Despite the fact that cash’s role in our financial system is thinning, critical things that require cash like paying for kombie or buying in Mbare, makes one realise that cash […]
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 […]
A lot of businesses rely on the internet and while that might seem like common knowledge we were forced to relearn that this week as our government made the draconian […]
Due to the economic, cash and banking crisis a lot of Zimbabweans rely on remittances send back by their friends and relatives from the Diaspora. For the past three years or […]
Finally, we got to understand why Zipcash has been quiet. According to Zipcash’s Managing director, Sifundo Moyo, the electronic money transfer service hasn’t been experiencing growth of late. Zipcash which graced the […]
Steward Bank has built on the previous week’s momentum to add another feature on it’s *236# platform. This morning Steward Bank unveiled an instant foreign currency account, called The Dura […]
We can all agree that paying for DSTV is quite a hustle these days. The only bank that I know that was accepting bollars/zollars was Nedbank, but even they have […]
So Kwese satellite TV is the service we all liked to hate but now miss terribly. As they say it only takes the rain to miss the sunshine. The thing […]
Ecobank has a useful Q&A for clients regarding the recently announced separation of bank accounts into the so called ‘FCA Nostro and the FCA RTGS.’ I still grimace to think […]
Below is statement by Zimbabwe’s Minister of Finance and Economic Development, Prof Mthuli Ncube: Introduction 1. The economy is showing signs of recovery albeit with a number of challenges and […]
The last time we heard of Kanzatu-Nzatu was when we were reviewing their Square World app targeted at the diaspora. Now with the imminent Cholera epidemic that has struck Zimbabwe, […]
Making money as an online publication is a very uncertain business and the world over it seems no one is yet to fully crack this code. Of course, some publications […]
Benoit Daoglio is a cool guy from France. He recently finished his studies at McGill University in Canada and he decided to tour Africa. He embarked on a trip from […]
The Zimbabwe National Road Administration(ZINARA) is introducing a new Pre-paid card that will enable users to transact at toll gates in a quicker and more efficient manner. How do you […]
An offer you cannot resist Currently Udemy is running a new year promotion that will allow you to enroll into any course for $10.99. Before I start rambling please know […]
Kwesé TV is on an expansion drive and in line with that goal they seek to remove all hindrances to would-be customers joining the movement. They also want to bring […]
Ecobank recently announced that they’re launching a new service called Scan+Pay which will be available in 33 countries across Africa. Scan+Pay is a service that will allow you to scan […]
Two years ago before we launched Rentalgrid in USA, we thought it could be a wise decision to launch in Zimbabwe first. Our initial idea was to help property owners in […]
In the 2017 national budget statement for Zimbabwe which was shared recently by the Minister of Finance Patrick Chinamasa, it was announced that formal remittances for 2016 are projected to […]
Econet plans to re-launch its EcoSure product tomorrow morning in a launch we expect to be about introducing further product development that adds more value to the existing platform under […]
With dwindling foreign direct investment (FDI inflows fell by 23% between 2014 and 2015 from US$545 million to US$421 million), remittances are now the second largest form of capital inflows for Zimbabwe behind exports, emerging as Zimbabwe’s leading FDI alternative.
Despite the service’s huge potential Telecash has been rather quiet about the service without any major promotion for it – Until recently when it sent out SMSes encouraging people to receive money through Hello Paisa for collection from Telecash agents.
WorldRemit, the global money transfer and remittances services company, together with MTN, the Pan-African telecoms concern, have announced that WorldRemit customers can now send money instantly to MTN Mobile Money wallets in Rwanda, Uganda and Zambia.
Unfortunately, the Telecash-Mukuru facility hadn’t been providing instant transfer of funds. Recipients had to wait for hours before the money reflected in their wallets. Now, Telecash and Mukuru have improved the system and once the money is sent it will be recieved instantly by the holder of the Telecash wallet.
There is huge investment that is constantly being harvested from Zimbabweans living abroad. Tech startups can tap into this and they should be exploring some ways to do so. This would create a scenario where venture capital is essentially imported.
Does Econet get the internet? Looking at the Tengai experience (it hasn’t been restored more than 2 months later), a strange EcoShopper product, and the long silence on ipidi you get a sense of how much Econet is prepared for business at this level.
Mukuru, announced this week the launch of Storecard in partnership with Zimbabwean retailers Halsteds and Electrosales. Essentially, the recipient of the transfer will be able to ‘redeem’ products equal to the transfer value from these […]
Earlier this week it was reported that Kenyans will now be able to open Central Bank depository accounts from their phones using their mobile money accounts without visiting a bank or broker, and proceed to buy government paper. Can this be adopted in Zimbabwe as well?