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

TelOne writes off $80 million debt

HARARE, October 18 (The Source) – Zimbabwe’s sole fixed line operator, TelOne on Friday said it has written off $80 million in debt owed by residents in compliance with a government order. The moves follows similar actions by power utility Zesa Holdings and the City… Read More