Econet has just reported that it has retrenched 100 employees in efforts to streamline operations in an environment where revenues have fallen.
Here’s a look at why Zimbabwean business icon and telecoms magnate Strive Masiyiwa’s detailed story of fighting corruption in Africa is important.
Despite the minister’s less than eloquent responses in a radio interview, Infrastructure Sharing must proceed and Econet must work out its strategy especially where it may relate to how they source the funding for its infrastructure expansion.
According to some sources from Econet, the Tengai team is working on a comeback for the hacked e-classifieds site. Efforts are being put into creating a secure platform, though the sources couldn’t specify what sort of changes would be made to make the e-commerce platform more robust.
Muzinda Hub is partnering with the Global Business Coalition for Education to run an initiative called the #UpForSchool Campaign, in Zimbabwe. The hub will be developing free websites for the first 20 schools that support this cause by mobilising 1,000 signatures for the #UpForSchool petition.
Econet has remained mum on their walkout from the Infrastructure Sharing debate, but it cannot afford as a business to just let it slide. What are some of its options going forward?
Some people don’t know what Muzinda Hub is or what it’s all about. This is despite some links to the most visible local tech company, Econet Wireless. This is likely to change now that Econet has started referencing the hub and the work that it’s doing.
Steward Bank is offering tertiary students entry level smartphones through a Student Account credit facility. Here is a look at the impact of this strategy.
Liquid Telecom, the Pan- African Telecoms infrastructure company has entered into a partnership with another African telecoms giant, MTN. This is part of an arrangement meant to ensure that the customers for both companies benefit from a wide fixed and wireless footprint.
Anonymous Zimbabwe has claimed responsibility for hacking the Tengai.co.zw e-commerce website while lobbying for net neutrality. It has also threatened Tengai and the mobile operator Econet, giving both parties until the 8th of August to issue a press statement or face unspecified action.
It seems Econet, banking on its market share and business interests, is still unwilling to enable interoperability in some aspects of their services, particularly hand to hand wallet to wallet interfacing. This is unlike the competitors OneWallet, Telecash and Nettcash.
In a few days, mobile operator Econet Wireless is going live with the online classifieds platform tengai.co.zw. We were invited to the press launch which is slated for Monday 27 July. tengai.co.zw will operate with free advertising for anything posted on the platform, along with free browsing for Econet broadband subscribers.
In threatening Econet with havoc if they don’t share infrastructure, the ministry of ICT missed an opportunity to appreciate the significant contribution that Econet’s investment in infrastructure has made. But all this would be easier to say if Econet themselves were fair in the ecosystem they play in.
Operators would rather “go it alone” than share infrastructure despite the fact that there is an opportunity for cost savings of up to 40%. To the consumer it makes absolutely no sense that they should have to pay higher tariffs for a service when there is a clearly a better way for all stakeholders to benefit.
The introduction of the dual account setup by Econet was a huge advantage on the part of the subscriber in terms of conserving data but it may yet turn out to be an inconvenience for Econet, VAS providers and some subscribers who are critical about their VAS services.
Recently, Strive Masiyiwa, the founder of Econet Wireless, was interviewed on CNN. He shared some perspectives on African broadband, the opportunity and power of technology and the internet, as well as the 100 km of infrastructure that his company is building every week across Africa.
This is a review of the Samsung Galaxy S6 Edge, the flagship device from the mobile devices giant. With outstanding specs, and a great design it easily looks like the best device on the market. But is this blend of art and science worth $1,305?
Econet Wireless Global’s CEO Craig Fitzgerald is reported to have stepped down from his position at the helm of the multinational concern. While most of the focus has always been on Econet’s founder, here is a look at some of the work Fitzgerald was responsible during his tenure.
Telecoms infrastructure is back in the news again. No, it isn’t another loaded press release from an operator. Instead, we have some words from the Minister of ICT, Honourable Supa Mandiwanzira. We managed to ask him a couple of questions regarding his views on infrastructure rollout at a national level as well as its distribution, […]
Here’s a pdf of the High Court order used to raid The Source. Click on the picture to download it, or just here: http://www.techzim.co.zw/wp-content/uploads/2015/03/Econet_Steward_Bank_Provisional_High_Court_Order.pdf
We have just received a statement from the online publication, The Source, on the events that have happened around their offices being raided by Econet Wireless executives accompanied by the Sheriff and Police. The statement essentially calls out Econet Wireless and Steward Bank on their actions since yesterday, apparently exposing the ill intent of the two companies against […]
Following the raid on a Harare based online publication, The Source, yesterday, Steward Bank called for a press conference this morning. The conference however never happened as journalists demanded that Tawanda Nyambirayi, the legal lead for Econet and Steward Bank, apologise for the raid before proceeding with the presser. Nyambirai refused to aplogise and later said he stood […]
What do we remember about telecoms services last year? Well, for one thing Econet Wireless went all out with new products. The mobile network operator seemed to extend its hand to everything from money remittances to cars and water. What ended the year though was the launch of EcoSure, the mobile insurance product that took […]
About a month ago, we got information and published that Econet wad preparing to re-launch what used to be (a nightmare) called EcoLife. Today, that product is being officially launched in Harare, but under a different name – EcoSure. This is one product that has taken Econet a long time to deliver both because of the […]
We’ve confirmed via a number of sources that current EcoCash CEO, Cuthbert Tembedza, is leaving Econet Wireless. Tembedza is leaving Econet after about a year & a half and after leading the mobile money company through a period of tremendous success cementing EcoCash’s position as the undisputed leader in mobile money in Zimbabwe. We contacted Tembedza to learn more […]
Econet Wireless recently introduced a new suite of bundles that offer voice and data at a discounted rates. The product, called Bundles of Joy, also has unlimited local SMSes for the $5, $10 and $20 bundle sizes. At face value this a great deal. For the $5 bundle that has all the services (voice, data […]
The issue of the EcoCash API has been elusive. First it was a rumour last year. EcoCash itself denied it officially, but those inside told us the company was indeed working on something, or at least had got some people to work on something to enable merchants to process payments online. Then came what appeared to be Econet’s own […]
A report in the Herald today says Econet Wireless Zimbabwe is being investigation by the Competition and and Tariffs Commission (CTC) for anti-competitive business practices around it’s relationship with local financial institutions on mobile money and mobile banking. The issue is really that of the banks wanting neutral access to the Econet’s network subscribers via regular USSD (and […]
Econet Wireless, it is emerging, will be launching a new subscription and “pay as you go” TV service called ipidi in the coming weeks to few months. A job advert for a marketing director that the company posted to its website last week Wednesday shows the company is looking to fill the position, in their words, “as soon […]
We are excited to announce the second edition of the Broadband Forum scheduled for the 6th of June 2014 at Cresta Lodge Harare riding on the theme “Rolling the D.I.C.E. for a connected Future.” The event is focused on creating a platform where the various stakeholders from different facets of broadband technology can identify its […]