Depreciating Zimdollar erodes tariff increase benefits: Econet

Last month, the Postal and Telecommunications Regulatory Authority of Zimbabwe increased voice tariffs to US$0,40 per minute and data to US$0,63 per megabyte.
By Tafadzwa Mhlanga Nov. 24, 2023

Tech shares fall as China mulls child smartphone limits

The proposed law would see children being only allowed to use their phones for a maximum of two hours a day.
By Bbc News Aug. 5, 2023

Econet, EcoCash announce rights offer

Both firms proposed to convene an extraordinary general meeting to be held on August 7, 2023 to seek shareholders’ approval of the rights offer.
By Mthandazo Nyoni Jul. 25, 2023

EcoCash posts $4,76bn loss

EHZL, a mobile money services provider, together with sister company Econet Wireless Zimbabwe , in April announced their failure to raise enough forex to redeem their remaining debentures.
By Tatira Zwinoira Jun. 2, 2023

EcoCash hit by monetary exchange losses

With these funds, EHZL will use this to facilitate the redemption of its remaining debentures that matured that in April.
By Tatira Zwinoira Jun. 2, 2023

Low tariffs chew into Econet earnings

While the local currency took a battering, EWZ was unable to raise tariffs, its main source of revenue, in line with the depreciation leading to massive exchange losses for the firm.
By Tatira Zwinoira Jun. 1, 2023

RBZ, Potraz bar bulk airtime purchases

Due to the disparities between the official and parallel forex rates, the gains made by this arbitrage were over 50%.
By Tatira Zwinoira Oct. 14, 2022