Pay-Tv market Business Local News 

Mnangagwa’s Zim opens for business causing competitions for Kwese and DSTV

It seems Zimbabwe’s Pay-Tv market may be going through a revolution of sorts. Last year, Econet Media launched Kwese TV in Zimbabwe and now the Tanzanian Bakhresa Group of Companies is bringing Azam TV to our local shores. This comes after Zimbabwe President Emmerson Mnangagwa said the country was “open for business” after almost four decades of oppressive rule by former leader Robert Mugabe. “Zimbabwe is open to new international relations, even with those who have been hostile to us before. We must collectively find solutions to our problems and…

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International News 

‘Kenya is broke’ says government

Kenya is “broke”, its Treasury says, and now plans to slash its budget deficit which reportedly stands at least 80bn shillings ($790m; £569m). BBC Treasury Cabinet Secretary Henry Rotich made the comment at a senate finance committee yesterday, where he told senators to reduce budgets for each of Kenya’s 47 counties by up to 18bn shillings ($178m; £128m) within this financial year. “We are running short of revenue. There was a slow-down in business activities because of [last year’s contested] elections. We are now catching up,” he added. The International…

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Kwesé Business News 

Kwesé acquires stake in iflix Africa

ECONET Media’s pan-African media company Kwesé TV has acquired a significant stake in iflix Africa to form part of its diverse broadcast offering, as the core vehicle to deliver seamless mobile experiences to millions of viewers in Africa. iflix is a world leading entertainment service for emerging markets, offering users unlimited access to thousands of television shows, movies and more. In a statement yesterday, Econet Media said the partnership would create an exceptional mobile offering. “Having set up operations in Nigeria, Kenya, Ghana and South Africa, iflix offers users the…

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