Zimbabwe ahead of SA, says Econet

VALUE ADDED SERVICES

|
Image: Douglas Mboweni. By BiztechAfrica
Douglas Mboweni

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."  



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE VALUE ADDED SERVICES NEWS

SimbaPay launches free UK to Nigeria money transfers

Nigerians living in the UK can now send money to any bank account or mobile phone in Nigeria instantly. Read More

Local languages now on EcoCash

Econet Wireless has announced a new enhancement to the EcoCash mobile money wallet by unveiling multiple local languages to the EcoCash platform.  Read More

Airtel, Verifone partner on NFC payment in Ghana

Airtel Ghana has partnered Verifone Mobile Money to raise the bar in the mobile money space by introducing a contactless “tap and pay” near field communications (NFC) technology for payment.  Read More

Globacom unveils National Mobile Health Insurance product

Nefishetu Yesufu; Dr. Femi Thomas; Ashok Israni;  Dr. Ernest Ndukwe and Janada Mamza Nigerian national telecoms carrier, Globacom has unveiled a National Mobile Health Insurance Product to help improve access to quality health care among Nigerian population. Read More

MFS Africa to power cross-border xP2P services between MTN Mobile Money and M-Pesa in Africa

MFS Africa has announced that its mobile money hub (MFS Africa Hub) has been selected by telecom giants Vodafone and MTN to interconnect their respective M-PESA and MTN Mobile Money platforms in the East African region.  Read More

Airtel Kenya partners Medanta Africare for mobile healthcare

Airtel Kenya has joined hands with Medanta Africare to launch a new mHealth service that will allow customers access quality health advice from doctors through their mobile phones.      Read More

MTN Mobile Money and Vodafone M-Pesa to interconnect Mobile Money Services

Customers of MTN Mobile Money and M-Pesa in East Africa will be able to transfer money to each other following an agreement between MTN Group and Vodafone Group to interconnect their mobile money services. Read More

Mobile money a game changer

There has been massive drop in the number of unbanked, thanks to the boom of mobile money services, a new World Bank report shows.  Read More

Afrinvest unveils mobile app for online trading, investment management

Ayodeji Ebo, Charles Egbunonwo, Ike Chioke, Afrinvest and Tony Usidamen Afrinvest Securities Limited at the weekend launched an online equity trading mobile application, offering clients mobile access to their brokerage accounts and portfolio data.  Read More

Stanbic launches real time payments for electricity and DStv

Stanbic Bank Botswana has announced the introduction of state of the art, real-time electronic payments for Prepaid Electricity and DStv Subscription through its cellphone Banking and Internet Banking Channels. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

The transformative power of affordable smartphones and unlimited data in GhanaThe transformative power of affordable smartphones and unlimited data in Ghana

Smartphones are helping transform their lives of ordinary people in Ghana, Reports Nana Appiah Acquaye.

IN DEPTH

NIMC infrastructure must be managed by credible people: NIMC chiefNIMC infrastructure must be managed by credible people: NIMC chief

NIMC’s chief speaks to Kokumo Goodie about the role of the NIMC and his own legacy.