Harare, (New Ziana) – Telecommunications giant, Econet Wireless said on Monday it suffered a drop in voice, data and SMS traffic volumes in the first quarter of 2020, which affected its financial performance for the period. Voice, data and SMS services generate an estimated 80 percent of the telco’s revenues. Econet said the situation had […]
Harare, (New Ziana) – Mobile telecommunications giant, Econet Zimbabwe slumped to a loss of nearly $1 billion for the half-year ended August 2019, hit hard by exchange losses following the de-coupling of the fixed 1-1 Zimbabwe dollar/greenback exchange rate earlier this year. In the period, the company suffered exchange losses of a staggering $1.9 billion, […]