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.
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 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...
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...
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...
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...
TELONE generated more revenue from data than its traditional voice service for the first time ever in the first quarter of 2018, following the company's tilt towards becoming a fully fledged technology entity. The latest report from the Post and...
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...
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...
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