This latest symptom of the national cash crisis is hardly surprising, though. As bank account holders continue to face challenges in withdrawing cash from their accounts via ATMs or in-branch withdrawals, those that have bank accounts linked to mobile money services like EcoCash are transferring money to their wallets and cashing out from the mobile…
Steward Bank, the financial services institution owned by local mobile network operator Econet Wireless published its most impressive set of financial results to date with its first-ever annual profit.
Econet’s entire Mobile Financial Services division which includes services like EcoSure brought in $87 million with EcoCash contributing $73 million up from its revenue total of $61 million the year before. This $73 million haul constituted 11% of Econet’s total revenue for the year.
The investment case for converged services has been explored by different operators across Africa as the case for revenue diversification in telecommunications becomes increasingly compelling.
While most of the focus in the past year for MTN has been on how it is dealing with the significant fine it received in Nigeria for failing to adhere to subscriber registration regulations, this update has also highlighted the current state of African telecoms.
M-Pesa, the mobile money platform which falls under telecoms giant Safaricom in Kenya, is the most developed one in Africa. Recently, after shifting the servers for the service from Germany to Kenya […]
Many Zimbabweans associate the ZiNG brand with Caps United FC, and with a mobile instant messaging app based out of Durban, South Africa. The ZiNG technology fell broadly under the bracket […]
NetOne, the government owned mobile operator, made a loss of about $3 million dollars in the 2015 financial year, the company’s acting chief executive officer Brian Mutandiro has said.
Through the app the ordinary user can identify a tradesman who can handle a particular task while it also provides tradesmen who sign up for it a tool for locating work.
Earlier this week UK-based publisher and media company the Financial Times (FT), announced the introduction of a WhatsApp broadcast service which will be used to distribute its content to readers.
This morning, EcoCash and MTN Zambia officially unveiled a remittance partnership that will enable MTN customers in Zimbabwe’s northern neighbor to send money into the country via the mobile platform MTN […]
According to an invitation that we’ve just received from the local mobile operator Econet Wireless, it will be launching a new remittance partnership between its mobile money service EcoCash and MTN Zambia’s MTN Mobile Money.
The UEFA Champions League’s access over the internet is a major endorsement for the growing trend of streaming alternatives for live sports. Earlier this year the United States’ NFL inked a streaming deal with Twitter while SnapChat also entered into an arrangement to share clips from the 2016 Rio Olympics in Brazil.
Showmax recently opened up to 36 new African countries including Zimbabwe. The service can be accessed on Showmax.com or through the Showmax mobile application available for iOS and Android.
NetOne recently announced that its Dollar A Day promotion will now be offered as a bundle under its existing lineup of VAS services along with a host of changes that include adjusted free minutes. These changes haven’t been received warmly.
Instant Messaging platform WhatsApp has officially launched a native desktop application for Windows and Mac OS.
M-vendr, the Zimbabwean founded fintech startup that was accepted into 500 Startups recently just revealed to us their monthly transactions on their Point of Sale token retailing platform has risen to […]
This article is an ongoing attempt to document Zimbabwean mobile apps with the most downloads in either the Android or iOS store.
Speaking on government’s deal with Vimpelcom regarding Telecel, the Minister of ICT, Supa Mandiwanzira said that the operator’s market capitalisation stood at a minimum of $250 million.