Econet Wireless Zimbabwe founder Strive Masiyiwa has retired from the company he started almost three decades ago to pursue new opportunities.
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Zimbabwe’s biggest mobile phone company has been barred by the country’s high court from sending text messages to subscribers listing daily coronavirus infections and deaths.
Econet Wireless is imposing restrictions that limit the size and range of transactions on its mobile money platform to comply with an order from the Reserve Bank of Zimbabwe.
Econet Wireless on Monday sought a court order to suspend a police warrant seeking information on its transactions because this would violate the privacy of the company and millions of its subscribers.
Zimbabwe’s police have accused Econet Wireless, the country’s dominant mobile phone company, of money laundering, demanded a list of its subscribers and issued a search warrant against it.
Strive Masiyiwa, the Zimbabwean telecommunications tycoon, has launched an appeal for help for Sudan and Zimbabwe to fight the coronavirus outbreak.
Zimbabwean state doctors have found an unlikely ally in their four-month pay strike – telecommunications tycoon Strive Masiyiwa.
A system upgrade by Zimbabwe’s biggest mobile money service has left cash-strapped consumers and businesses unable to transact, causing severe disruptions.
Zimbabwe’s central bank has clamped down on mobile money, banning the purchase and sale of cash through the services.
Zimbabweans are relying on Tesla to help them pay their bills. Amid power outages of as long as 18 hours a day, Econet Wireless is turning to the Palo Alto, California-based automaker for batteries that can keep its base stations running.