From my experience using the internet it has come to light that quite a healthy number of small scale businesses either lack online presence or they have an outdated version […]
Nothing can be further from the truth. The internet does not give you anonymity unless you diligently seek it and even then just one breadcrumb is all it takes for you to be unmasked and get into real trouble.
MMM Zimbabwe made a lot of people rich but eventually made a lot more poor, typical of any pyramid/ponzi scheme that has come into existence. Yes, the whole concept was to […]
Econet, Zimbabwe’s largest telecoms provider has distanced itself from the recently collapsed MMM ponzi scheme. In an advert published today, the company distanced itself from the scheme, saying they wouldn’t be responsible for […]
Recently we published a story on RBZ warning the public against Ponzi and Pyramid schemes. The principal financial regulator fingered MMM Global Zimbabwe (MMM) as the biggest Ponzi/pyramid scheme offender. MMM dominated […]
The Reserve Bank of Zimbabwe issued a public statement yesterday, 25 August, warning the public against participating and investing in Ponzi and Pyramid schemes. According to the RBZ, Ponzi and […]
Zimbabwe’s total number of Point of Sale (POS) terminals has increased from 17,069 recorded at the end of March 2016 to a current figure of 20,000.
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…
If you witnessed the sorry state of the Zimbabwean economy in the 100 trillion dollar note days, it’s hard to not be skeptical when the same government introduces a new note. That the […]
Banks are going to have a ‘Uber’ moment said Anthony Jenkins after leaving Barclays as CEO in 2015. Jenkins’ message is an instructive characterization of the rise of fintechs which […]
Steward Bank is set to launch a services partnership with Zimpost, the entity that runs the country’s postal network. Under this arrangement, Steward Bank services will be available from post offices around the country.
I’m leading a team of 6 developers who are working in different geographies across different working hours, and the best investment I’ve made on behalf of the company so far, […]
A Zimbabwean startup called BitFinance that’s building a Bitcoin exchange in Africa and a Bitcoin ATM just got admitted into Savannah Fund’s 4th accelerator class. The fund is based in Kenya […]
This past week, we got to sift through the latest figures on Zimbabwean telecoms from the industry regulator, POTRAZ. These sector performance numbers are provided regularly and even though we’ve […]
Rocket Internet is in the neighbourhood again. This time the small business incubator/”clone factory”/startup collective has plans to introduce the local market to its car classifieds service Carmudi. It’s been […]
Today state-owned mobile network NetOne introduced its own emergency airtime credit facility that extends 50 cents to any prepaid subscriber accessing the service on the *140# shortcode. NetOne has made […]
So in sending money to the UK, one of the questions that people asked me was how do I send money to Zimbabwe. Why send money to Zimbabwe? I know, […]
Day One: 21 October 2014 Day Two: 22 October 2014
If you’ve bought a car from BeForward before (not too sure how many HAVEN’T) but you’ll be pleased to know the largest car dealer selling cars to Africa is now […]
I went to an EcoCash Agent to withdraw the $60 I needed to buy a ticket for the Startup Weekend. I had $62 in my EcoCash wallet in my EcoCash […]