Zimbabwe’s telco sectors notes drop in employees of almost 10%

By professo

Zimbabwe’s telecommunications sector saw a drop in its number of employees in 2017, falling to 6,178 workers.

The sector saw a decrease of employment of 9.9%, according to a new report released by the Posts and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ).

The reported, dubbed the Abridged Annual Postal and Telecommunications Sector Performance Report 2017, indicated a rise in women employed in the industry, however.

The telecommunications and postal industry saw a 5% increase in employment between 2016 and 2017, from 29.9% female workers to 31.5%.

SEE ALSO:

By the end of 2017, Telecel, NetOne, and Econet Wireless – Zimbabwe’s three network operators – collectively had 2,755 workers, a 2% rise from the same time of the previous year.

The nation’s internet access providers number of employees fell by 2.2%, hitting 653 workers from 668.

The report also found that mobile money subscriptions in Zimbabwe grew by 42.5%, reaching 4.7mn in 2017 – the nation also saw a decline in cash bank transactions.

Airtime, bill, and merchant related payments totalled US$1.6bn during the review period.

Share

Featured Articles

Musk’s multibillion hostile Twitter takeover – the timeline

As billionaire entrepreneur Elon Musk buys Twitter for US$44bn, we draw up a timeline, from the buying of shares to the critical tweets and unsolicited bid

Sustainable moves businesses can make to win customers, IBM

With half of consumers saying environmental sustainability is more important today than a year ago, businesses should up their eco action, says IBM report

Banks and consultancies top workplaces to grow career in UK

Financial and professional services firms rank highest in LinkedIn Top 25 best workplaces list – from Barclays, Lloyds and HSBC, to PwC, Deloitte and EY

Top 10 women in technology in Europe

Leadership & Strategy

The value of ESG links sustainability to business returns

Sustainability

Top 10 European football clubs by revenue 2022 – Deloitte

Corporate Finance