Zimbabwe ahead of SA, says Econet
VALUE ADDED SERVICES| Sept. 30, 2012, 8:15 a.m.
The days when Zimbabweans looked to their southern neighbour South Africa to learn about new technologies are coming to a close, particularly in the area of cellphone technologies, mobile banking and solar power. This is according to Econet Wireless Zimbabwe CEO, Douglas Mboweni.
He says Econet Wireless Zimbabwe, through its sister company, Liquid Telecom, has built one of the most advanced fibre optic systems in Africa, which stretches from Durban in South Africa, all the way to DRC.
In Zimbabwe, the company, which also owns Zimbabwe Online, has built 'Fibre to the curb' in the country's major cities. This means you can have a fibre connected to your home or business within hours. South Africa's mobile broadband penetration is nowhere near that of Zimbabwe and it is not possible to get a fibre link to the home virtually on demand, he says.
Econet Wireless has already connected more than 2.5 million 3G users in a population of only 12 million, which means, over 22% of the population have mobile Internet access. Another 2.,5 million Zimbabweans access the Internet using other methods.
Econet Wireless has also invested heavily in Mobile Money Transfer services. Its key service, EcoCash, moves millions of dollars every day from urban to rural areas, and almost 2 million Zimbabweans do all their business using EcoCash transfers.
In contrast, he says, South African operators have struggled to get people to use Mobile Money transfer services. Even Vodacom, that is part of Vodafone, which set up M-PESA in Kenya, has not made the same headway in South Africa.
Mboweni says: "Zimbabweans have a high level of literacy and so they know what is happening elsewhere, and they want us, as their operator, to provide it. They are also very proud of us, as their own homegrown champion. Econet started here and has gone global. It reminds Zimbabweans that we are good enough to take on the world, and be excellent."
MORE VALUE ADDED SERVICES NEWS
Apollo Hospitals, Airtel seal telemedicine dealTwo Indian giants, Apollo Hospitals and Airtel Nigeria, have struck a deal designed to bring affordable health care to Nigerians and Airtel’s Premier customers. Read More
Millicom partners Deezer to bring Tigo Music to 5 African marketsTelecoms and media firm Millicom has announced an extension of its partnership with music streaming service Deezer to take its Tigo Music service to five markets in Africa. Read More
Airtel Money offers KRA mobile tax payment servicesBharti Airtel has partnered with the Kenya Revenue Authority (KRA) to offer Kenyan citizens an opportunity to pay their taxes through Airtel Money. Read More
Embracing mCommerceThere’s a word on the lips of everyone in the know these days, and that word is “mCommerce”, says Red & Yellow. Read More
Airtel Money launches new partnership with MOGASAirtel Uganda and MOGAS have officially unveiled their new partnership that allows customers to pay for any MOGAS products and services using Airtel Money at their 38 stations across Uganda. Read More
Econet launches Connected Car serviceEconet has launched yet another revolutionary product branded the Econet Connected Car. Read More
Tigo cash trains over 2,000 agentsAs part of efforts to scale up mobile financial services, particularly in the informal sector, mobile network operator, Tigo is training over 2,000 agents in its award-winning mobile money service, Tigo Cash. Read More
Airtel Money to launch cross border money transfer service across East AfricaBharti Airtel has announced plans to launch a cross border money transfer product in East Africa. This is a first in market initiative across Africa and will enable Airtel Money customers to send, receive and withdraw money from their Airtel Money wallets. Read More
MTN set to support money transfers between Rwanda and UgandaMTN Uganda is partnering with MTN Rwanda to deliver cross border transactions between the two countries. Read More
Former Kampala mayor demands UGX8bn from MTN UgandaMTN Uganda has found itself in protracted lawsuit involving copyrights on caller tunes in a case whose outcome could set a precedent for similar scenarios in future. Read More
FEATURED STORYGrowing African focus on data security
Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.
BEST READ NEWS
IN DEPTHAfrica lags on digital migration
Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.
COMPANY NEWSVMware reports third quarter 2014 results
VMware, the global leader in virtualization and cloud infrastructure, today announced Year-over-Year Revenue Growth of 18% to $1.52 Billion in its financial results for the third quarter ...