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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 | 651 | 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 | 3193 | 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 | 1205 | 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 | 20101 | 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 | 65 | 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 | 411 | 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 | 720 | 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 | 428 | 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 | 867 | 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 | 575 | 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 | 626 | 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 | | 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 | 3231 | 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 | 3801 | 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 | 10893 | 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 | 237 | 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 | 1779 | 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 | 10767 | 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 | | by Prof Mthuli Ncube
Govt to retain 26% stake in parastatals
Government has resolved to retain just 26 percent in at least three parastatals and/or State enterprises, Finance and Economic Development Minister Mthuli Ncube has said.Such equity-holding wi...Published: 20 May 2019 at 06:24hrs | 626 | by Staff reporter
Joshua Nkomo Scholarship 2019 successful candidates - full list
Higherlife Foundation has released a list of 100 'Joshualites' who were offered the Joshua Nkomo Scholarships for 2019, Zim...Published: 19 May 2019 at 19:29hrs | 7721 | by Staff reporter
Parastatals to be privatised in six months, says official
The government expects to find investors for state enterprises earmarked for partial privatisation and tie up the deals in the next six months, an official has said.Zimbabwe has 107 state-owne...Published: 12 May 2019 at 06:25hrs | 421 | by Staff reporter
Mnangagwa's govt clueless on economy
PRESIDENT Emmerson Mnangagwa's administration looks increasingly clueless on how to contain consequences of its disastrous economic policies introduced by Finance minister Mthuli Ncube through the Tra...Published: 03 May 2019 at 20:47hrs | | by Staff reporter
Econet data bundle price hike largely expected
The country's largest mobile network operator Econet Wireless Zimbabwe has adjusted its data bundle tariffs upwards in a move that was largely expected, following State-owned competitors NetOne ...Published: 01 May 2019 at 08:27hrs | 651 | by Staff reporter
Data tariffs soar as Zimbabwe crisis bites
Mobile network operators became the latest sector to increase prices for their products with an upward adjustment of tariffs for broadband services following the floating of the country's local curren...Published: 28 Apr 2019 at 08:22hrs | | by Staff reporter
Mnangagwa's reform programme steams ahead
In an interview with the British Broadcasting Corporation (BBC), this writer was asked what reforms President Mnangagwa had undertaken.The journalist asking the question was reminded that her ...Published: 28 Apr 2019 at 07:31hrs | | by Nick Mangwana
Telecel increases data charges
Telecel has announced that it has increased the price of data bundles effective from Saturday 27 April 2019. Telecel however said that the bundles purchased before the 27th date will not be af...Published: 26 Apr 2019 at 17:53hrs | 2259 | by Mandla Ndlovu
Zesa re-bundling part of parastatals reforms, says Chiwenga
THE re-bundling of Zesa and merger of its five previously separate entities into a single integrated company will cut overhead costs and boost power generation efficiency, Vice President Constantino C...Published: 25 Apr 2019 at 07:02hrs | | by Staff reporter
Potraz adopts new tariff model
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has moved away from a fixed model for determining the various tariffs for telecommunications operators to a flexible model. ...Published: 04 Apr 2019 at 06:45hrs | 222 | by Staff reporter
James Makamba's empire crumbles
PROMINENT businessman Mr James Makamba's empire seems to be crumbling after the High Court placed his Kestrel Corporation under provisional judicial management as Mr George Manyere fights to recover h...Published: 30 Mar 2019 at 22:40hrs | 753 | by Staff reporter
NetOne hikes prices too
Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has approved request made by state-owned mobile operator NetOne to increase tariffs effective 1 April 2019, ...Published: 30 Mar 2019 at 22:15hrs | 2022 | by Staff reporter
Call for Zimbabwe banks to embrace digital technologies
The banking sector has been called upon to embrace digital technologies which will enhance strategic partnerships and ensure efficient services to clients. The call was made at the 25th WSBI Africa Re...Published: 27 Mar 2019 at 22:54hrs | 306 | by Staff reporter
30 families face displacement from Zimplats tailings dam
