ICT grows 70 pct on higher investments – official

HARARE, May 8 (The Source) – The information and communication technology (ICT) sector has potential to drive Zimbabwe’s economic recovery after growing by 70 percent since 2009 on increased bandwidth investments by telecoms companies, an industry official said on Thursday. Computer Society of Zimbabwe’s Wellington… Read More

TelOne Q1 revenue up 8pct year-on-year

HARARE, April 3 (The Source) – Zimbabwe’s sole fixed line operator TelOne’s revenue for the first quarter ending March was up eight percent compared to the same period last year despite a slowdown in business triggered by the liquidity crunch, the managing director said on… Read More

Zimbabwe mobile penetration hits 104 percent

HARARE, January 9 (The Source) – Zimbabwe’s mobile phone penetration has gone over 100 percent, with 13.5 million active subscribers being registered by the close of 2013, Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) data showed on Thursday. Zimbabwe’s total population is 13.06 million,… Read More

Econet launches mobile payroll system

HARARE, December 11 (The Source) – Mobile service provider, Econet Wireless on Thursday launched a mobile payroll platform that will enable companies to pay salaries through its EcoCash platform. EcoCash chief executive, Cuthbert Tembedza said the service does not attract any charges. It is the latest… Read More