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The Ecocash heist - A modern tale of irresponsible corporate behaviour
Sometime in 2013, I applied and became an Ecocash Agent (Agent), and immediately set shop in at least two locations within Harare CBD. The setup and running costs for me as an Agent were high, but the...Published: 03 Jul 2020 at 19:27hrs | 6532 | by Tendayi Mudhadha
Mobile money transactions not to blame for economic woes
FORMER Finance minister Tendai Biti has called government's ban on trading on the Zimbabwe Stock Exchange (ZSE) and all mobile money transactions as "madness" with terrible consequences.The ba...Published: 28 Jun 2020 at 08:15hrs | 559 | by Staff reporter
RBZ confirms mobile money ban but keeps platforms open for small transactions
THE Reserve Bank of Zimbabwe (RBZ) has suspended all money agents from mobile financial transactions but the general public can still continue to transact using the platforms.In a statement ye...Published: 28 Jun 2020 at 07:18hrs | 304 | by Staff reporter
Makamba wins court case against Manyere
BULAWAYO High Court judge Maxwell Takuva has ruled that prominent businessman James Makamba's company Kestrel Corporation (Private) Limited (Kestrel Corporation) was improperly placed under judicial m...Published: 02 Jun 2020 at 17:06hrs | 2105 | by Staff reporter
No 5-star treatment for returnees, says Mnangagwa
PRESIDENT Emmerson Mnangagwa yesterday said Zimbabweans should brace for more COVID-19 infections as more locals continue to trick-le in from different countries. Mnangagwa was addressing dono...Published: 29 May 2020 at 08:35hrs | 2070 | by Staff reporter
Ship with 182 Zimbabwean returnees docks in Namibia
At least 182 Zimbabweans aboard a cruise ship have docked in Namibia and will come home once suitable transport arrangements are made. The returnees are coming back home amid rising numbers of Covid-1...Published: 29 May 2020 at 07:40hrs | 731 | by Staff reporter
Zimbabwe mobile operators get free frequencies
THE Postal and Telecommunication Regulatory Authority of Zimbabwe (Potraz) has allocated the country's three mobile network operators free frequencies until the end of the year as part of its thrust t...Published: 10 May 2020 at 07:35hrs | 575 | by Staff reporter
Potraz moves to reduce data costs
THE Postal and Telecommunication Regulatory Authority of Zimbabwe (Potraz) has allocated the country's three mobile network operators free frequencies until the end of the year as part of measures to ...Published: 10 May 2020 at 07:25hrs | 239 | by Staff reporter
Zimbabwe mobile network operators face losses as costs mount
The unprecedented rise in the country's cost of doing business is expected to wipe out margins for mobile network operators, leading to possible losses within the sector.Between March and now,...Published: 26 Apr 2020 at 12:28hrs | 356 | by Staff reporter
Mnangagwa govt's coronavirus kitty raises stink
Government has imposed one of its ailing parastatals, NetOne, to exclusively manage the transfer of millions of dollars meant to cushion vulnerable populations against the effects of the coronavirus p...Published: 12 Apr 2020 at 09:05hrs | 465 | by Staff reporter
Mthuli Ncube sets up Pandemic National Disaster Fund
Government has established the Zimbabwe Covid-19 National Disaster Fund to enable citizens and other well-wishers to contribute towards the fight against the deadly virus which has killed nearly 50 00...Published: 02 Apr 2020 at 13:12hrs | 630 | by Staff reporter
Zimbabwe shuts borders
Zimbabwe's President Emmerson Mnangagwa on Monday declared the country's borders closed for both inbound and outbound traffic except cargo and returning residents in an unprecedented step to halt the ...Published: 24 Mar 2020 at 06:45hrs | 10936 | by Staff reporter
Zimbabwe closes borders after COVID-19 death
ZIMBABWE yesterday closed its borders as government tightened measures to control the spread of coronavirus after the country recorded its first casualty from the pandemic, journalist Zororo Makamba, ...Published: 24 Mar 2020 at 06:39hrs | 772 | by Staff reporter
Govt moves to promote telehealth
Government is working towards promoting telehealth as it intensifies its efforts to combat the spread of the novel coronavirus. This followed the handover of an assortment of gadgets by the telecommun...Published: 24 Mar 2020 at 06:29hrs | 81 | by Staff reporter
Government speaks on Zororo Makamba's death
The Minister of Health and Child Care, Obadiah Moyo has officially confirmed the death of Zororo Makamba, who was the second person to test positive for Covid-19 in Zimbabwe.Makamba was ...Published: 23 Mar 2020 at 13:29hrs | 9613 | by Mandla Ndlovu
Mobile banking service providers to offer interest
Mobile banking service providers are now required to credit interest monthly to their customers' balances following the enactment of new banking regulations on Friday.There are three companies...Published: 16 Mar 2020 at 07:03hrs | 604 | by Staff reporter
Econet hikes data tarrifs by 23%
Econet Wireless on Wednesday raised its data prices by 23 percent, as the Zimbabwe dollar continues its slide.According to Zi...Published: 11 Mar 2020 at 13:11hrs | 1612 | by Staff reporter
Mnangagwa's govt zooms in for critics with Chinese help
Zimbabwe is laying the ground for a modern state underpinned by use of artificial intelligence (AI) to boost security in the cities, but critics fear President Emmerson Mnangagwa's government wants to...Published: 02 Mar 2020 at 08:54hrs | 186 | by Dumisani Ndlela
