Oh boy, here we go again. Here’s how the story is being told. MTN wants a slice Zimbabwean telecoms and it’s been sniffing around for potential investment opportunities that could lead to it acquiring an interest within our borders. Sound familiar? That’s because we’ve heard it before. A new report in the Financial Gazette has […]
Last night, Steward Bank, the financial services subsidiary of Econet Wireless Zimbabwe, officially opened its flagship branch at Eastgate Mall in Harare. Speakers at the event included the new Steward Bank CEO Lance Mabondiani and Japhet Aritho, the head of EcoCash. They both highlighted the focus of tapping into Econet’s tech and financial services strengths […]
Lamudi, the online property listings company that set up offices in Zimbabwe sometime last year has managed to raise $18 million in funding. This capital will be used for revenue and market share development funding for the global group. According to report on TechCrunch, the capital was raised from Asia Pacific Internet Group. This is […]
Long before social media received a global definition from Mark Zuckerburg’s Harvard dormitory experiment, a lot of people had been experiencing the opportunity of the internet as huge meeting place for potential partners and social connections through online dating. The phenomenon has changed dramatically (to think it used to be email only) to incorporate social media […]
Local network operator NetOne placed an advert in today’s Herald talking about the introduction of a new roaming option for its Easycall subscribers. Labelled as “A first for Zimbabwean Roaming, ” the new Easycall prepaid roaming option allows subscribers who are using the roaming facility to recharge their lines with airtime from MTN when roaming […]
Rocket Internet, the German company builder and incubator recently confirmed that it would be launching an Initial Public Offering (IPO) later this year on the Frankfurt Stock Exchange. Rocket Internet, which focuses on emerging markets and has a significant footprint in Africa has already established a presence in the Zimbabwean tech space through online real […]
In a press release sent out today by global telecoms giant MTN, them and Huawei claim to have achieved a major milestone in the global telecommunications industry by successfully completing tests of what is “currently the fastest and most intelligent optical network to date in the industry”. Using MTN’s backbone fibre in South Africa, the two companies […]
Unbeknownst to most of us, MTN, Africa’s mobile telecoms giant, is actually already in Zimbabwe. They just aren’t fighting on the highly regulated front of mobile telecoms. In Zimbabwe, and other countries on the continent where MTN doesn’t do traditional mobile telecoms business, the company is now operating internet startups such as a newly launched […]
Jason Njoku, the Nigerian co-founder of iROKO Partners, speaks his mind. Often enough and candid enough he has enough people criticising him, especially in Nigeria itself. Take this piece he wrote in January this year for example in which he decries the lack of local internet company champions in Nigeria, a problem which, he said, had created ample space for the likes of […]
Exciting news out of South Africa advise that MTN SA have launched a Visa card for their Mobile Money uses, following in suite of mobile payments pioneer M-PESA who did something similar way back in 2011! Orange also has a similar service. MTN has brought convenience to its users allowing them to make purchases at Visa […]
Yesterday, Orange Telecom, a French owned mobile telecoms company with operations in a number of African countries, announced the launch of a startup incubator in Niger. The incubator is the third the company has launched after similar ones in Niger and Mauritius. Earlier in the month, Safaricom’s CEO, Bob Collymore told Bloomberg TV Africa that they are […]
Naija MNOs fined for poor service (Mybroadband) The Nigerian Communication Commission has fined all the mobile operators in that country a combined $4 million for poor service. The operators are MTN, Globacom and Airtel. The companies have also been banned from selling new SIM cards in March and an additional 2.5 million Naira penalty will […]
Vodacom files court papers against Icasa (Techcentral) Following after MTN, South Africa’s biggest mobile network Vodacom, has filed papers against their regulator Icasa over proposed cuts in mobile termination rates. Icasa has already postponed the implementation of the new regulations after MTN filled papers against them. MTN and Vodacom stands to lose the most from […]
Cell C to fight MTN’s application to review Call Termination Regulations (Mybroadband) As expected, a new twist to the Call termination regulations story in South Africa. Cell is expected to benefit the most from the new regulations that ICASA is trying to introduce, but which are being fought by MTN. Cell C is consulting […]
MTN files suit against regulator (Techcentral) WeChat partners with DStv to drive second screen user engagement (Ventureburn) A quick look at the government websites of the 54 African states (Mobility) Yahoo acquires and shuts down startup Distill (Business Insider)
The Tech scene has been on the brim over this past week both locally and regionally. Locally, Telecel’s long awaited mobile money service Telecash was finally launched but the launch may have been overshadowed by the short lived EcoCash Droid app created by the Gedion Moyo’s – at least here on Techzim. Internationally, Lenovo’s purchase […]
