There is a slowed growth in Mobile Money according to the RBZ’s Mid Term Monetary Policy Statement. This is probably a result of the turbulence in both the banking and telecoms sectors.
Like a lot of other Value added services, mobile money services have always had more than one regulator monitoring activities around service delivery and in a lot of respects, protecting […]
The Zimbabwean legislative took a stand for cellphone users’ privacy yesterday when it outlawed legal provisions that allow the ZRP to approach mobile network operators and access information provided by […]
When TelOne started billing customers in US dollars back in February 2009, it was accused of having converted Zimbabwean Dollar bills to US dollars at unrealistic exchange rates resulting in ridiculously high bills which […]
If you were waiting, the wait is finally over, former CBZ chief and Economist Dr Mangudya will be the new substantive Governor of The Reserve Bank of Zimbabwe. This comes […]
Late last week we broke the story on the Reserve Bank of Zimbabwe’s directive to mobile money service providers, which basically said that mobile money agents can conduct services for […]
For the first time since its launch. Telecel’s Telecash has started advertising its mobile money agent network in the local press. Telecel is currently embroiled in a bitter wrangle with […]
So we finally got a response from Econet PR on the issue of them automatically registering Econet voice subscribers to the EcoCash mobile money service. It’s basically a, “no we […]
Picture: Telecel’s Financial Services Director: Nkosinati Ncube It appears the war for mobile money agents is escalating as we can reveal that Telecel lodged an official complaint with POTRAZ alleging […]
We just attended the Telecash official launch in Harare where the company unveiled to the public their new mobile money service. We live-tweeted the event from our official Twitter handle […]
The article below is a statement issued by ZimSwitch on the state and progress made with the ZimSwitch Shared Services payments switching platform. The statement was issued to us as part of […]
We’re just from a press conference where Econet Wireless and Stanbic Bank announced the integration of Econet’s mobile money transfer platform, EcoCash, with Stanbic’s banking system allowing EcoCash subscribers to transfer money from and to their Stanbic accounts. Selected branches of Stanbic will also act as EcoCash Super Agents allowing EcoCash agents and customers to…
Press releases are usually filled with exaggerated self-praise and sometimes some subdued remarks subtly attacking the competition. Not with today’s press release from Econet Wireless which we posted earlier. The company has fired a salvo at CABS, ZimSwitch and Kevin Terry accusing them of using the Bankers Association of Zimbabwe to fight the EcoCash mobile…
The constant complaint with mobile money services locally (EcoCash really) is that it’s expensive to use. Since launch. They reviewed the transaction fees downwards once, a few weeks after launch, but EcoCash remained the most expensive mobile money transfer service in Zimbabwe. So yes, we mourned a lot about it every time we got a…
When mobile payments were introduced in Zimbabwe, I thought here is the chance for me to sell my book to Zimbabweans who do not have Visa cards, MasterCards etc. I made my first call to Big Bank in November of 2011 and asked them about accepting payments via their mobile money transfer solution. I was…
Yesterday, 24 July 2012, the National ICT Policy consultative meeting was held in Bulawayo and it was a somewhat charged affair. The man running the show on behalf of the […]
NetOne’s newest and pioneering product, OneWallet mobile money transfer solution was successfully launched to stakeholders in the city of Harare recently. OneWallet is a cocktail of services that include, sending cash, receiving cash, topping up own account, topping up another’s, account and paying bills via the mobile phone.
Yesterday we received an interesting press release from Telecel. Normally we just go over the press releases and fish out the newsworthy stuff and give you our take on the issue. Yesterday’s press release is different.
From left to right: Zimswitch CEO Zabron Chilakalaka, Zimswitch Chairman Wonder Nyabereka and RBZ Deputy Director Financial Markets, Dr Josephat Mutepfa The official part of the Zimswitch Payments Conference has […]
A couple of years ago Econet Wireless and EcoCash Holdings called for an early redemption of debentures. That may sound like Greek to some but you can get the explainer […]
Liquid faced another fiber break this morning that resulted in a nationwide internet outage. Instead of the internet coming to a dead stop, it instead just got quite slow. This […]
The loan space in Zimbabwe has been pretty rough for the common man for a while now. Whilst bankers and formally employed individuals with healthy bank statements could have loans […]
Remember a time when a number of cryptocurrency startups in Zimbabwe were banished from existence? And it was by the RBZ. Okay to be fair some of them were not […]
Some quick math on social media suggested that Mukuru and how charges were inconsistent for domestic remittances. In the post, the math went something like this. 1/ Stolen…. A) Sending […]
You might not understand what the fuss about cryptocurrencies is all about. Or maybe you understand but find it all rather ridiculous. Either way, you have to concede they are […]
The Zim govt announced that retailers are no longer allowed to offer discounts for those paying in USD. Instead, they shall accept both the USD and the ZW$ and use […]
The Zimbabwean government did a number on banks, suspending loans that are responsible for a third of their revenues. We know that banks are trying to engage the authorities to […]
Cryptocurrency has had quite the journey in its young life. The most famous one, Bitcoin, was introduced in 2009 with a value of zero. Over the years that price has […]
The City of Harare’s Twitter activity has been something to behold. Over the last year, we have seen the local authority make pronouncements of new requirements and measures that the […]