'Free data to marginalised areas,' MPs urge telcos
Members of Parliament yesterday said telecommunication companies (telcos) must give free data access to schools in marginalised areas as part of community development projects.The issue was ra...Published: 15 Feb 2020 at 11:21hrs | 75 | by Staff reporter
Econet hikes data tariffs
ECONET Wireless - Zimbabwe's largest mobile operator - has reviewed its data and SMS (Short Message Service) tariffs upwards by an average of 25 percent. The country's Mobile Network Ope...Published: 05 Feb 2020 at 05:56hrs | 1333 | by Staff reporter
Currency woes choke telcos amid static tariffs
The continued weakening of the Zimbabwean dollar against erratic tariff reviews poses a serious threat to the viability of mobile network operators, industry players have highlighted.Mobil...Published: 29 Jan 2020 at 12:46hrs | 893 | by Agencies
Telecel seeks tariffs review to stay afloat
ZIMBABWE's third-largest mobile telephone operator Telecel Zimbabwe has conceded that it is facing challenges and has been failing to meet some of its obligations due to inadequate funding.In ...Published: 19 Jan 2020 at 05:41hrs | 144 | by Staff reporter
Govt mulls Telecel debt equity swap
TELECEL International (TI), a State-owned vehicle which owns 60 percent of Telecel Zimbabwe (TZ), is considering converting the US$90 million debt owed by the mobile network operator into equity, a mo...Published: 19 Jan 2020 at 05:31hrs | 194 | by Staff rpeorter
'Telecel on the brink of collapse'
WORKERS at mobile network operator Telecel Zimbabwe have raised a red flag over the state of affairs at the company, saying it faces imminent collapse unless government urgently intervenes to rescue t...Published: 17 Jan 2020 at 06:27hrs | 1603 | by Staff reporter
Econet embarks on repositioning campaign
Econet Wireless Zimbabwe, the largest mobile network operator in Zimbabwe and the leading provider of digital network services, has embarked on a marketing communication campaign aimed at positioning ...Published: 14 Jan 2020 at 15:32hrs | 2800 | by Agencies
5 men nabbed for vandalizing network boosters
FIVE Harare men were arrested on Wednesday in Mount Darwin after vandalising three mobile base stations (boasters) in Mashonaland Central and stealing 14 batteries worth ZWL$250 000.The five a...Published: 12 Jan 2020 at 09:52hrs | 2893 | by Paul Ndou
NetOne reclaiming Market Share
The year 2019 has seen mobile telecommunications companies jostle for customers and experience challenges relating to service delivery. The strength of an...Published: 05 Jan 2020 at 20:33hrs | 3596 | by Simbarashe Meandipendaa
Council names, shames debtors
THE ruling Zanu-PF party is one of City of Harare's biggest debtors and owes the MDC-dominated local authority more than $1,2 million in unpaid rates, NewsDay has learnt.Other debtors who owe ...Published: 03 Dec 2019 at 07:45hrs | 1124 | by Staff reporter
Telecel launches Summer Bundles Promo
Mobile Operator Telecel Zimbabwe will this week launch the Sizzling Summer Bundles Promotion. The promotion will run till end of January 2020.The promotion aims to reward loyal Telecel subscri...Published: 21 Nov 2019 at 21:05hrs | 320 | by Staff reporter
EcoCash leaves consumers stranded
EcoCash services remained intermittent or non-available yesterday, causing major business losses and much hardship since the platform handles 85 percent of Zimbabwe's transactions and 99 percent of mo...Published: 20 Nov 2019 at 04:02hrs | 1840 | by Staff reporter
Business suffers as EcoCash still down
Retailers and other business entities may have lost potential revenue running into hundreds of millions of dollars after Zimbabwe's biggest mobile money platform, EcoCash, remained largely out of serv...Published: 19 Nov 2019 at 05:42hrs | 968 | by Staff reporter
Potraz invites more mobile network operators
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says it is accepting proposals from local and external investors interested in operating mobile network operators as space f...Published: 06 Nov 2019 at 11:33hrs | 671 | by Staff reporter
Makamba wins Telecel shareholding battle
HIGH Court judge Justice Edith Mushore has ruled in favour of the once exiled businessman James Makamba in a long-drawn Telecel Zimbabwe (Pvt) Ltd share ownership battle with a war veterans organisati...Published: 30 Oct 2019 at 07:51hrs | 3231 | by Staff reporter
Potraz approves mobile tariffs hike
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has approved an upward 95,39 percent voice, data and SMS tariff adjustment for both mobile and fixed network operators as pr...Published: 30 Oct 2019 at 05:54hrs | 1265 | by Staff reporter
Mugabe wanted to kill Makamba over Grace
FORMER Telecel Zimbabwe boss and businessman, James Makamba last year revealed that he fled the country and remained in self-imposed exile for 13 years after former President Robert Mugabe (pictured) ...Published: 25 Oct 2019 at 17:27hrs | 20373 | by Staff reporter
Telecoms sector posts revenue growth
Zimbabwe's telecommunications sector registered growth in revenues for the quarter ending June 30, 2019, mainly on the back of upward tariff reviews as economic headwinds persisted. The sector...Published: 07 Oct 2019 at 09:14hrs | 66 | by Staff reporter
NetOne records the highest market share growth, POTRAZ Q2 report reveals.
