Business »
Friday, 28 December 2012 15:04
HARARE - Zimbabwe Stock Exchange-listed TN Bank Limited (TN Bank) seeks shareholders’ approval to delist from the local bourse at its January 18, 2013 extraordinary general meeting. This comes after telecommunications giant Econet Wireless Zimbabwe (Econet) acquired 100 percent of the...Read More
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Business »
Wednesday, 07 November 2012 13:11
HARARE - Econet Wireless says it has linked up with, Econet Wireless South Africa, to provide the cheapest rates for calls from the country to Zimbabwe. The service, dubbed “Call Home”, now allows Zimbabweans in South Africa to call home during...Read More
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Business »
Saturday, 27 October 2012 12:11
HARARE - Zimbabwe's biggest telecommunications firm Econet Wireless reported a 6,8 percent surge in half-year earnings to $78 million, driven by subscriber growth following a $63,1 million investment to expand its mobile phone network. Douglas Mboweni, Econet chief executive told analysts...Read More
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Business »
Saturday, 27 October 2012 12:09
HARARE - The country’s largest mobile money transfer by registered users, EcoCash, has transacted over $300 million since its inception last year, the businessdaily said. “EcoCash moves millions of dollars every day from urban to rural areas helping to revitalise rural...Read More
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Business »
Thursday, 18 October 2012 14:34
HARARE - Econet Wireless plans to increase its mobile money transfer EcoCash outlets from the current 1 350 to more than 5 000, enabling more convenience to the transacting public. “The idea is to make sure within the shortest distance possible,...Read More
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Business »
Wednesday, 17 October 2012 13:50
HARARE - Liquid Telecom (Liquid), part of the Econet Wireless Group, has announced an alternative route for the country’s high speed international traffic after concluding a direct connection of its fibre to the West African Cable System (Wacs) landing station near...Read More
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Business » Roadwin Chirara, Business Editor
Friday, 05 October 2012 10:16
HARARE - A Lagos High Court on Thursday dismissed Bharti Airtel application to set aside an award made in favour of Econet Wireless Limited (EWL) by an international commercial arbitration tribunal. Bharti Airtel had sort to prevent the tribunal from assessing...Read More
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Business »
Tuesday, 02 October 2012 14:46
HARARE - Mobile operator, Econet Wireless (Econet) says its mobile money platform, Ecocash now boasts of 1,7 million registered users. According to the company, EcoCash is now the second fastest growing mobile money transfer service in the region after M-Pesa launched...Read More
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Business »
Tuesday, 25 September 2012 12:59
HARARE - Mobile operator, Econet Wireless Zimbabwe (Econet), whose subscriber base hit 7,1 million, has set its sight on reaching 10 million users by the end of next year. Econet chief executive Douglas Mboweni thanked the people of Zimbabwe for their...Read More
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Business »
Wednesday, 19 September 2012 11:46
HARARE - Mobile operator, Econet Wireless Zimbabwe (Econet), says its customer base has surged to over 7 million connected users from 6,4 million in February. The company said it has the capacity to rise further to 8,5 million customers. Econet,...Read More
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Business »
Wednesday, 12 September 2012 11:08
HARARE - Econet Wireless Zimbabwe (Econet) – Zimbabwe’s largest mobile service provider – yesterday unveiled a solar powered environmentally friendly kiosk, as part of its ‘green’ campaign. The campaign is focused on investing in alternative energy sources, raising environmental awareness and...Read More
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Business »
Tuesday, 28 August 2012 14:36
HARARE - Zimbabwe’s largest telecommunications company, Econet Wireless, has invested in network equipment as part of its expansion drive to reach its capacity to 10 million subscribers. Econet said shipment of the equipment, which began in the last few days, was...Read More
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Business »
Tuesday, 28 August 2012 14:25
HARARE - Econet Wireless (Econet) yesterday disconnected government-owned cellular network operator NetOne again over a $19 million debt while the High Court was sitting to hear the case. NetOne made an urgent chamber application at the High Court last Thursday seeking...Read More
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