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

BUSINESS NEWS

DIDG eyes NetOne

THE Diaspora Infrastructure Development Group (DIDG) is looking at the possibility of investing in State-owned telecommunications company, NetOne.DIDG executive chairman Mr Donovan Chimhandamba said t...

By Staff reporter | Published: 28 February 2018

TELECOMS & TECHNOLOGY

NetOne realigns OneFusion brand

MOBILE telecommunications giant NetOne has realigned its most prominent brand, One Fusion, once again to increase service provision and address complaints raised by customers in recent months.The real...

By Staff reporter | Published: 28 February 2018

TELECOMS & TECHNOLOGY

NetOne moves to evict ex-CEO from house

The government-owned mobile firm NetOne Cellular (Private) Limited (NetOne) has dragged its former chief executive officer Reward Kangai to the High Court seeking to evict him from one of its properti...

By Staff reporter | Published: 28 February 2018

INDUSTRIALS & ENERGY

'No need to merge NetOne, Telecel'

THERE is no need to merge NetOne and Telecel Zimbabwe as they have turned the corner, and are now performing well.Government holds 100 percent shareholding in NetOne and 60 percent in Telecel.The rema...

By Staff reporter | Published: 26 February 2018
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