadband services in United States dollars in response to measures announced in the 2019 Monetary Policy Statement (MPS) presented in Feb...Published: 27 Mar 2019 at 22:49hrs | 870 | by Staff reporter
Econet goes full force in search of Cyclone Idai survivors
ZIMBABWE's largest telecommunications firm, Econet Wireless, says it has deployed the full might of its organisational capacity in search of survivors of the recent Cyclone Idai. In a st...Published: 25 Mar 2019 at 22:47hrs | 1181 | by Staff reporter
Potraz summons Liquid over tariff hike
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has summoned Zol Zimbabwe for questioning over its unauthorised data tariff increase, NewsDay reported.Zol Zimbabwe,...Published: 20 Mar 2019 at 07:24hrs | | by Staff reporter
Government calls for partnership in e-learning drive
THE Government is calling upon private and public companies to take an active role in supporting e-learning in schools so that they continue to bridge the digital divide in the country.Deputy ...Published: 10 Mar 2019 at 09:03hrs | | by Staff reporter
Jonathan Moyo must be puking as Strive Masiyiwa's fortune rises to US$2.3bn
exiled Former G40 Kingpin Professor Jonathan Moyo last week made a jibe on telecommunications guru Strive Masiyiwa saying that Masiyiwa is a Bond-note billionaire, a reference to the local currency th...Published: 15 Jan 2019 at 20:25hrs | | by Staff reporter
'I have US$ 13 Billion businesses' Masiyiwa responds to Jonathan Moyo
Telecommunications guru Strive Masiyiwa has responded to a jibe by exiled Former G40 Kingpin Professor Jonathan Moyo that he is a Bondnote billionaire, a reference to the local currency that is used i...Published: 11 Jan 2019 at 13:11hrs | 19190 | by Mandla Ndlovu
Shares in Liquid are like $135m cash, says Mboweni
Econet Wireless Zimbabwe (EZW) CEO Douglas Mboweni has described the company's equity stake in Liquid Telecom Holdings, which is just under 10% as "a US$135 million forex reserve".Speaking abo...Published: 23 Dec 2018 at 10:25hrs | | by Staff reporter
Strive Masiyiwa grows business empire
ECONET Wireless founder Strive Masiyiwa this week consolidated his position as one of Zimbabwe's richest investors after his fintech company, Cassava SmarTech (CSZL), became the most valuable counter ...Published: 22 Dec 2018 at 19:10hrs | | by Staff reporter
Liquid Telecom to invest $400m USD in Egyptian network infrastructure and data centres following completion of 'Cape to Cairo'
Harare, Zimbabwe. December 10, 2018 - Leading pan-African telecoms group Liquid Telecom has announced that it is investing 8 billion Egyptian Pounds ($400m US Dollars) in Egypt over t...Published: 10 Dec 2018 at 09:33hrs | | by Mapozho Saruchera
Access to information, media freedom in the digital age
THE right to information and media freedom are critical components of freedom of expression. Freedom of expression, as defined by Article 19 of the Universal Declaration of Human Rights, is the "right...Published: 27 Nov 2018 at 06:11hrs | 132 | by Patience Zirima
Strive Masiyiwa inks Cape to Cairo fibre network deal
Telecom Egypt has signed a memorandum of understanding with Liquid Telecom to enable the pan-African group to complete Africa's terrestrial fibre network stretching across the African continent, the c...Published: 16 Jul 2018 at 07:17hrs | | by Reuters
Zimbabwe's first $ billionaire
Telecom tycoon Strive Masiyiwa has become Zimbabwe's first billionaire.According to a report by Forbes, Masiyiwa, 57 is now worth $1.7 billion. Masiyiwa controls Econet Group, a Zimbabwe-liste...Published: 11 Jan 2018 at 05:39hrs | | by Forbes
Blackout hit Zimbabwe banks hard
THE banking sector lost an estimated $70 million after many internet-dependent transactions could not be processed because of the recent data blackout which lasted six hours.On December 5, Zim...Published: 17 Dec 2017 at 07:23hrs | 1783 | by Staff reporter
Liquid Telecoms rapped for lack of back-up systems
Government is investigating Liquid Telecom for not having adequate back-up systems, resulting in an Internet glitch last week, which led to the disruption of social media applications. Information Com...Published: 12 Dec 2017 at 05:13hrs | | by Staff reporter
SA truck mishap caused internet blackout
THE country was yesterday hit by an internet blackout that affected various sectors of the economy that largely depend on online connectivity for their operations.The blackout started at about...Published: 06 Dec 2017 at 05:21hrs | | by Staff reporter
Information blackout after Internet glitch
Zimbabwe yesterday afternoon experienced a disruption in Internet services which affected popular social media applications and fixed line communications due to faults on the main links between South ...Published: 06 Dec 2017 at 05:10hrs | | by Staff reporter
Zimbabwe suffers massive internet shutdown
Zimbabwe today experienced internet service disruption and challenges with landline phone calls due to faults on the main links in South Africa and Harare.The situation returned to normalcy af...Published: 05 Dec 2017 at 18:05hrs | | by Staff reporter
Econet eyes London listing
AFRICAN telecommunications group Econet is considering selling shares on the London Stock Exchange at a valuation of about $8 billion next year after combining new and existing assets, according to pe...Published: 27 Nov 2017 at 05:23hrs | | by Bloomberg
Govt moves to cut internet costs
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has launched the Zimbabwe Internet Exchange Point (ZIX), which will cut internet costs by using already established networks...Published: 08 Nov 2017 at 05:50hrs | 1379 | by Staff reporter
Kwese boost for Technites enterprise
Econet Wireless Group's Technites enterprise has received a significant boost from the High Court ruling on Kwese TV as a ramp up in installations could see Technites earning as much as $50 a day for ...Published: 05 Oct 2017 at 06:41hrs | | by Staff reporter
Blocked in Zimbabwe, Kwese TV launches in SA
ZIMBABWEAN telecoms tycoon Strive Masiyiwa's new pay television service, Kwese TV, has kick-started services in South Africa through a partnership with Netflix, it said on Friday as it seeks to claw u...Published: 19 Sep 2017 at 06:34hrs | 2634 | by Staff reporter
Econet Media and Netflix launch unique African partnership
Johannesburg - Africa's newest pan-African broadcaster Econet Media, are proud to announce the launch of its Internet Protocol Television (IPTV) service Kwesé Play - a video streaming service deliver...Published: 14 Sep 2017 at 19:11hrs | 1877 | by Agencies
Technite jobs on standby as Kwese awaits licence
As debate rages on whether Kwese TV will be licensed in the country if given the green light, Econet Media's offering could unlock thousands of new jobs for satellite installers in the country....Published: 03 Sep 2017 at 10:34hrs | | by Staff reporter
No Tsvangirai, Please: Zimbabwe Needs New Heroes
A great leader inspires the masses by overcoming hardships and working for the greater good of society. Strive Masiyiwa almost sold the shirt off his back as his 5-year legal battle against the govern...Published: 13 Jul 2017 at 14:12hrs | | by Tafi Mhaka
Liquid Telecom secures $700m for group's growth
PAN African telecommunications group, Liquid Telecom has secured a $700 million bond and term loan facility aimed at supporting the group's existing debt and growth strategy.The financing pack...Published: 13 Jul 2017 at 07:11hrs | | by Staff reporter
Data providers in bruising rat race
AS mobile broadband service providers compete for the hearts and wallets of local consumers, a bruising rat race is gradually developing in the sector, raising hope prices might decline to reasonable ...Published: 09 Apr 2017 at 08:12hrs | | by Africa Moyo
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