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Harare
Sunday, November 28, 2021
HARARE – The telecoms market is not insulated against the weakening economic situation. The recent Q2 2021 report by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) shows that the sector is grappling with severe economic distress. The sector reported an...
Group revenue grew by 7.8%Service revenue increased by 9.4%Voice revenue grew by 2.6%data revenue grew by 37.2% Harare - South Africa’s telecoms giant Mobile Telephones Network (MTN) posted strong results for the half year period ended 30 June 2020 against a backdrop of...
Robust contingency planning across the business implementedPersonnel can work and collaborate from remote sitesThe company is executing plans to ensure network and system continuity Harare- Telecoms service provider, Liquid Telecom has taken steps to ensure the safety of its workers and customers as the Coronavirus (Covid-19) has spread...
In Zim Econet bemoaned low smartphone penetrationIn sub-Saharan Africa over 400M people still don't have access to mobile internetMobile has played a key role in breaking down ecosystem and interoperability challenges HARARE - Stanbic Bank Zimbabwe’s parent company, Standard Bank Group, says for increased...
Headline earnings per share expected to grow by between 115% and 125%Earnings per share expected to grow by between 160% and 170% Harare - One of South Africa’s telecom giant Mobile Telephones Network (MTN) expects a growth in profit for the six months...
Mobile internet and data traffic increased by 56.2%People resorted to the internet and technical apps for work, education and informationOther segments like voice traffics registered declines Zimbabwe’s mobile internet and data usage exponentially increased during the second quarter of 2020 amid the coronavirus...
Zimbabwe’s smart phone penetration is at low 52%Increased access to data services is necessary to support online education, health and business digitalisation initiativesEconet service approximately 60% of all the mobile customers in Zimbabwe Harare – Zimbabwe’s leading Telecommunications Group, Econet Wireless Zimbabwe Limited...
Revenue increased by 15.98%Customer base grew by 7% Harare – Airtel Networks Zambia saw an increased revenue for the six months period to 30 June 2020 compared to the same period last year. In a half year results publication,...
Daily limit revised to a floor of ZW$20, 000Monthly ZIPIT transaction value curbed at ZW$100, 000The unfolding scenario is a replay of yesteryear casino economics Harare – In a battle to curb parallel exchange market activities which has seen the black market exchange...
Data and voice traffic volumes up 77% and 25% respectivelyDebenture holders to redeem US$14.8 millionMore network investment needed to meet increased customer demand Harare- Listed telecommunications giant, Econet Wireless Zimbabwe Limited witnessed an increase in both data and voice traffic volumes in the...