Last week, one of the most visible internet access providers in Zimbabwe, Africom, went to the press with an announcement that they had partnered MTN to “connect Zimbabwe to the rest of Africa and the world.” We found this mostly meaningless, because, well, Zimbabweans are already connected to the rest of Africa and the world […]
Yesterday, Africom, an Internet Access Provider in Zimbabwe, had a supplement in one of the major weekly papers called Fingaz. Among the announcements in the paper, was an article with the title “Africom, MTN deliver African dream” that no doubt caught our attention. Keen to know what this new partnership is about, we read the details, this: […]
Four executives in African telecoms companies have been listed in the Global Telecoms Business Power 100, a list of the world’s most powerful individuals in telecommunications. The four are; Zimbabwean born Sifiso Dabengwa the CEO of MTN in South Africa, Shameel Joosub the CEO of the Vodacom Group, Chris Wood, the chairman of undersea fibre […]
Just days after Zimbabwe’s ICT Minister Nelson Chamisa declared he would crack the whip on Mobile Network Operators (MNOs) in the country for poor service delivery, POTRAZ, the telecoms regulatory body, has revealed that it’s currently unable to measure the networks’ quality of service (QoS). The revelations were made this week in an article published […]
South African based telecoms company MTN Group marked Mandela Day by conducting various acts of goodwill in some of it’s operations across Africa and the Middle East. The 18th of July has been officially adopted by the United Nations as “Nelson Mandela International Day”. Mandela Day marks the birthday of South Africa’s first democratic president […]
The bribery scandal involving the MTN Group and its Iranian associate MTN Irancell is gathering momentum following the suspension of Yusuf Saloojee, South Africa’s ambassador to Oman. Saloojee is the former SA ambassador to Tehran and is among government officials named in the Turkcell Iletisim Hizmetlera AS lawsuit documents citing bribery in the awarding of […]
Ugandan news sources reported this week that African mobile giant, MTN, reportedly lost billions of shillings from its mobile money service in a fraud case involving the operator’s employees. Though information about the fraud and the investigations around it is only surfacing this week, the fraud itself is reported have occurred in 2011.
Paul Graham, Founder of the Y Combinator incubation hub once spoke of the ingredients required to create Silicon Valley. He summed it up as a combination of:
Rich people (angel or VC investors) + Nerds (talent)
Every year, Interbrand undertakes an extensive probe to determine the world’s top 100 brands. The branding consultancy is among the world’s frontline experts in its field. Along with a parallel ranking conducted by Brand Finance, Interbrand’s top 100 brands survey has become a global standard.
According to a story by Godfrey Marawanyika on Bloomberg, Reward Kangai, the CEO of Netone has revealed that the company has been approached by six foreign investors with four having communicated within the last two weeks. Of the six, Bharti Airtel and MTN Group are front runners as they are spread across more African countries than any other operator on the continent.
Last week, Spiritage (well, their Brodacom subsidiary) posed the question: What would you expect from a true4G network? This is a bold question to ask. Indeed it’s a bold statement in itself; it authoritatively declares that Brodacom is here to offer genuine 4G. It’s bold in that, even in developed economies, large telcos claiming to offer 4G services are being asked to back their 4G claims with some real facts or cease the advertising. Just next door in South Africa, Cell C was forced to pull its 4Gs advertising after MTN and Vodacom lodged complaints with the Advertising Standards Authority of South Africa accusing Cell C of misleading the consumers.
Africa’s Telecoms Titans is a series by Techzim profiling the top 20 leading mobile operators on the continent. Each segment focuses on a specific mobile operator with insights into services provided including marketing and technical competencies.
The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has revealed through Zimbabwe’s state owned daily, the Herald, that it granted TelOne a GSM mobile phone license late last year.
TelOne is Zimbabwe’s only fixed line operator and is owned by the government. TelOne becomes the country’s fourth mobile operator. The other three are Econet, Telecel and the state owned mobile operator, NetOne.
The rumours about MTN’s interest in acquiring a stake in one of Zimbabwe’s mobile operators have resurfaced, only this time it’s the government owned NetOne up for grabs.
So yes, we’re gleefully wagging our tails yet again, hoping this is not just another Telecel story. MTN was last year reported to be courting Telecel in a deal to acquire a controlling stake in the second largest (by number of subscribers) mobile operator. There was a lot of hype around the deal, with subscribers vowing to switch from whatever network they were on to the new Telecel. But the excitement had to die down. What with the long wait? The then ‘imminent’ deal never was.