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Zimbabwe Market News
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[2008-07-23]  Econet’s 3G gets approval
ECONET Wireless says that 2½ G or GPRS will begin within the next four to eight weeks after regulatory approval was granted.

Econet’s chief business development officer Mr Elvis Gwanzura said the GPRS has been installed for more than a year but had all along been awaiting regulatory approval for the allocation of frequencies.

He said that 3G, which was another service layer could be introduced in the first quarter of next year.

3G technologies enable network operators to offer users a wider range of more advanced services while achieving greater network capacity through improved spectral efficiency. Services include wide-area wireless voice telephony, video calls and broadband wireless data, all in a mobile environment.

Mr Gwanzura said that on the whole Zimbabwe is behind the rest of the region when it comes to the percentage of the population with cellphones.

Zimbabwe’s penetration rate was only 10 percent while the average mobile phone penetration rate was expected to reach 30 percent by 2010. He said in South Africa there were 30 million mobile phone subscribers.

He said the convergence of technology in the telecommunications, computer and media industries had resulted in personal mobile multi-media services.

On how long it would take for Zimbabwe to catch up with at least regional standards, he said it depended on the money available. If the money were available then it would probably take 12 to 24 months.

Zimbabwe also has the lowest tariffs in the region with calls per minute costing less than US$0,03 cents compared to the regional average of US$0,25.


