Saturday, September 27, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home News Africa News

Kwesé TV set to Sell Company sequel to Shutting down Services

Tech Gist Africa by Tech Gist Africa
08/28/2019
in Africa News, News
0 0
0
Econet Shuts down Kwesè Sport, Kwesè TV, and kwesè Play

Photocredit: innovation-village.com

0
SHARES
Share on FacebookShare on Twitter

Kwesè TV— one of the media services of Econet Media Limited—a subsidiary of Econet Group, has been put up for sale, alongside other media arms of Econet Media. This comes sequel to its recent shutdown.

https://twitter.com/TVwithThinus/status/1165906151982190592

According to an Ernst and Young ‘invitation to tender’ newspaper advertisement released on the 23rd of August 2019, Econet Group plans to sell off its Econet Media Limited shares. The shares would be sold across 29 units in South Africa, Botswana, Nigeria, Ghana, Dubai, Kenya, Malawi, Lesotho, Rwanda, Tanzania, Uganda, Zambia, and Mauritius.

Five years after launch, Econet Media, owner of Kwesé TV, announcing the sell-off of its operations across a dozen different countries in Africa. Econet Media went under administration in July. pic.twitter.com/xTFX1saSyJ

— newZWire (@newswireZW) August 23, 2019

The move to sell comes weeks after the company cuts off all Kwesè services; Kwesè TV, Kwese Free Sports, and Kwese iflix.


See also: Econet Shuts-down Kwesé TV, Kwesé Sports and Kwesé Play


The services up for sale include Kwesé Free TV Limited and Modern African Productions Limited in Ghana; Econet Vision in Mauritius, Deque Media Services Limited and MAP Nigerian Productions Limited in Nigeria, Kwese Play Pty Limited in South Africa, Omni Broadcast Limited in Uganda, and Platinum Communications Limited in Zambia; amongst others.

The invitation to tender states that bidders are required to specify the name of the subsidiary and the number of shares to be tendered. This offer is valid till the 6th of September, 2019, at 16:00 (GMT+ 4) Mauritius time.

The selected bidders will be given a space of five working days to pay a non-refundable fee of 10% of the tendered amount.

 

More on TechGist Africa:

  • 9mobile Secures $230 Million Loan from Africa Finance Corporation to Scale Growth
  • Tastemakers secures $1 Million Funding to Market African Experiences Globally
  • San Francisco-based Kiva partners Sierra Leone Government to Launch Digital Credit Database
  • Palladium set to raise $40 Million Impact Fund for African off-grid solar & Agribusiness Startups
  • Naspers set to List on Amsterdam’s Euronext
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Rulebase
Funding

Rulebase Secures $2.1M Pre-Seed Funding to Revolutionize Fintech Back-Office Automation

by Tech Gist Africa
09/26/2025
0

Rulebase, a Y Combinator-backed fintech startup, has raised $2.1 million in pre-seed funding to automate back-office operations in financial services....

Read more
SunCulture Kenya

SunCulture, a Kenyan climate-tech startup has secured a $5 million funding

09/26/2025
AGF Visa Foundation

AGF and Visa Foundation Unveil $2M Fund for Women Entrepreneurs in Africa

09/26/2025
Justyol Morocco

Justyol, a Moroccan e-commerce startup has raised $1 million in funding

09/26/2025
Mavryk Network UAE

Mavryk Network Secures $10M to Revolutionize UAE Real Estate with Blockchain Tokenization

09/26/2025
Next Post
Egypt and Facebook diverse plan to tax digital advertisement

Egypt Set to enforce Tax on Social Media Ads & Digital Services

Uganda partner Huawei

Uganda boosts Security with Huawei's AI Facial Recognition Surveillance System

GIG Logistics expands to Ghana

Nigeria-based GIG Logistics Launches in Ghana

No Result
View All Result

The Big 5

Food Security

How Technology is Advancing Global Food Security and Reducing Hunger

by Tech Gist Africa
09/26/2025
0

...

Nvidia Abu Dhabi Robotics Lab

Nvidia and Abu Dhabi Institute Launch Middle East’s First AI & Robotics Lab

by Tech Gist Africa
09/26/2025
0

...

MultiChoice

Canal+ has officially completed its $3.17 billion acquisition of South Africa’s MultiChoice Group

by Tech Gist Africa
09/26/2025
0

...

216 Capital & Plug and Play Accelerator

216 Capital & Plug and Play Launch Tunisian Accelerator to Bridge Local Startups to Global Stage

by Tech Gist Africa
09/26/2025
0

...

Funding

Groundbreaking UK Tender Aims to Map East Africa’s Start-Up Financing Landscape

by Tech Gist Africa
09/26/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.