Business »
Tuesday, 12 March 2013 11:31
HARARE - Econet Wireless has slashed the cost of sending money through EcoCash by as much as 34 percent, with transactions of less than a dollar now completely free. The new tariff regime is expected to accelerate growth of a service...Read More
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Features »
Monday, 04 March 2013 12:35
HARARE - Each week, Shingirirai Kativhu sends about $35 to his wife, who is raising their four children in a far-flung village in eastern Zimbabwe. But Kativhu cannot afford a bank account and has lost some money sending it through...Read More
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Business »
Sunday, 03 March 2013 14:29
HARARE - Over two decades ago, Strive Masiyiwa took the Zimbabwean government to court in a gruelling five-year legal battle. Masiyiwa had been planning to launch his own mobile telecoms company, but the government, which claimed it held an exclusive monopoly...Read More
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Business »
Thursday, 21 February 2013 15:51
HARARE - Econet Wireless (Econet) has appointed Cuthbert Tembedza as chief executive solely for EcoCash, indicating growing confidence in the mobile money transfer business. Tembedza, who has been with the mobile network operator for two weeks, said he had a “vision...Read More
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News »
Tuesday, 12 February 2013 09:59
HARARE - Econet Wireless (Econet) executive Darlington Mandivenga says remarks made by immediate past Bankers Association of Zimbabwe (BAZ) president John Mushayavanhu that the mobile giant has “denied banks access” to its platform for integration are misplaced. The long-serving executive, who...Read More
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Africa »
Monday, 11 February 2013 12:54
HARARE - TN BANK Limited (TN Bank) was yesterday de-listed from the Zimbabwe Stock Exchange (ZSE) following its takeover by Econet Wireless Zimbabwe Limited (Econet). Econet — Zimbabwe’s largest mobile network operator — increased its stake in TN Bank to 97,96...Read More
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Business »
Thursday, 07 February 2013 14:57
HARARE - Econet Wireless Zimbabwe Limited (Econet) has increased its stake in TN Bank Limited (TN Bank) to 97,96 percent following a cash and share swap deal. Consequently, the mobile network operator will de-list the bank from the Zimbabwe Stock Exchange...Read More
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Business »
Friday, 25 January 2013 12:12
HARARE - Econet Wireless (Econet) plans to rebrand TN Bank Limited (TN bank) following its acquisition of the financial institution. While sources said the mobile network operator had already changed TN Bank’s operating system, Econet could not disclose details of the...Read More
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Sport »
Friday, 25 January 2013 09:14
HARARE - One of Zimbabwe’s greatest sports personalities of all time, Kirsty Coventry, has kick-started her two-week tour of the country in which she hopes to inspire budding sports stars to become their own heroes. Partnered by Econet Wireless, Croco Motors...Read More
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Business »
Wednesday, 16 January 2013 12:14
HARARE - Econet Wireless Zimbabwe (Econet)’s share price yesterday advanced 5,11 cents to close at 485,11 cents on the Zimbabwe Stock Exchange (ZSE) as the mobile network operator hit eight million subscribers. The group dominates the mobile market in Zimbabwe, which...Read More
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Business »
Tuesday, 15 January 2013 11:46
HARARE - Econet Wireless Zimbabwe (Econet) — the country’s largest mobile network operator — says it has reached eight million subscribers. George Barbaressos, Econet’s commercial director said demand for Econet’s lines remained “very, very strong”. “People have realised that we offer...Read More
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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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