Source: HERALD



[2008-11-10]   Zeco Holdings Seeks Share Buy-Back
[2008-11-06]   ZSE Shares Unstoppable
[2008-10-23]   Court Nullifies KMAL EGM
[2008-10-17]   ZSE shares surge
[2008-10-13]   ZSE defies global financial crisis
[2008-10-13]   Pioneer Turnover Shrinks
[2008-10-13]   Dissolution of the Board of Directors
[2008-10-10]   ZSE shares trade mixed
[2008-10-09]   Inflation soars to 231 million percent
[2008-10-07]   ZSE Shares Rise Faster, Alarm Appears
[2008-10-06]   ZSE shares rise faster, alarm appears
[2008-10-03]   Mujaji Lands Top Post At Tedco
[2008-10-03]   Zimre engages Govt over Zupco stake
[2008-10-02]   Lifting of Suspension
[2008-09-25]   Two insurance firms set to merge
[2008-09-22]   Natfoods Believes Profit Margin Could Be Increased
[2008-09-19]   Zimnat Lion coffers get boost
[2008-09-19]   Zimnat Lion coffers get boost
[2008-09-19]   African Sun plans US$100m project
[2008-09-18]   Stock market remains investors’ best option
[2008-09-17]   Colcom Benefits From Outgrowers Scheme
[2008-09-16]   Sentiment Bullish On ZSE
[2008-09-12]   AICO Africa targets US$500m per annum
[2008-09-12]   Innscor posts $49,8m turnover
[2008-09-09]   African Sun Limited Set to Open New Hotel
[2008-09-05]   ABC awaits RBZ inspection
[2008-09-04]   CFX seeks to speed up cash transactions
[2008-09-02]   AICO begins trading on Stock Exchange
[2008-09-02]   Appointment of a Director
[2008-08-29]   RioZim records 34 percent decline in profits
[2008-08-28]   ZSE Shares Riot
[2008-08-26]   Econet loses bid to operate in Malawi
[2008-08-25]   Afre posts $1,47 billion profit
[2008-08-19]   Shareholders approve Cottco restructuring
[2008-08-14]   Econet releases more lines
[2008-08-12]   Uncertainty takes toll on stock market
[2008-08-11]   Uncertainty Takes Toll on Stock Market
[2008-08-08]   Barclays’ profits fall by a third
[2008-08-08]   Econet to hold 9th Annual General Meeting
[2008-08-06]   Stock market loses momentum
[2008-08-04]   ZSE cuts settlement cycle
[2008-07-30]   Sugar Supplies Set to Improve
[2008-07-28]   Equities market volatile on investor uncertainty
[2008-07-25]   Cottco seeks approval to change name
[2008-07-24]   PG Boss Elected ICAZ President
[2008-07-23]   Red Star's Zambian Branch Doing Well, Says Top Official
[2008-07-23]   Econet’s 3G gets approval
[2008-07-22]   Econet closes in on a million subscribers, having increased connected lines to 870 000
[2008-07-21]   ZSE shares resurge on negative inflation
[2008-07-18]   Stock market rises across board on weak inflation
[2008-07-18]   Barclays Introduces Cheque Fraud Detection Product
[2008-07-18]   Econet installs back-up power, resumes expansion
[2008-07-14]   Econet plans to increase market share
[2008-07-14]   Trust moves closer to re-listing
[2008-07-11]   Group seeks ZSE re-listing
[2008-07-11]   Barclays resists UK pressure
[2008-07-11]   Zeco, SA Firm Merger Talks Progress
[2008-07-10]   ECONET Wireless hikes tariffs
[2008-07-10]   10 years old, Econet prepares for brighter future
[2008-07-08]   Stocks recover 28pc from a two-day sell off
[2008-07-07]   Stocks recover 28pc from a two-day sell off
[2008-07-07]   CFX to Embark on Share Consolidation Exercise
[2008-07-04]   Zimbabwe Stock Exchange shares fall on profit-taking
[2008-07-03]   Foreign investors pour US$150m into Zim
[2008-06-27]   Stock Market Rallies
[2008-06-23]   Take Measures to Normalise Exchange Rates
[2008-06-20]   Stock market falls
[2008-06-11]   ZSE shares fall
[2008-06-06]   Profit Taking Takes Toll on Stock Market
[2008-06-05]   Stock market on rampage
[2008-05-30]   Informal forex traders shun banks
[2008-05-28]   Dividend announcement for Econet
[2008-05-25]   Minimum Investment Now 100 Billion
[2008-05-22]    ZSE Shares Hit All-Time Highs
[2008-05-20]   Forex liberalisation opens avenues
[2008-05-06]   Banking institutions still to deal in forex
[2008-04-28]   Good times continue to roll on equities market
[2008-04-23]   Depositors resort to multiple bank accounts
[2008-04-22]   Stock market nudges closer to 40 billion points
[2008-04-16]   Equities Rally Past 20-Billion Point Mark
