Breaking News

Econet, TN Bank partnership to allow customers buy smartphones

by Business reporter
14 January 2013 | 5233 Views
Econet customers will soon be able to buy the latest generation phones, known as smartphones, and tablets such as i-Pads on 24 month instalments following the creation of a special credit facility at TN Bank.

The plan to finance phones on credit is part of the cell phone company's reasons for acquiring TN Bank. The facility at TN Bank is expected to kick off once Econet has completed its acquisition of TN Bank.

"It is just one of several strategies which Econet is planning for the bank, which is now completely being run by Econet executives," Econet said in a statement.

Econet said plans are already at an advanced stage to restructure the bank so that it can process thousands of small loan applications for cell phones and i-Pads.




In order to grow its revenues in a maturing voice market, Econet needs to convert more and more of its eight million customers to users of smartphones and tablet computers which can use high-speed data and Internet services.

Due to liquidity constraints and the ravages of hyperinflation, many Zimbabweans are behind in upgrading their communication devices. This is the reason why Econet has decided to essentially speed up the process. 

Econet TN Bank Smartphones Partnership Customers

Source: Byo24News

Are housemaids an evil lot?

Yes
40.16%
No
54.92%
Not sure
4.92%
122

Comments

News Updates

Email:

Latest News

Joice Mujuru in $4 million chicken scandal

by Staff Reporter | 29 November 2014 | 4034 Views

Jabulani Sibanda arrested for undermining Mugabe

by Staff Reporter | 29 November 2014 | 6234 Views

Zim's political crisis: Who are the main players? - As the country's v...

by Peta Thornycroft in Harare and Aislinn Laing in Johannesburg | 28 November 2014 | 3301 Views

'Jabulani Sibanda arrested' - Rumour

by Concerned Citizen | 28 November 2014 | 4411 Views

Over 60 killed in Nigerian mosque attack

by Staff Reporter | 28 November 2014 | 1622 Views

Chinamasa's budget grotesque and incomprehensible to the youth of Zimb...

by Caston Matewu, Secretary General MDC UK & Ireland Provincial Youth Assembly | 28 November 2014 | 1208 Views

Mthwakazi activists case referred to ConCourt

by Court Reporter | 28 November 2014 | 1235 Views

Olivia Muchena, 4 others ousted - The Zanu-PF National Women's League ...

by Staff reporter | 28 November 2014 | 6128 Views

Zimbabwe goes down four nil

by Prosper Tsvanhu | 28 November 2014 | 1666 Views

Mugabe may you please stop harassing innocent MDC-T Cadres - Its very ...

by Prof Richard M Simango | 28 November 2014 | 2220 Views

Stray monkey gets into a house, sleeps in a family bed - BULAWAYO - T...

by Staff reporter | 28 November 2014 | 2891 Views

Another Mujuru daughter in truck scandal - A Harare woman claims she h...

by Staff reporter | 28 November 2014 | 3881 Views

Shock as 'ill' man digs own grave - IN a bizarre incident which has le...

by Staff Reporter | 28 November 2014 | 4434 Views

'We don't owe Tsvangirai an apology' - Mbeki - Two weeks ago, the Mail...

by Thabo Mbeki | 28 November 2014 | 3379 Views

Bid to stop Zanu-PF congress - Some war veterans and youths sympatheti...

by Staff reporter | 28 November 2014 | 7722 Views

'Police BMW cause accident in town' - Photos

by Concerned Citizen | 28 November 2014 | 7928 Views

'Tsvangirai is better than ousted Zanu PF leaders' - HARARE - Zanu PF ...

by Staff Reporter | 28 November 2014 | 3825 Views

MDC-T official dies in bus accident - Shushine Siyamandanda dies ...

by Staff Reporter | 28 November 2014 | 6132 Views

Open letter to Thabo Mbeki on Zimbabwe

by Vincent Musewe | 28 November 2014 | 3796 Views

Purged Zanu-PF leaders can bounce back, analysts - THE ongoing purge o...

by Sports Reporter I Agencies | 28 November 2014 | 4829 Views

Unpaid, hungry man hits boss with a brick

by Staff reporter | 28 November 2014 | 3802 Views

Mugabe 'mutilates' Zanu-PF constitution

by Staff reporter | 28 November 2014 | 2877 Views

Gumbo savages Mugabe

by Staff reporter | 28 November 2014 | 7608 Views

'Chombo rigged central committee nominations' - Mashonaland West Zanu...

by Staff reporter | 28 November 2014 | 2898 Views

Chinamasa chides civil servants

by Staff reporter | 28 November 2014 | 3715 Views

Chinotimba bounces back

by Staff reporter | 28 November 2014 | 5514 Views

Entertainment

Zimbabwe has a good chance at winning BBA Hotshots - As the Big Brothe...

by 360nobs.com | 27 November 2014 | 1944 Views

Ivy Kombo-Kasi graduates with a Masters degree in International Commercial Law

by Jonathan Mbiriyamveka | 26 November 2014 | 4989 Views

Zimbabwean gospel musician goes live in South Africa on Saturday 29 No...

by Staff reporter | 26 November 2014 | 2071 Views

Re-brand ZBC

by Staff reporter | 25 November 2014 | 2579 Views

Express Links Money Transfer and Kenya Airways to Sponsor ZIMAA UK 201...

by Masimba Makasi | 25 November 2014 | 2133 Views

Namibian woman dances to Shona song - Video - ...

by Staff Reporter | 25 November 2014 | 4806 Views

Generations returns

by Staff reporter | 25 November 2014 | 4623 Views
iBlog

The Zero-day Vulnerability Cve-2014-4114 Impacting All Versions Of Microsoft Windows

new microsoft windows zero-day vulnerability - cve-2014-4114on tuesday, october 14, 2014, isight partners - in close collaboration with microsoft - announced the discovery of a zero-day vulnerability impacting all supported versions of microsoft win... Read More
SecNews 16 October 2014 ago

Auslogics Boostspeed 7 - More Powerful And User-friendly Than Ever

Auslogics boostspeed 7 - more powerful and user-friendly than ever!wondering how to fix slow computer performance? experts recommend auslogics boostspeed 7 - the most comprehensive system optimization software! auslogics boostspeed 7 is here!the bran... Read More
ITnews 26 August 2014 ago