Cassava Smartech, the fintech spinoff of Econet Wireless, has acquired Medical Air Rescue Service (Mars), six years after what was once one of the country’s biggest private emergency medical services was placed under judicial management. In...
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...
Weeks ahead of the Zimbabwe election, the battle for votes is being fought as much at the rallies as it is on mobile phones. Attack ads, campaign videos, WhatsApp blasts, Facebook Live and even fake news are combining to make...
LAST week, the Post and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) and the Ministry of ICT and Cyber Security announced an almost 60 percent reduction in out-of-bundle mobile data. This was welcomed as a progressive move that would promote Internet...
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...
TELECOMMUNICATIONS firm, TelOne, launched its video on demand service on Wednesday, as it pursues a diversification strategy away from its traditional voice offering. TelOne has partnered South Africa’s Discover Digital to package the Digital Entertainment on Demand (DEOD) service. As interest...
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....
AFTER his surprise appointment last month, Finance Minister Mthuli Ncube arrived at a Treasury which had just put out a grim first half report showing a $1.34 billion budget deficit, domestic debt approaching $10 billion, an unrelenting Treasury Bill...
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...
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.
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