Articles tagged 'econet'

Ezekiel Guti steals show at Cassava listing 24 December 2018 HARARE - Econet Wireless (Econet) founder Strive Masiyiwa has always attributed his entrepreneurial success to faith and divine intervention, but only last year did he reveal how clergyman Ezekiel Guti was closely involved in his personal journey. Writing on his Facebook wall in October 2017, ...
Cassava lists on ZSE 20 December 2018 HARARE - Cassava SmarTech (Cassava) made history yesterday when it became the first fully integrated financial technology company to list on the Zimbabwe Stock Exchange. Jesimeni Chipika, the Reserve Bank of Zimbabwe (RBZ) deputy governor who was guest of honour at the ceremony, said the listi...
Storm at ZSE: Daggers drawn out over Econet transaction 12 December 2018 HARARE - A storm is brewing over claims by some stockbrokers of alleged interference in the independence of the Zimbabwe Stock Exchange (ZSE) by one of the country's leading asset managers. Highly-placed sources told the Daily News yesterday that some stockbrokers were contemplating lodging a ...
Econet launches flexible YoMix value bundle 3 December 2018 HARARE - Econet Wireless has launched YoMix, a flexible value package that empowers customers to design customized bundles of voice, data, SMS, media, and other value-added services to suit their own needs. Customers will access the service via USSD, using a mobile App, or through a web interf...
Econet shareholders approve Cassava demerger 29 November 2018 HARARE - Shareholders of Econet Wireless Zimbabwe have approved the demerger and independent listing of its Technology and Fintech business Cassava Smartech. At an Extraordinary General Meeting (EGM) held at the company's head office in Harare yesterday, Econet shareholders unanimously voted f...
Cassava modeled around giant Chinese company Tencent 21 November 2018 HARARE - The vision behind Cassava Smartech is to create a technology company similar to China's Tencent, according to Cassava Group CEO, Mr Darlington Mandivenga. Tencent, one of the largest companies in the world, is a corporate behemoth with a market capitalization, at its peak, of over US$...
Econet dominate ZSE 20 November 2018 HARARE - The Zimbabwe Stock Exchange (ZSE)'s trading was dominated by transactions in telecommunications giant, Econet, as the stock contributed 22 percent to $16 million spent on the bourse last week. Equities analysts at EFE Securities (EFE) said the trades — set to culminate in a debenture ...
Kirsty Coventry leads Econet Glen View clean-up campaign 17 November 2018 HARARE - Econet Brand Ambassador Kirsty Coventry, this week, joined Glen View and Budiriro communities in a clean-up campaign as the mobile operator continues with efforts to fight cholera. Armed with a shovel, clad in a white dust coat, sunny hat and a respirator, the Youth, Sport, Arts and R...
Econet denies increase in its data prices 10 November 2018 HARARE - Econet Wireless has distanced itself from a false message circulating on some social media platforms, claiming that the company had increased its data prices and discontinued its monthly data bundle package. The company said the false message did not originate from them and urged thei...
Cassava Smartech hosts Murehwa EcoFarmer Expo 5 November 2018   MUREHWA – Cassava Smartech, the Econet group's soon-to-be-listed division, yesterday successfully hosted a first-of-its-kind EcoFarmer expo at Murewa Centre, 90km northeast of the capital Harare. The farmers' expo, themed “Taking Farming to the Next Level” was attended by over 3 500 farme...
Econet sues to recover debt 24 October 2018 HARARE - Econet Wireless has sued the Radiation Authority of Zimbabwe to recover a debt of nearly $2 000. According to court papers, Econet Wireless, entered into a Customer Connection Agreement under which the authority was to get cellular network services from the mobile cellular operator. ...
Econet set to spin off Cassava to create Fintech giant 18 October 2018 HARARE - Cassava may not yet be a household name in Zimbabwe, but over the next few weeks Cassava is set to become one of the largest companies in the country. The company, best known through its numerous brands that for years have been part of Econet's products and services, is set to emerge ...