CLOSE to 30 families resettled by government at the foot of Zimplats tailings dam in Chegutu need to be urgently relocated because they face imminent danger in the event that the wall collapses, the c...Published: 27 Mar 2019 at 07:03hrs | 287 | by Staff reporter
New telecoms tariffs loom
CONSUMERS of telecommunications services must brace for a significant increase in tariffs, which will further eat into their pockets.The director-general of the Postal and Telecommunications R...Published: 22 Mar 2019 at 16:23hrs | 507 | by Staff reporter
OneMoney debit card use rises
NetOne's mobile money platform, OneMoney, recorded a 32,7 percent increase in subscribers to 241 566 in the fourth quarter to December 31, 2018 from 181 990 in the previous quarter, latest data show. ...Published: 21 Mar 2019 at 09:49hrs | 987 | by Staff reporter
Mobile network operators record 36% revenue jump
ZIMBABWE'S mobile network operators recorded a 36% increase in revenue to $1,1 billion in the full year to December 2018 despite a 25% increase in operating costs, the industry regulator has reported....Published: 21 Mar 2019 at 07:30hrs | | by Staff reporter
NetOne outpaces competitors, active subscriber base balloons
STATE-OWNED mobile phone company NetOne recorded a massive growth in active mobile subscriptions in the fourth quarter of 2018, while its two rivals, Telecel and Econet, reported a marginal increase o...Published: 20 Mar 2019 at 18:47hrs | 1974 | by Ndou Paul
Government sells NetOne and TelOne
The Government has announced that it is selling its shares in the two giant Telecommunications companies TelOne and NetOne.The Minister of Finance and Economic Development, MthuliNcube told a ...Published: 20 Mar 2019 at 09:52hrs | 8854 | by Mandla Ndlovu
Zimbabwe inflation to decline to 10%
Finance Minister Mthuli Ncube sees inflation - currently at 59% - declining to 10% by the end of the year.He is banking on slowing down money supply, liberalisation of the exchange rate and ot...Published: 20 Mar 2019 at 07:53hrs | 2942 | by Staff reporter
Here's how Zimbabwe plans to raise $350 million
Zimbabwe expects to raise $350 million from selling shares in five state-owned telecommunications companies and a bank, as part of economic reforms being pursued by the government, Finance Minister Mt...Published: 19 Mar 2019 at 18:30hrs | 2818 | by Reuters
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: 17 Mar 2019 at 08:45hrs | | by Mthuli Ncube
Telecel Zimbabwe faces eviction
Telecel Zimbabwe (Pvt) Ltd is set to be evicted from its two rented premises belonging to First Mutual Investment Company (Pvt) Ltd after accumulating rental arrears amounting to US$40 843.The...Published: 15 Mar 2019 at 06:01hrs | 547 | by Staff reporter
Consumer rights group to lobby Parly over data bundles costs
A CONSUMER rights' watchdog has launched a campaign against high mobile data costs, after recent reports showed that Zimbabwe had some of the most expensive data tariffs on the continent.This ...Published: 14 Mar 2019 at 07:46hrs | | by Staff reporter
Network disruptions to continue
DISRUPTIONS to telecommunication networks will continue because operators owe millions of dollars to foreign firms for maintaining and upgrading their infrastructure due to the unavailability of forex...Published: 07 Mar 2019 at 06:53hrs | | by Staff reporter
Privatisation of Zimbabwe parastatals takes shape
Finance minister Mthuli Ncube says government will appoint transaction advisors to spearhead the privatisation of five key State-owned enterprises (SOEs).The targeted five enterprises are Zimp...Published: 06 Mar 2019 at 06:44hrs | 3654 | by Staff reporter
Zesa prepaid electricity system down
ZESA Holdings says it is experiencing technical challenges on its prepaid system countrywide.Scores of people throughout the country experienced difficulties in buying electricity tokens throu...Published: 05 Mar 2019 at 07:21hrs | | by Staff reporter
Zimra in fresh scandal
ZIMBABWE Revenue Authority multi-million dollar contract to install an online payment system in 14 banks linked to the tax collector was an underhand deal with no approval from the board, the High Cou...Published: 04 Mar 2019 at 07:22hrs | 1207 | by Staf reporter
Warrant of arrest for VID official's impersonator
A Beitbridge magistrate has issued a warrant of arrest for Sydney Mashu (57) of Mutare who absconded trial for impersonating a senior Vehicle Inspect Department (VID) official and fleecing aspiring dr...Published: 08 Feb 2019 at 08:39hrs | | by Staff reporter
MNOs restore full Internet services
THE High Court in Harare yesterday ruled that National Security Minister Owen Ncube had no authority to order a shutdown of Internet services. Service providers immediately restored services. ...Published: 22 Jan 2019 at 08:04hrs | | by Staff reporter
Zimbabwe High Court to rule on Internet suit
THE High Court in Harare will today rule on the legality of the Government's directive to mobile network operators to shut down all internet operations in the country during last week's violent demons...Published: 21 Jan 2019 at 08:13hrs | 565 | by Staff reporter
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