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.
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.
The decision to place Econet Media’s satellite television business into administration will not affect the planned launch of Kwese Free TV in South Africa, a top company executive has said.
Econet Media has placed its satellite broadcasting business into administration, Business Day reported.