Econet Wireless, Zimbabwe’s largest mobile phone operator, plans to expand its use of batteries from Tesla for its operations beyond providing backup power at base stations.
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Norman Moyo, CEO of Econet Group-owned Distributed Power Africa, believes Africa can solve its power supply woes by unleashing the private sector in the same way as has happened in telecommunications.
Strive Masiyiwa, the Zimbabwean telecommunications tycoon, has launched an appeal for help for Sudan and Zimbabwe to fight the coronavirus outbreak.
Econet Global, owned by Zimbabwean billionaire Strive Masiyiwa, is keen to acquire a telecommunications licence in Ethiopia, which is opening up the industry to foreign investment for the first time.
Liquid Telecom, Africa’s biggest fibre company, has turned to solar power in South Africa, where recurrent power outages shut businesses temporarily earlier this year.
A Zimbabwean government directive banning the purchase and sale of cash through mobile money services may halt much of the nation’s commerce.
Cell C has stopped broadcasting the linear channels on its Black video-streaming service as the struggling mobile operator continues a major review of costs in its business.
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.
Econet Wireless of Zimbabwe has put its media unit up for sale after saying earlier this month it would be closed because of a shortage of foreign currency in the country.
Exclusive | Econet Media racked up more than R1.8-billion in external liabilities and was unable to pay suppliers before it was placed into administration earlier this week, a document seen by TechCentral shows.