Econet, Delta excite foreigners 3 October 2018 HARARE - Foreign investors were net buyers of $1 million shares on the Zimbabwe Stock Exchange (ZSE) in September, with particular interest in Delta and Econet. According to figures from the ZSE, foreign purchases accounted for $21,7 million worth of shares while sales amounted to $22,7 millio...
Econet mulls de-merger 1 October 2018 HARARE - Econet Wireless is contemplating de-merging its operations in a move that could see the Zimbabwe Stock Exchange (ZSE)-listed telecommunications giant separately listing its financial technology business on the local bourse. In a cautionary statement, Econet's company secretary Charles...
HCC to apologise to Econet 20 September 2018 HARARE - The Harare City Council (HCC) has said it will apologise to Zimbabwe's largest mobile telephone company Econet Wireless after municipal officials attempted to steal humanitarian aid meant to stem Zimbabwe's deadliest cholera outbreak in a decade. Econet founder and executive chairpers...
Masiyiwa outrage: Officials attempt to exploit Econet cholera fund 17 September 2018 HARARE - Econet founder Strive Masiyiwa has expressed his outrage at some municipal officials who attempted to defraud cholera response funds donated by Econet valued at $10 million. In a post on his Facebook page, Masiyiwa alleges that suppliers and some officials from affected municipalities...
Econet lends strong hand to cholera crisis 13 September 2018 HARARE - Econet Wireless has mounted a massive public awareness campaign to fight the burgeoning cholera crisis in Zimbabwe, which is reported to have already claimed 21 lives. The company has also begun to offer material support to the public health teams working to combat the epidemic. Ec...
ZETDC rules out withdrawing $2 tokens 10 September 2018 HARARE - The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has allayed fears it was withdrawing the $2 token service for good, stating that it is only temporarily discontinuing it as they fix their vending platform. In a statement, the power utility said only buying $2 ele...
Econet, TelOne comply with directive 7 September 2018 HARARE - The country's largest mobile cellular operator, Econet Wireless Zimbabwe (EWZ), along with TelOne, have complied with a directive issued by the Postal and Telecommunications Regulatory Authority (Potraz). Potraz had written to industry operators directing them to comply with Section 3...
Econet launches EcoFarmer Club 30 August 2018 HARARE - Econet Wireless has launched the EcoFarmer Club which offers farmers access to a rich bundle of services that include agricultural commodity prices, valuable farming tips, relevant local weather information and a mobile trading platform which links farmers to buyers. Speaking at the l...
Econet extends industry lead 10 July 2018 HARARE - The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)'s 2018 first quarter (Q1) sector report shows Econet Wireless maintained its customer and revenue market share leadon the back of consistent growth in the key industry performance indicators. The sector perfor...
Econet completes HQ solar installation 10 June 2018 HARARE - Econet Wireless Zimbabwe (EWZ), the country's largest telecom and technology company, has completed the installation of a solar power system at its head office in Msasa, Harare. The 99.9KW solar system, which was installed by Distributed Power Africa (DPA), a pan-African renewable ene...
Swipe into EcoCash service available 24 May 2018 HARARE - ECONET Wireless Zimbabwe (Private) Limited, the parent company of EcoCash and Steward Bank, advised its customers and the transacting public on Tuesday that the Swipe into EcoCash service was available and there are no plans to discontinue it. This was contrary to some media reports s...
Econet wins top HR awards 10 May 2018 HARARE - ECONET Wireless Zimbabwe has demonstrated its stellar organisational capabilities by bagging top global and national awards for outstanding human capital development. The company was recently awarded the top SMI (Success Motivation International) World Client of The Year prize in the ...
Kwese deny Mighty Warriors sponsorship 17 April 2018 HARARE - ECONET Media's satellite television company, Kwese TV has poured cold water to claims that they are now the official sponsors of the Mighty Warriors and any other women's team on the continent. Last week, Kwese TV's Zimbabwe representative Dorothy Zimuto was quoted in the media seemin...