So the government recently announced that civil servants will be getting US$75 as a bonus for the next 3 months, but in order to do so they should open a […]
The Financial Intelligence Unit has its daggers drawn against EcoCash. The unit’s Acting Director General wants his pound of flesh and he’s not taking any prisoners. Background Zimbabwe’s currency is […]
Individuals/Families who rely on remittances where caught between a rock and a hard place when it was announced that money transfer agents would not be exempt from lockdown. Whilst this […]
Zimbabwe Stock Exchange Listed entity Cassava Smartech Zimbabwe Limited (CSZL), which has business interests in mobile money, digital banking, insurtech and on-demand services, reported revenue of ZW$946 million for the […]
Back in 2011 when EcoCash was introduced, I don’t think any of us envisioned how ubiquitous the payments platform would become close to a decade later. In fact, our article […]
The Econet Network is facing a catastrophic system failure that has seen a majority of it’s services completely unavailable. So far confirmed services that are down are as follows. Data/Internet […]
Econet recently put out their financial results for the year ended 28 February and one of the questions many had was whether these results would include any detail regarding the […]
The banking sector has been on a drive to cut out a lot of the manual processes that were pretty tedious for both banks and their clients. POSB is joining […]
Last week, Zim Morning Post broke the news that Econet and Steward Bank were violating labour laws in a pretty lengthy post. We broke down that post here. Whilst our […]
Last year, Startupbootcamp hosted their first FastTrack event in Harare. FastTracks are informal events that Startupbootcamp host all over the world to meet the most suitable early-stage companies interested in […]
EcoCash has set aside $5 million for small businesses in the Cyclone affected areas in Zimbabwe which include Manicaland and Masvingo as part of an initiative to help rebuild the […]
OneMoney has followed in the footsteps of Ecocash to introduce its own nano loan, dubbed Katsaona. Katsaona enables OneMoney customers to access collateral-free loans of up to $50 in just […]
Nobody likes the inconvenience that comes with sending someone money via mobile money if the recipient isn’t on the same network as you. That much has been established and is […]
Let’s talk about the long-desired feature introduced by Steward bank yesterday that enables people to transfer money between wallets. That’s the magic of Sosholoza: you can move money between Telecash […]
Though Steward Bank didn’t end up launching Sosholoza live on their Facebook page the cat is now out of the bag. They uploaded a video explaining how Sosholoza will work […]
Online remittances service provider, World Remit has seen an increase in cash remittances to Zimbabwe. The company says that they have recorded 30% per month increases in cash transfers for […]
The Founder of Econet Global, Strive Masiyiwa, along with his wife Tsitsi Masiyiwa have pledged $100 million to a fund rural entrepreneurs. Masiyiwa, who also happens to be one of […]
In what has probably become one of the fastest growing applications ever developed locally, the Zimbabwe Stickers by Samanyika app has now gotten close to 60k downloads and a 4.5 […]
The demerger process of Econet Wireless Zimbabwe and Cassava SmartTech is finally complete. Cassava SmartTech (CSZL) closed the day with a share price of $1.49 which is quite high once […]
Econet is going ahead with the demerger of Cassava Smartech after getting (Econet) a unanimous shareholders approval at the Extraordinary General Meeting. Cassava Smartech which is meant to provide relevant […]
When your relatives want to send you money from the UK through EcoCash dont be in fear anymore that you will receive (get) the money as Bonds notes or local […]
The AI revolution isn’t playing a big role yet in Zim but we are starting to see artificial intelligence get used and there have been a few chatbots (as we […]
Banks and mobile POS machines seem to have eyes for each other right now. Late last year Steward Bank was the first to get off their marks and they launched […]
This week we finally had a look at the Econet circular which contains details of the impending split of the company into two distinct entities: Econet Wireless Zimbabwe Limited and […]
Cassava SmartTech is about to become more of a household name as the company will no longer be under the shadow of the Econet Group instead becoming a standalone entity […]
If you’ve been following the news you’ll probably know that Econet Wireless is unbundling with Cassava SmartTech and if the Econet Wireless Zimbabwe half-year financial results are anything to go […]
Econet has sent out a circular to investors informing them of the roadmap for their spin off Cassava SmartTech. If everything goes to plan the separation will take about a […]