Would investing 10% of what Masiyiwa put in Kwese TV into the local film industry have been a better investment?
Recently, we published an article detailing how Strive Masiyiwa might end up selling as much as 34% of his stake in Liquid Telecom to pay off Econet Media debts valued at just under US$400 million. At this point it’s clear that Kwese was a COSTLY failure and with the benefit of hindsight it’s easy to […]
Strive Masiyiwa is reportedly having trouble selling off 20-34% of his stake in Liquid Telecom because of the Coronavirus pandemic. The stake he is looking to sell is valued at around US$600 million. Part of the proceeds from the sale of shares will be used to pay Kwese TV’s US$375 million administration bill. Masiyiwa was […]
Dr Dish – remember them- recently got a verdict on their attempt to raid Econet’s premises to present as evidence in a dispute between the two company. This dispute has been so drawn out that, Econet Media and Kwese TV which are a central part of the story are no longer existent after, Econet Media […]
Econet Media was put into administration a few months ago after the company hedged its bets on the wrong horse (figuratively, of course) which left the company staring a US$130 million debt in the face. A tip from a former worker alleges that the Media company’s problems don’t end there as they are allegedly yet […]
Over the last few months, we’ve closely covered South Africa’s struggling telco Cell C. Not only does the company find themself in troubles that have some vague similarities with Telecel but they also had a media division which was like Econet. Interestingly enough towards the end of September after announcing that they had made R8 […]
Of late, a lot of Econet users have been curiously asking what the new “Video Bundle”, they are seeing after dialing *143#, is for. By reaching out to Econet’s customer support on Twitter we finally found out what’s the Video Bundle is all about. Here’s what they said: Remember the Kwese-iflix bundles you used to […]
It’s been like death by a thousand cuts for Econet Media where Kwesé TV died 9 months ago, followed by Kwesé Play recently and suddenly all other services have gone under. That’s it, Econet has officially exited the media business with the shutting down of its subsidiary, Econet Media. Econet Media was the company that […]
As typical, Econet put up big notices announcing the official shut down of Kwese TV, their attempt at the Pay TV landscape. The media release is signed by the Econet Wireless CEO himself: Is it really about Zim economy? No, the issue is not just about Zim. Kwese TV is dead, Econet Media, the company […]
Econet Media CEO Joseph Hundah has said the company going into administration and has already appointed Ernst & Young accountants to take them through this process. Speaking to Business Day, Mr Hundah is said to have claimed that Kwese’s free-to-air business was too small to sustain its operations, but one has to wonder just how […]
Breaking: Econet And Cassava Lose Court Case, High Court Rules That EcoCash Cannot Separate Itself From Cassava
The drama at the courts continues between the Econet family and their former partner Dr Dish. Dr Dish argues that Econet Media owes them $6.8 million as part of their revenue sharing deal when Kwese TV was launched. They are disputing the supposed claim by Econet that they only had 38 Kwese TV subscribers in […]
Yesterday the High Court of Zimbabwe issued an order for the Sheriff of the High Court and lawyers of Dr Dish (PVT) LTD to search several premises where Econet Wireless Zimbabwe Limited and Cassava Smartech Limited operate from. When the sheriff and the lawyers and some folks authorised by the court order to carry out […]
Yesterday we talked about how Econet and ZOL seem to be doubling down on the VOD front. Well it seems they are continuing with their aggressive approach and as part of their Black Friday deals you can now buy the Kwese Play Box for $59 instead of the usual $89. How to take advantage of […]
AfricaCom TV sat down with Joseph Hundah and asked him some questions regarding the future of Pay TV. The interview also touched on some of the challenges in making content for mobile viewers. You can watch the interview below: Quick NetOne, Econet, And Telecel Airtime Recharge Number to recharge: Airtime amount ($): EcoCash or OneMoney […]
Speculation & rumour that Kwese TV is negotiating a deal for PSL TV rights, it seems, won’t die. This, despite the fact that the PSL itself already denied any such negotiation is going on. The current rumours, apparently, are that Kwese TV has submitted a bid for the TV rights to Zimbabwe’s Premier Soccer League. Econet […]
Econet Media (Kwesé) and VICE Media have announced a new joint venture, Kwesé VICE, that will see the launch of a bureau and production studio in South Africa. Kwesé VICE, set to be launched in 2018 will focus on developing, producing and distributing local content and original video programming. That means editorial content and video content distributed […]
