TELECOMS & TECHNOLOGY

Govt to cede TelOne, NetOne majority shares by year-end

GOVERNMENT is moving to complete the sale of its majority shareholding in fixed telecommunications company TelOne and mobile operator NetOne by year-end, businessdigest has learnt.There has been an in...

By Staff reporter | Published: 12 July 2019

TELECOMS & TECHNOLOGY

Nkosinathi Ncube quits NetOne

NetOne Managing Director for Mobile Financial Services (MFS) Nkosinathi Ncube tendered his resignation on Tuesday this week.Few details on his departure from the company have however emerged. NetOne C...

By Staff reporter | Published: 05 July 2019

TELECOMS & TECHNOLOGY

NetOne partners youth organisation in training 75 software developers

MOBILE communications company NetOne has partnered a youth leadership organisation, Elevate Trust, in training 75 local software developers in a programme that was launched by Google to train thousand...

By Staff reporter | Published: 03 July 2019

TELECOMS & TECHNOLOGY

NetOne taken to court over $430 836 paid to ex-employee

THE Communications and Allied Industries Pension Fund (CAIPF), has issued summons at the High Court seeking an order to compel State-owned NetOne Cellular (PVT) Ltd to reimburse $430 836 paid the mobi...

By Staff reporter | Published: 13 June 2019

BUSINESS NEWS

Ex-NetOne boss off the hook

Former NetOne chief executive Reward Kangai, who is facing 21 counts of criminal abuse of office, was yesterday removed from remand after the State failed to furnish him with a trial date. Kangai's de...

By Staff reporter | Published: 22 November 2018

TELECOMS & TECHNOLOGY

NetOne swings to profitability

State-owned mobile network operator NetOne swung to profitability in the eight months to August 31, 2018, as profit rose 105 percent to $1,3 million from a loss of $26 million in the prior comparable ...

By Staff reporter | Published: 21 September 2018

TELECOMS & TECHNOLOGY

OneMoney spurs NetOne active subscriber base

MOBILE telecommunications firm, NetOne, says its mobile financial service - OneMoney - increased its active subscribers by more than 49% in the first quarter of the year, due to the increase in the us...

By Staff reporter | Published: 24 July 2018

TELECOMS & TECHNOLOGY

Potraz probes NetOne data

POSTAL and Regulatory Authority of Zimbabwe (Potraz) is investigating why state-owned mobile network operator - NetOne - submitted data that does not tally following a compulsory clean up exercise of ...

By Staff reporter | Published: 13 July 2018

TELECOMS & TECHNOLOGY

NetOne sues business partner over $11m SMS charges

NetOne is seeking $11 million from AfroSoft Corporation for offering SMSes through its platform without consent of the State-owned mobile phone company.The parastatal issued summons against AfroSoft o...

By Staff reporter | Published: 04 July 2018

Fire razes down NetOne shop

PROPERTY worth thousands of dollars went up in flames on Monday after a fire razed down a NetOne shop in Marondera.Residents watched helplessly as the fire engulfed the building, with the police block...

By Staff reporter | Published: 04 July 2018

TELECOMS & TECHNOLOGY

NetOne to fund 500 SMEs

STATE-owned mobile telecommunications firm, NetOne, has come up with a programme to capacitate 500 Small to Medium Enterprises (SMEs) across the country and help them create jobs in the next few month...

By Staff reporter | Published: 12 June 2018

TELECOMS & TECHNOLOGY

NetOne set to secure $71m loan from Exim Bank

MOBILE telecommunications giant NetOne is set to secure a $71 million loan facility from China Exim Bank for the upgrading of its infrastructure within the next three months, an official said.NetOne c...

By Staff reporter | Published: 10 June 2018

TELECOMS & TECHNOLOGY

Chinese bank loan to NetOne to upgrade rural 4G

Zimbabwe's state-owned mobile operator NetOne is to expand its network in rural areas with the help of a $71 million loan from China.The company, which is a subsidiary of fixed-line incumbent TelOne, ...

By Staff reporter | Published: 29 May 2018

TELECOMS & TECHNOLOGY

NetOne set to get $71m loan

State-owned mobile operator NetOne is close to securing the release of the $71 million loan facility from China Exim Bank to construct and upgrade base stations countrywide.Speaking at the sidelines o...

By Staff reporter | Published: 22 May 2018

TELECOMS & TECHNOLOGY

SA firm sweats to recover NetOne debt

South Africa telecommunications consultant company, Megawatt Energy (Private) Limited, has sought government intervention to recover the $4 million it is owed by NetOne and Huawei Technologies.Through...

By Staff reporter | Published: 11 May 2018

TELECOMS & TECHNOLOGY

NetOne launches airtime bonus promotion

Telecommunications giant, NetOne has launched a 100 percent airtime bonus promotion for its prepaid and OneFusion subscribers who purchase airtime using its mobile financial service - OneMoney.The sub...

By Staff reporter | Published: 02 May 2018

TELECOMS & TECHNOLOGY

NetOne extends operating hours

NetOne has extended operating times, with the country's second-biggest mobile phone operator's shops staying open for longer on Saturday, and opening for business on Sundays. On Saturday, the telecoms...

By Staff reporter | Published: 24 April 2018

TELECOMS & TECHNOLOGY

NetOne unveils wi-fi devices

NETONE has donated One-Fi devices to rural district councils to enhance payment to traditional leaders through its Mobile Financial Service platform, OneMoney.Many Rural District Councils are paying v...

By Staff reporter | Published: 30 March 2018

TELECOMS & TECHNOLOGY

EcoCash linked to NetOne, Telecel numbers

ECOCASH's data application is now compatible with NetOne and Telecel numbers, a spokesman for the mobile money service told The Financial Gazette last week.He said holders of lines from other networks...

By Staff reporter | Published: 29 March 2018

TELECOMS & TECHNOLOGY

NetOne grows mobile data market share

Zimbabwe's second largest mobile operator by subscribers NetOne grew its data market share by 6,5 percent in the last quarter of 2017, the latest Postal and Telecommunications Regulatory Authority (Po...

By Staff reporter | Published: 20 March 2018

BUSINESS NEWS

NetOne compensates OneFusion customers

MOBILE Telecommunications giant NetOne on Monday compensated subscribers on its OneFusion package, who were affected by challenges relating to bundles offered on the popular offering in recent months....

By Staff reporter | Published: 08 March 2018

TELECOMS & TECHNOLOGY

Nkosinathi Ncube appointed NetOne MD

NETONE has appointed Mr Nkosinathi Ncube as its Managing Director MFS, becoming the defacto preferred head of mobile financial services in Zimbabwe, after landing his third title at NetOne, which is ...

By Staff reporter | Published: 07 March 2018

TELECOMS & TECHNOLOGY

Ex-Vodacom exec appointed NetOne CEO

State-run mobile network operator, NetOne, has appointed former Vodacom executive Lazarus Muchenje as its new chief executive with effect from April 1, 2018.He takes over from Brain Mutandiro, who ha...

By Staff reporter | Published: 07 March 2018

TELECOMS & TECHNOLOGY

NetOne appoints new bosses

STATE-OWNED telecommunications company, NetOne, has recruited two top executives to run the company's operations in a move expected to stabilise the firm and increase its earnings.In a statement yeste...

By Staff reporter | Published: 06 March 2018

TELECOMS & TECHNOLOGY

NetOne gives up $11 million

STATE-owned mobile network operator, NetOne, says it has given up hope of recovering $11,3 million from its former service provider Firstel Cellular, which was liquidated nearly two years ago.First Ce...

By The Source | Published: 01 March 2018
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