Econet slashes prices for its SmartBiz corporate product

Econet Wireless Zimbabwe has reduced monthly prices for its SmartBiz internet packages by 25% in a move aimed at accelerating digital adoption among businesses and institutions in the country.

The latest decision is part of the telecom giant’s broader strategy to drive economic growth and expand internet access.

Launched earlier this year, SmartBiz offers unlimited data on Econet’s 4G and 5G networks, catering to the growing demands of businesses for reliable high-speed connectivity. The new pricing structure will make these packages more affordable, enabling businesses to leverage digital tools for operations, marketing, and customer engagement.

The price of the SmartBiz 5Mbps package has been reduced from US$70 to US$45 per month, while the 10Mbps package now costs US$87 instead of US$112. The 20Mbps package has also been cut from US$192 to US$167.

“We believe that reliable and affordable internet access is essential for businesses to thrive in the digital economy,” said Econet in a statement.

“By lowering the cost of SmartBiz, we are empowering businesses of all sizes to harness the power of technology and unlock new opportunities.”

To further accelerate digital inclusion, Econet has introduced a credit facility for SmartBiz internet routers, targeting churches, schools, and MSMEs. The initiative is designed to bridge the digital divide by providing these institutions with access to high-speed internet without upfront costs.

“By offering a flexible 24-month payment plan, we enable churches, schools and MSMEs to integrate advanced digital tools into their daily operations without the burden of upfront costs,” Econet said.

Econet’s initiative aligns with the government’s digitalization agenda, which aims to enhance connectivity and digital literacy across the nation.

By reducing the cost of high-speed internet and providing flexible payment options for essential community institutions, Econet is playing a crucial role in enabling Zimbabwe to transition to a full digital economy.

To qualify for the credit scheme, Econet said businesses and institutions must provide CR14 forms or proof of registration with the church board, Ministry of Education, or relevant authorities.

In addition, they should provide certificates of incorporation or proof of operational address, two copies of IDs of directors, church leaders, the head of school, or the owner, three-months’ bank statements and CR6 for private companies or an institution’s representative letter.

Related