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By Batsirai Chikadaya Econet recently announced its unaudited abridged financial results for the half year ended 31 August 2016. The main highlight of the report was the announcement of its decline in profits by 37.14% attributed to a “tough operating environment” in Zimbabwe. However, despite the fall in profits Econet’s…
By Batsirai Chikadaya The IDC‘s report on worldwide smartphone shipments in the third quater of 2016 placed Samsung as the top shipped device worldwide with a total of 72.5 million units shipped against second placed rivals Apple who managed to ship 45.5million units (almost half Samsung) by the end of…
By Batsirai Chikadaya In IDC’s (International Data Corporation) latest report, Apple recorded the highest amount of tablet device shipments continuing and increasing its worldwide market dominance despite recording a decline (-6,2%) in year-on-year growth from 2015. Apple recorded 9,3 million units shipped in comparison to 9,9 million units the previous…
By Nigel Gambanga Ralph Mupita The MTN Group, Africa’s largest telecommunications group has appointed Ralph Mupita as its new Chief Financial Officer and executive director for the group effective from the 3rd of April 2017. Mupita joins the telecoms group from Old Mutual where he was the CEO of Old…
By Guest Author The 5-day disruptive event will be Zimbabwe’s first ever multi-day multi-venue Technology Festival (TechFest) and will run under the theme “Collaborative Brilliance: Together Towards Tomorrow”. Articles appeared first on Techzim;Bulawayo innovation centre TechVillage to host TechFest, a regional innovation meetup …read more Read more here:: Techzim Feed…
By Nigel Gambanga It’s not all decline and recession for local mobile operator, Econet Wireless Zimbabwe. For the financial year ended 31 August 2016, Steward Bank, Econet’s financial services institution record US$4.3 million in profit before tax, which was a 64% increase from the same period last year. This maintains…
By Batsirai Chikadaya Remittance service company Mukuru (Mukuru.com) has partnered with Zimpost in a deal that allows its customers to collect cash at any of the 19 Zimpost branches countrywide bringing much-needed convenience to the companies remittance service distribution. Currently, the participating Zimpost branches include Lupane, Bulawayo, Plumtree, Beitbridge, Tsholotsho,…
By Nigel Gambanga Zimbabwe’s currency woes affected Econet’s operations, but they also pose challenges to the telecoms industry Articles appeared first on Techzim;Zimbabwe’s currency woes affect Econet’s operations, but also pose challenges to telecoms industry …read more Read more here:: Techzim Feed…
By Guest Author Image Credit: Upsplash – Rodion Kusaev The Article below is a sponsored article with content supplied by Clamore Power. Please see our policy on sponsored stories. You have decided you need energy, and it has to be clean and green. Whether it is to save money, backup…
By L.S.M Kabweza Econet Wireless Zimbabwe has announced in its financial results that profits dropped 37.14% in the half year to 31 August 2016. The profit after taxation stood at $14.9 million compared to $23.8 million in the same period last year. In his statement to shareholders, board chairman James…