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ZIMBABWE: TelOne draws down a third of Exim loan
Published in issue 00761 of 30 Mar 2017

State-owned fixed-line telco TelOne has drawn down USD 33 million from the China Exim Bank’s USD 98 million facility, NewsDay reported.  In 2016 TelOne started on a National Broad... More

ZIMBABWE: TelOne records loss in 2016
Published in issue 00760 of 23 Mar 2017

Fixed line operator TelOne has reported a 23.7 percent fall in revenue for the full year ending 2016 to USD 119.6 million, from USD 148.1 million recorded in 2015.  TelOne said that whi... More

ZIMBABWE: NetOne continues to grow its subscriber base in Q4
Published in issue 00759 of 16 Mar 2017

State-owned mobile operator NetOne saw its active subscriber base growing by 14 percent last year to 4.71 million whilst its competitors saw a fall in numbers, latest figures from the Postal and Te... More

ZIMBABWE: Liquid starts southern and eastern fibre roll-out
Published in issue 00759 of 16 Mar 2017

Liquid Telecom has started rolling out its fibre optic network in the southern and eastern parts of the country, The Herald reported. The project, which will cost about USD 14 million and cover som... More

ZIMBABWE: Econet submits case for not sharing infrastructure
Published in issue 00757 of 02 Mar 2017

Econet Wireless has kept up its fight with the Postal and Telecommunications Regulatory Authority (POTRAZ), restating its stand against the compulsory sharing of telecoms infrastructure despite rec... More

ZIMBABWE: TelOne steps up debt recovery
Published in issue 00756 of 23 Feb 2017

TelOne says that it has recovered some USD 123 million in debts during 2016 and expects to recover a further USD 165 million in 2017, The Source reported an official as saying last week. The s... More

ZIMBABWE: DStv subs drain dollar reserves
Published in issue 00756 of 23 Feb 2017

The second highest driver of foreign currency payments between July and December 2016 were DStv subscriptions and card payments totalling USD 206 million the 2017 Monetary Policy Statement presente... More

ZIMBABWE: USF to fund rural base stations
Published in issue 00755 of 16 Feb 2017

Some USD 250 million is to be drawn from the Universal Services Fund (USF) to provide 600 new telecoms towers in rural areas. The Daily News reported that the roll-out will be managed by the Posts ... More

ZIMBABWE: Ripples from Econet EGM catch ZSE CEO
Published in issue 00755 of 16 Feb 2017

The Zimbabwe Stock Exchange (ZSE) has placed its Chief Executive Officer Alban Chirume on indefinite leave to pave the way for investigations after Econet Wireless Zimbabwe disregarded a directive ... More

ZIMBABWE: Minister considers data ceiling
Published in issue 00755 of 16 Feb 2017

Floor and ceiling prices are expected to be set for mobile data as the government claims to be attempting to protect subscribers and industry players, TechZim has reported.  Minister of... More

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