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)'s 2019 second quarter (Q2) revealed that the total number of active mobile subscriptions in the country has grown by 1.8% to...Published: 06 Oct 2019 at 14:31hrs | 597 | by Agencies
RBZ clamps down on illegal cash deals
THE Reserve Bank of Zimbabwe has banned with immediate effect all cash-in, cash-out and cash-back transactions, which were used by some dealers to extort cash from members of the public. Furth...Published: 01 Oct 2019 at 06:34hrs | 731 | by Staff reporter
Austerity measures: Is Zimbabwe drinking poisoned chalice?
On September 7, 2018, Mthuli Ncube was appointed as Zimbabwe's Finance minister. Being a technocrat he is, his appointment brought a breath of fresh air. At least, Zanu-PF was breaking with its past o...Published: 20 Aug 2019 at 15:18hrs | 463 | by Cliff Chiduku
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 | 969 | by Mike Murenzvi
Zimbabwe economy needs free-market policies to grow
The introduction of the foreign exchange interbank market by the Reserve Bank of Zimbabwe (RBZ) in February 2019 was a major milestone towards free market economics. Even though there are fears of gov...Published: 28 Jul 2019 at 17:59hrs | 595 | by Victor Bhoroma
Telecomms a new loss making business in Zimbabwe?
Zimbabwe mobile network operators have seen revenue decline and reporting break evens, in this highly inflationary environment. If this persists at this rate, they will be soon reporting loses as the ...Published: 18 Jul 2019 at 08:04hrs | 633 | by Staff reporter
Zimbabwe govt to cede TelOne, NetOne majority shares by year-end
GOVERNMENT is moving to complete the sale of its majority shareholding in fixed telecommunications company TelOne and mobile operator NetOne by year-end, businessdigest has learnt.There has be...Published: 12 Jul 2019 at 08:54hrs | 473 | by Staff reporter
Nkosinathi Ncube quits NetOne
NetOne Managing Director for Mobile Financial Services (MFS) Nkosinathi Ncube tendered his resignation on Tuesday this week, Zim Tech...Published: 05 Jul 2019 at 19:34hrs | 3269 | by Staff reporter
Cellphone booster robbers arrested
Five armed robbers have been arrested by the Zimbabwe Republic Police (ZRP) Criminal Investigation Department (CID) for stealing about 300 litres of diesel and two 12 volt batteries from Telecel and E...Published: 03 Jul 2019 at 18:56hrs | 3806 | by Staff reporter
Emmerson Mnangagwa's cabinet review
News doing the rounds says the Vice President of the Republic of Zimbabwe has passed on , it seems Chiwenga and Robert Mugabe have one thing in common - they both die in the media and resurrect miracu...Published: 03 Jul 2019 at 09:51hrs | 11103 | by Nicholas Ncube
Telecel to clear licensing arrears
MOBILE operator Telecel Zimbabwe has said it is now targeting to clear its licensing obligations of US$137,5 million to Government by 2020. In 2013 the mobile operator made an arrangement with...Published: 11 Jun 2019 at 07:05hrs | 238 | by Staff reporter
Makamba suspends Francis Mawindi as Telecel Board member
Telecel Zimbabwe board has suspended Mr Francis Mawindi, their Board member with immediate effect over breach of the common law fiduciary duty of confidentiality, ...Published: 07 Jun 2019 at 08:28hrs | 1798 | by Staff reporter
Mthuli Ncube opens up
Zimbabwe is on a journey of reform. Nobody ever said it wouldn’t be a bumpy ride; but the most important thing is that the journey has begun, and we are heading in the right direction.The Tr...Published: 03 Jun 2019 at 10:11hrs | 10781 | by Mthuli Ncube
Why Zimbabwe is on the path to progress
Zimbabwe is on a journey of reform. Nobody ever said it wouldn't be a bumpy ride; but the most important thing is that the journey has begun, and we are heading in the right direction.The Tran...Published: 03 Jun 2019 at 07:23hrs | 1322 | by Prof Mthuli Ncube
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