Earlier this month Econet Media announced Kwesé Play, a Roku powered streaming box. It has launched in South Africa. They also announced a partnership with Netflix. In the partnership, Kwesé becomes Netflix’s official African partner and the Kwesé Play streaming box becomes the first set-top box to officially include the Netflix service. By Africa they […]
After the recent court ruling that Dr. Dish’s licence was not cancelled, Techzim has been informed that Kwese TV will be back on air any time now, with the latest being tomorrow, Saturday 9 September 2017. The much-awaited satellite tv service will also re-start selling their decoders and satellite dishes, which they’d halted after BAZ […]
At the end of June 2017, Kwese TV and three other TV providers were licensed in Botswana. This was after they applied for licences when public notice for bidding was released early this year. The four companies join Star Times and Mediacore Botswana to make it six TV providers licensed in just two years. It […]
Remember the deal Kwese signed to have its TV content available to mobile subscribers of Kenya and Ghana? The company is looking at mobile networks, like Econet’s in Zimbabwe, as one of the key distribution platforms for its content, which now comprises quite a collection of channels; sports, music, movies, news and so on. In fact, even though […]
Africa’s newest pay-TV player, Econet Media, plans to spend about US $1.19 billion on content acquisition for its Kwese TV platform in the next 5 years, Techzim can exclusively reveal. The information was contained in a document the company submitted to the Lesotho Communications Authority in an application for a TV license in that country. The spend […]
So Kwese has been the talk in the African television industry. Both because the company has been signing lots of content deals in the past year, and that they talk about the deals. It’s a great strategy to stay top of mind. Techzim ran into the company’s business plan and thought we’d share it. Kwese used it to apply […]
Econet Media, the company behind the relatively new kid on the block in African TV called Kwese, has reportedly signed a deal with Kenya’s largest mobile operator Safaricom. Safaricom mobile subscribers will have Kwese TV as one of the services offered by the network. To the best of our knowledge, this is Kwese’s largest network access deal […]
It’s high time the government wakes up and be driven by economic rather than political interests in its policies.
Kwesé TV’s latest deal brings P Diddy’s REVOLT TV to Africa, targets continent’s youthful demographic
The young network has consistently targetted an urban, young audience with distribution and brand growth powered by social media. It will be tying its efforts to Kwesé which has also moulded its content around the huge African huge demographic.
Regulator delays Kwesé TV launch in Zimbabwe, Strive Masiyiwa expresses hopes of getting green light “one day”
Kwesé TV, the pay-TV service that’s part of Econet Media has finally gone live broadcasting in 3 countries as part of its first phase rollout. Rwanda, Zambia and Ghana are the first to view Kwesé TV with Botswana, Nigeria, Tanzania, Kenya and Uganda lined up as the next countries where the service will be launched. It’s set […]
It’s not just a sports affair, though. There are channels for music, news and general entertainment and all in all Kwesé TV offers over 50 channels. These are available on a pay-as-you-watch model with 3 day, 7 day and 30-day subscription options for all its content. The monthly subscription has been set at US$25.
Strive Masiyiwa, the founder and Chairman of the Econet Group recently gave an update on the product development and roll-out plans of Kwesé TV. This is the pay-TV service owned by Econet Media, the entertainment subsidiary of the telecommunications group. In a post providing some entrepreneurial insights on Kwesé TV that were shared on his Facebook page, […]
Econet Media, the company behind Kwesé TV announced the addition of VICELAND to the Kwesé TV lineup. VICELAND is a youth and lifestyle channel owned by VICE Media, a young, North American digital media and broadcasting company. Econet Media signed a deal with VICE Media in mid-2016 as one of its several tie-ups with content partners […]
Econet buys ailing Ghanaian, Nigerian & Ugandan TV channels, closes in on another in Tanzania as it consolidates play for traditional TV
Econet Media, the entertainment subsidiary of African telecoms group Econet Wireless recently announced the conclusion of a deal that will see it take over Viasat 1 a Ghanaian free-to-air (FTA) terrestrial channel. Viasat 1 is owned by Modern Times Group (MTG) a Swedish digital entertainment outfit that also has control of Modern African Productions (MAP) and a majority […]
Amazon launches its TV service, Prime Video, in over 200 countries including Zimbabwe – dangles $2.99/month offer
Amazon has just launched Prime Video, its Video On Demand (VOD) pay TV service in over 200 countries around the world (Zimbabwe included) effectively becoming the biggest competitor to internet TV poster child Netflix in providing internet TV to a global audience.