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techzim

NetOne & TelOne directed to implement their network expansion projects jointly

By Nigel Gambanga NetOne and TelOne, two State-owned, Zimbabwean telecoms operators have been directed by the government to jointly implements their individual network expansion projects. The Sunday Mail reports that this was shared by TelOne corporate communications manager Melody Harry who also highlighted the merits of the shared infrastructure approach…

Zimbabwe’s mobile operators saddled with huge tax burden – Government takes 27.5 cents off every $1, another 5 cents to be added

By Nigel Gambanga Zimbabwe’s mobile network operators (MNO) have been facing a lot of criticism for the high cost of mobile data with the peak of this public outrage expressed in January when Econet Wireless, the country’s largest operator adopted a floor price strategy which raised the cost of data…

Econet defies ZSE directive, says bourse’s board has no jurisdiction & raises concern over chairman’s conflict

By Nigel Gambanga Econet Wireless Zimbabwe’s extraordinary general meeting (EGM) aimed at considering a proposed US$130 million capital raise through a rights offer will go ahead on Friday the 3rd of February 2017 despite a directive from the Zimbabwe Stock Exchange (ZSE) to postpone it until the operator clarifies certain…