[2008-04-16]   KMAL Leads Zimbabwe Stock Exchange Top Ten
[2008-04-15]   Econet places $150 million gear order with Ericsson for GSM rollout in Kenya
[2008-04-09]   ZSE Shares Rise for Third Consecutive Day
[2008-04-07]   ZSE shares end volatile trading
[2008-03-25]   Stock Prices Weaken Sharply
[2008-03-19]   Colcom Embarks On New Outgrower
[2008-03-14]   ZSE, accountants institute hold talks
[2008-03-12]   ZSE shares rally to record levels
[2008-03-11]   CFI Holdings to consolidate shares
[2008-03-10]   ZSE shares tumble, halting gains
[2008-03-07]   Short-Term Deposit Rates Crash
[2008-03-05]   Blue chips hit record levels
[2008-03-03]   Zimbabwe Stock Exchange shares break record levels
[2008-02-26]   ZSE Rallies Towards 5 Billion Point
[2008-02-22]   LonZim buys 79pc stake in tourism firm
[2008-02-20]   Stocks End Trading With Marginal Gain
[2008-02-19]   JSE cashes in on banks and financials
[2008-02-19]   Investors still eye Zimbabwe
[2008-02-12]   Stock market opens week lower
[2008-02-11]   Investors return as ZSE liquidity flows improve
[2008-02-07]   ZSE Shares Crumble
[2008-02-06]   ZSE begins single call-over sessiom
[2008-02-05]   Zimplats revenue up 57pc
[2008-01-31]   ZSE shares on the rise
[2008-01-30]   Stock market starts week stuck in red
[2008-01-28]   ZSE shares close turbulent week in doldrums
[2008-01-25]   ZSE party about to come to an end
[2008-01-24]   ZSE shares take hammering
[2008-01-21]   Stock exchange recoups losses
[2008-01-18]   Stockbrokers Raise Investments to Minimum of $5bn
[2008-01-18]   Econet not looking at mining sector
[2008-01-16]   Equities Decline for Fourth Consecutive Time
[2008-01-15]   Renaissance Capital eyes 15pc stake in CBZ
[2008-01-14]   Stock market closes lower in mixed trading
[2008-01-09]   Zimbabwe Stock Exchange rally continues into second week
[2008-01-08]   Merged Kingdom Meikles Africa to list on ZSE
[2008-01-07]   Bourse closes prematurely
[2008-01-04]   Industrials Soar Above 2-Billion-Point Mark
[2008-01-04]   Industrials soar above 2-billion-point mark
[2008-01-03]   Zeco IPO opens with over 800m shares
[2008-01-02]   Zeco Holdings’ listing on course
[2007-12-24]   LonZim shares continue to rise
[2007-12-21]   New notes out today
[2007-12-21]   Merger Plan Scuppers Meikles Dividend
[2007-12-20]   RBZ Bonds Raise $14,5 Trillion
[2007-12-17]   Growth in resource-based stock markets slows sharply
[2007-12-14]   Parallel market rates tumble
[2007-12-12]   Meikles merger bid gets nod
[2007-12-11]   LonZim to list in London today
[2007-12-10]   ZSE Shares Rally Past 1-Million Point Mark
[2007-12-06]   Cottco posts impressive $6.5 trillion profit
[2007-12-05]   ZSE Shares Trade Firm
[2007-12-03]   Bourse soars after Budget
[2007-11-30]   Art Holdings posts $1,3 trillion turnover
[2007-11-28]   Stock Exchange Shares Open Marginally Up
[2007-11-26]   ZSE shares take sigh of relief
[2007-11-23]   Equities Soften On Profit Taking
[2007-11-22]   SAGIT Seeks Readmission on ZSE
[2007-11-21]   Sagit seeks readmission on ZSE
[2007-11-20]   ZSE Shares Gyrate As Investors Take Profits
[2007-11-18]   Kingdom, Old Mutual Head for Clash
[2007-11-18]   Price Blitz - OK Suffers Massive Trading Losses
[2007-11-14]   Econet and Renaissance finally take full control of First Mutual Limited
[2007-11-12]   Kingdom Meikles to list on LSE
[2007-11-09]   Zimplats hit hard by worsening economy
[2007-11-08]   Equities Ends Midweek Trade Higher
[2007-11-08]   Kingdom Meikles Africa to List on ZSE Next Month
[2007-11-07]   David Whitehead Textiles shapes up for ZSE comeback
[2007-11-06]   ZSE shares pass 400 million mark
[2007-11-05]   Zimplats posts revenue decrease
[2007-11-02]   Stocks Breach 300 Million Mark
[2007-11-02]   Equities Open November Trading on Roll
[2007-11-01]   Industrial Index Set to Hit New Record Levels
[2007-10-31]   Red Star Holdings posts $72,7bn pre-tax profit
[2007-10-30]   Equities maintain upbeat trend
[2007-10-29]   Market ends week bullish
[2007-10-26]   Equities Rally Enters Fourth
[2007-10-25]   Astra Posts $193,7bn Pre-Tax Profit
