Econet denies alleged customer data breach*
Business

Low tariffs impact Econet’s capital expenditure

ECONET Wireless Zimbabwe, the country’s largest mobile network operator, says the current low tariffs are affecting its capital expenditure. In a trading update for the quarter ended May 31 2023, Econet said the last tariff review for the sector was carried out in April when the interbank rate was $1 000.02 to US$1, which in…

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