THE Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) says Zimbabwe’s active mobile telephone subscriptions were down by 100 000 during the second quarter of 2023 to 13,95 million. The mobile penetration rate was down by 0,7 percent to 91,9 percent during the same period. Potraz said Econet was the only mobile network operator (MNO)…
THE government says the recently commissioned 300 000 tonne Sabi Star Mine flotation plant is a significant step towards the fulfillment of the Mapinga mines-to-energy park grand plan. A memorandum of understanding was signed between the government of Zimbabwe and Chinese investors, the Eagle Canyon group, last September signalling the intent to set up the…
CBZ Holdings says it is looking into potential acquisitions with other financial institutions after tying up its merger with First Mutual Holdings (FML). CBZ acquired 31 percent of FML, giving it a foothold in one of the country’s largest insurance and property companies. “I put emphasis on the issue making sure that we strengthen our…
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