[2007-10-23]   Industrial Index Opens Week Stronger
[2007-10-22]   ZSE shares rally sharply
[2007-10-19]   Low interests rates spur equities market
[2007-10-18]   ZSE Industrial Index on a Roll
[2007-10-18]   Global platinum prices soar to record highs
[2007-10-17]   ZSE Industrial Index on a Roll
[2007-10-16]   ZSE Shares in Volatile Close
[2007-10-15]   Stocks Take ZSE Higher
[2007-10-05]   Equities Capture Hot Funds
[2007-10-03]   RBZ Ups Bank Rate to 800pc
[2007-10-02]   ZSE Shares Close At Fresh Record Levels
[2007-09-27]   Caps Posts $43,3bn Profit
[2007-09-21]   Property Market Continues to Grow
[2007-09-20]   First Mutual Shareholders Cry Foul
[2007-09-20]   FBC Pays $30.5bn Dividend to NSSA
[2007-09-18]   Short-Term Deposit Rates Marginally Firm
[2007-09-17]   Volatile ZSE Shares Rebound
[2007-09-10]   ZSE Shares Break Record Levels
[2007-09-05]   ZSE Shares Rally Sharply As Minings Hit Record Levels
[2007-09-03]   Industrials Hit Fresh 7-Week Highs
[2007-08-30]   ZSE operates like an island
[2007-08-29]   Zimnat wants to increase share capital
[2007-08-28]   Stock Market Set to Stabilise
[2007-08-27]   ZSE shares slide further down
[2007-08-24]   Stock Prices Recover Marginally
[2007-08-22]   Pearl Properties to list on ZSE today
[2007-08-21]   Equities outlook remains bearish
[2007-08-17]   ABC Holdings’ expansion drive records steady progress
[2007-08-09]   Nervous Trading Continues On ZSE
[2007-08-08]   ABC's U.S$20m Deal At Advanced Stage
[2007-08-06]   Bourse Short-Term Outlook Remains Bearish
[2007-08-03]   Gold Dollars Sustain Easier Money Market Conditions
[2007-08-02]   Zisco pays $2bn dividend
[2007-08-01]   Three Bluechip Firms in Merger Talks
[2007-07-30]   Investors View Bourse as Safe Haven
[2007-07-24]   ZSE's Key Industrial Index Recovers
[2007-07-23]   Storm Over Gold Mine On Frankfurt Bourse
[2007-07-20]   Storm Over Gold Mine On Frankfurt Bourse
[2007-07-19]   Speculators Fuel Bull Run On ZSE
[2007-07-18]   Price controls wound stock market
[2007-07-17]   Investors flock to subscribe for ZPI’s IPO
[2007-07-16]   Restive Mood Grips Investors
[2007-07-12]   'Strive for 51 Percent Indigenous Shareholding'
[2007-07-11]   FML Resumes Trading On ZSE
[2007-07-10]   FML Takes Bourse to Court
[2007-07-09]   Stock Prices Fall As Investors Pull Out
[2007-07-06]   Zim seeks US$2bln Libya loan
[2007-06-25]   Bulls On the Rampage
[2007-06-22]   Shareholders Await Rbz Nod to Follow Botswana Rights
[2007-06-19]   BNC records drop in nickel sales
[2007-06-18]   Zimre pushes ZPI IPO forward
[2007-06-18]   Econet Angles for Major FML Stake
[2007-06-15]   Intermarket Acquisition Approved
[2007-06-14]   Bank launches unique promotion
[2007-06-13]   Kingdom Slashes Stake in Malawi's First Discount House
[2007-06-12]   ZSE Blocks FML, Renaissance Deal
[2007-06-11]   ZSE Market Capitalisation Up
[2007-06-08]   Caps, Zimre Embark On Share Buybacks
[2007-06-04]   ZSE Indices Rise
[2007-06-01]   Stocks Charge Ahead
[2007-05-25]   Inflation Triggers Scramble for Assets
[2007-05-15]   Govt taps into inflationary facility
[2007-05-11]   Econet's share plan 'helps investors, company'
[2007-05-10]   Banks adjust lending rates
[2007-05-09]   Cash-sloshed market to further fuel inflation
[2007-05-07]   Cruising for a bruising
[2007-05-04]   Govt understating inflation figure -- IMF
[2007-05-01]   Why Ailing CSC Won't List On ZSE
[2007-04-30]   Zimplats Starts Listing Plans
[2007-04-27]   Stocks Shrug Off Monetary Policy
[2007-04-16]   Reserve Bank of Zimbabwe Fails to Pay Gold Producers
[2007-04-11]   Dairibord in Bid to Buy Back Company Shares
[2007-04-06]   ZSE Bullish Despite Losses
[2007-04-03]   Stock Market Expected to Rebound Shortly
[2007-03-30]   Agribank Loan Book Up 10pc
[2007-03-30]   Barclays Bank Notches Up $17,2bn After-Tax Profit
[2007-03-28]   Equities Fall As Money Market Interest Rates Rise
[2007-03-21]   ZSE Capitalisation Rises to Over Zim$405Trillion
[2007-03-19]   ZSE to Reduce Settlement Cycle
[0008-04-21]   Zimbabwe Stock Exchange Gains
[0000-00-00]   CBZ Managers Cleared