TelOne, Zimbabwe’s state-owned telco, has selected Tejas Networks of India to build a 100Gbps fibre network to expand bandwidth.   Tejas' 100G DWDM/OTN solution was selected after a competitive bidding process and a field...
Liquid Telecom, a unit of Strive Masiyiwa’s Econet Global, has raised US$840 million in a bond sale to refinance debt and fund its African expansion. Liquid engaged JPMorgan Chase & Co, Standard Chartered and...
Netflix has appointed Econet founder Strive Masiyiwa to its board, at a time the world’s biggest streaming service is expanding its investment in African content. Masiyiwa is the first African — and only the third international media executive — to join Netflix’s...
Econet Wireless founder Strive Masiyiwa has been named among Bloomberg’s 50 most influential people of the year for his support to Zimbabwe’s healthcare. The Bloomberg 50 lists the year’s most influential leaders globally, individuals with "the ability to move markets...
Strive Masiyiwa’s Liquid Telecom, Africa’s largest fibre network provider, has raised US$307 million from shareholders to expand its data centre business. The new money includes an additional US$40 million equity investment from the CDC Group, the UK’s development finance institution....
The coronavirus pandemic is hampering efforts by Zimbabwean billionaire Strive Masiyiwa to sell a stake in Africa’s largest fibre company. Masiyiwa is seeking buyers for 20% to 34% of Liquid Telecommunications Holdings for as much as US$600-million, according to four...
Zimbabweans will now pay more to make calls and use the internet after the telecoms regulator authorised operators to peg their tariffs at the official exchange rate and in US dollars. In a notice to operators on Wednesday, the Postal...
Multichoice lost 92 000 subscribers in Zimbabwe over the past year, 41% of its total subscriber base in the country, as hard-up consumers ditched pay TV. In its first results since being spun off...
The Reserve Bank of Zimbabwe has announced a controversial ban on cash transactions on mobile money, a move it says was needed to deal with agents and stores using the cash crisis to charge high premiums on...
A US$470,000 debt and the country's interbank market are at the centre of a major row between banks and Cambria Africa, the provider of the Paynet transactions portal, whose suspension has disrupted millions of transactions.
- Advertisement -

Recent Posts