The Zimbabwe Republic Police (ZRP) has dismantled a sophisticated mobile-money fraud syndicate that allegedly stole thousands of dollars from victims across the country by posing as Econet Zimbabwe. Eleven men, most of them from Chitungwiza have been arrested in connection with the scam, which investigators say
Zimbabwe’s digital footprint expanded rapidly in the fourth quarter of 2024 as mobile internet usage and voice traffic surged signaling robust growth in the Information and Communication Technology (ICT) sector despite steep declines in traditional postal and courier services. According to the latest ICT and Postal
Econet and RBH have today announced a partnership to develop up to 175MW of solar energy assets in selected African countries. Royal Bafokeng Holdings will invest up to US$20 million through Distributed Power Africa, Econet’s solar energy subsidiary. RBH is a long-term African community investment holding
Telecommunications giant, Econet Wireless has filed an urgent High Court application seeking the suspension of a police warrant that sought information on its transactions. In its application, Econet Wireless argues that the move will be a breach of privacy between the company and millions of its
A well established partner who had pledged to assist government in building 500 houses for the Cyclone Idai victims in Chimanimani has pulled out of the deal owing to unnecessary delays, 263Chat has established. The country's largest mobile network operator, Econet Wireless Zimbabwe had promised to
The Zimbabwe Stock Exchange (ZSE) capitalization has touched unprecedented levels closing at ZWL$ 204.498 billion on Friday as investors jostled to dispose local currency balances as the Zimbabwean dollar continues on a downward trajectory. In the five day trading period last week, the bourse gained ZWL$
Minister of Information Communication Technology (ICT), Postal and Courier Services, Jenfan Muswere has hailed the role played by telecommunication companies in the fight against COVID-19 pandemic. Below is the Minister's statement
Opposition Movement for Democratic Change Alliance (MDC) has condemned data price hike by telecommunications network companies in the country saying it will increase the digital divide between the rich and the poor since children had turned to internet schooling during the coronavirus lockdown
The tariff increases on voice calls, SMS and data by the telecommunications regulator, Postal and Regulatory authority of Zimbabwe (Potraz) last week remains way below sustainable levels for mobile network operators (MNOs), industry experts have warned. Potraz increased the tariffs on data, SMS and voice calls
Leading internet services provider, Liquid Telecoms is battling to service long term loans acquired externally due to the depleting value of the local currency and an unfavorable tariff regime, 263Chat Business has gathered. The telecoms firm also said due to depleting cash flows from a weaker
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