Econet Media

Kwesé TV shutters as Econet blames Zimbabwe economic crisis

Econet Media’s pan-African satellite TV service Kwesé TV is shutting down today, with parent company Econet Wireless blaming economic conditions in its home territory of Zimbabwe and the difficulty in securing foreign currency to pay suppliers. Zimbabwe ceased to recognise the US dollar and South African rand, as well as other foreign currencies, as legal […]

African pay TV outfit Kwesé goes into administration

African pay TV operator Econet Media, which operates under the Kwesé brand, has put its satellite broadcasting business into administration. CEO Joseph Hundah (pictured) said yesterday that the group is in talks with creditors to rescue its business. Econet abandoned its attempt to challenge MultiChoice’s DStv in the pay TV market across 12 African countries […]

Turner APAC ups Schwebig as Jain exits

Turner Asia Pacific (APAC) has promoted Clement Schwebig to CFO, with senior VP of finance Shitiz Jain exiting next month. Schwebig (pictured) will keep his post as SVP of business development, licensing and China, while adding the new responsibilities. He joined Turner in 2013, and has led efforts to create new local and pan-regional channels […]

Kwesé adds AMC and Scripps nets

New African pay TV platform Kwesé TV has struck deals with AMC Networks and Scripps Networks Interactive to boost its growing content line-up. Econet Media-owned Kwesé TV has struck a deal with AMC to provide a version of the AMC Channel on the platform bringing shows such as Fear the Walking Dead (pictured), Breaking Bad, […]

News brief: African broadcaster enters Jabu’s Jungle

Africa’s Econet Media has bought South African animated kids series Jabu’s Jungle and will broadcast it in 17 territories. Gulli in Africa and South African network SABC have already bought the show from Ireland-based distributor Monster Entertainment. The 4-7-targeted 13x22mins series follows the nine-year-old Jabu and his magic talking drum as they explore the jungle […]