Public outrage forces Potraz data tariff reversal
HARARE, January 13 (The Source) – The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has cancelled its directive compelling mobile telephone network operators to increase...
View ArticleRegional body says to set universal mobile data tariffs by 2019
HARARE, January 24 (The Source) – Communications Regulators Association of Southern Africa (Crasa) says it plans to set up a mechanism for enforcing universal mobile data tariffs for countries in the...
View ArticleZSE orders Econet to postpone EGM
HARARE, Feb 1 (The Source) – Econet Wireless Zimbabwe’s extraordinary general meeting, slated for Friday to consider a proposed $130 million capital raise, has been postponed indefinitely, the Zimbabwe...
View ArticleEconet defies ZSE, says EGM to go ahead
HARARE, February 2 (The Source) – Econet Wireless says its extraordinary general meeting to consider a proposed $130 million capital raise will go ahead as planned on Friday, setting itself on a...
View ArticlePotraz to mortgage telco fund for Chinese loan – Mandiwanzira
HARARE, February 2 (The Source) – The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) plans to use its cash rich Universal Services Fund (USF) as collateral to access loans from...
View ArticleStanchart cancels use of international VISA cards
HARARE, February 7 (The Source) – Standard Chartered Bank’s Zimbabwean unit on Tuesday cancelled the automatic use of its VISA cards internationally in response to a deepening shortage of US dollar...
View ArticleTelecom sector revenue up 3pct in Q4
HARARE, March 8 (The Source) – Zimbabwe’s telecommunications sector reported a three percent increase in revenue to $269,5 million in the quarter to December as revenues across all subsectors grew,...
View ArticleTelOne slips to $35mln FY loss as voice revenue drops 25pct
HARARE, March 13 (The Source) – State-owned fixed line operator TelOne slipped to a $35 million loss in 2016 after income from its voice service dropped by a quarter, documents have shown. The telco,...
View Article“Govt should consolidate ICT assets for maximum gain”
HARARE, April 6 (The Source)- Government needs to consolidate its interests in the ICT sector to unlock value from investments made and avoid duplication of structures, an industry official has said....
View ArticleEconet reports 10pct drop in full-year profit
HARARE, May 31 (The Source) – Econet Wireless, Zimbabwe’s largest telecommunications company, has reported a 10 percent fall in annual profit to $36,2 million, citing a decline in consumer spending....
View ArticleEconet leverages on broadband and Ecocash to protect topline
By Simbarashe Zishiri, HARARE, June 14 (The Source) – Zimbabwe’s largest mobile operator, Econet continues to leverage on broadband and mobile transactions growth to protect its topline against a...
View ArticleQ1 mobile revenue falls 10pct as costs spike
HARARE, July 3 (The Source) – Revenue for Zimbabwe’s mobile operators fell by 9.7 percent from $199.2 million to $179.8 million in the quarter to March, as voice income plummeted and operating costs...
View ArticleThe dark side of voting technology
By Dambisa Moyo, NEW YORK – According to an unpublished “kitchen table survey,” conducted before last November’s presidential election in the United States, approximately 95% of the predominantly...
View ArticleInternet and mobile transactions reach $1,5bln monthly
HARARE, August 3 (The Source) – Internet and mobile based transactions reached $1,56 billion in May, nearly double from $814 million in January driven by massive uptake of the electronic payments....
View ArticleChinamasa – from Treasury czar to policing social media
HARARE, October 10 (The Source) – On September 27, a panicky Patrick Chinamasa, then finance minister, threatened to tighten government controls on social media, blaming it for fuelling shortages of...
View ArticlePotraz slashes mobile data costs by 60pct, move to hit telcos revenue
HARARE, June 20 (The Source) – Zimbabwe’s telecoms regulator has slashed the cost of mobile data and that of mobile transactions by 60 percent from next month, to make access to the internet more...
View ArticleZimbabwe tops data costs table
HARARE, October 25 (The Source) – The latest report by the the Alliance for Affordable Internet (A4AI) says Zimbabwe has highest mobile data costs in the region at $25 per gigabyte. The fifth edition...
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