By Tawanda Karombo Zimbabwe’s heavy-handed regulation of mobile money platforms has impacted growth of these platforms and also contributed to the Zimdollar’s continued loss in value, according to the country’s biggest mobile wallet...
Strive Masiyiwa, who runs firms including Africa’s largest fiber-optic cable network, plans to raise as much as US$500 million to expand his digital infrastructure and services businesses.  The tycoon’s Cassava Technologies will tap investors...
Econet Wireless, Zimbabwe’s biggest tech company, recorded strong growth in data volumes and voice usage last year, but the company’s latest numbers show how much the economy’s currency crisis is holding back growth and service.
Econet Wireless, the country’s biggest telecoms company, is spending just 3% of its revenues on capital investments due to forex shortages, but is pushing ahead with plans to rollout 5G. Data traffic increased by...
By Gugu Lourie Like many people affected by Eskom’s load-shedding, I found myself thinking about technology and how authentic leadership can accelerate development and fight poverty in Africa and the rest of the world.
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...
Government’s restrictions on electronic money have helped stabilise the currency, but they have also eroded revenue contributions from the 2% tax, an unpopular but reliable revenue source over the past two years. According to the third quarter revenue data just...
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....
Zimbabweans used more data and made fewer calls during the second quarter of the year, a period that covered the COVID-19 lockdown, according to the latest quarterly report by the industry regulator. Mobile internet and data traffic was up 56.2%...
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