Econet Zimbabwe has announced via its 2016 half-year results that it intends to reduce its capital expenditure significantly from 16.6% to 5.1%. According to Investopedia, Capital Expenditure is: ….funds used by a […]
Remittance service company Mukuru (Mukuru.com) has partnered with Zimpost in a deal that allows its customers to collect cash at any of the 19 Zimpost branches countrywide bringing much-needed convenience to the […]
Zimbabwe’s currency woes affected Econet’s operations, but they also pose challenges to the telecoms industry
Econet Wireless Zimbabwe has announced in its financial results that profits dropped 37.14% in the half year to 31 August 2016. The profit after taxation stood at $14.9 million compared to $23.8 […]
Telecash, the mobile money service owned by Zimbabwean mobile network operator Telecel and the second largest mobile money service in the country lost 2,323 active subscribers between April and June 2016.
Yesterday we gave you a heads up on Econet’s possible plans to launch/re-launch its EcoSure product this morning. We expected the launch to be about introducing further product development adding […]
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 […]
Japan has fast become the BitCoin Capital of the World and in so doing many of its companies have now opened their doors to Bitcoin transactions including the much adored […]
Local comic animators have created an export line for Zimbabwe through online distribution, and are pushing content & training material for aspiring illustrators through an e-store.
Earlier today Showmax, the sister company to Multichoice, announced it has brought a new approach to the mobile video starting with Kenya where they have been experiencing low uptake of […]
MMM Zimbabwe is a nationwide topic of interest. The pyramid scheme shot to fame by offering its participants a 30% interest rate at a time when many Zimbabweans are financially struggling. […]
Called Instapay, it allows users to buy prepaid electricity as well as airtime for all three mobile networks (Econet, Telecel and NetOne) with the option to make the payment via EcoCash and Telecash.
READ: MMM Nigeria this is how MMM Zimbabwe crashed, very similar to what is happening to you now MMM Zimbabwe is still alive but barely breathing. Ever since the RBZ […]
This is a first for TelOne and the company appears to have provided a solution that resonates with the predominantly mobile Zimbabwean internet community.
Starting from the first of October 2016 this same export scheme will be extended to diaspora remittances. It has been set at 5% – with 2% being reserved for the money trasnfer agent and 3% reserved for the recipient.
According to the RBZ, an estimated $1 billion in diaspora remittances entered Zimbabwe through informal channels in 2015.
According to Chipo Mutasa the MD of TelOne the company has handled $4 million in transactions through its online payment platform, Telpay
ShonaApp has so far registered over 10,000 downloads. This uptake has been enabled by some changes made to the app that include adding backwards compatibility to Android 2.2 devices and extending distribution platforms to include WhatsApp.
Are you looking for information on Econet products and have been put on hold by customer care? The folks at Econet Wireless have decided to make it easier for you […]
MMM Nigeria this is how MMM Zimbabwe crashed, very similar to what is happening to you now Earlier today, MMM East Africa, MMM Global Zimbabwe‘s parent organization, released a public […]
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 […]
After almost 3 years of operation, Ecofarmer, Econet’s agricultural support platform is now edging towards the 1 million user mark. According to figures released in the mobile operator’s 2016 integrated […]
According to Econet, one of those added services, Ecosure’s burial society service now has over 2,000 burial societies since its launch last year
Harare City Council began rolling out pre-paid water meters early this year. A public outcry against the move did not stop the City Council from going ahead with their project. The […]
EcoShopper was launched early last year, 2015, and should have celebrated its 1st year birthday some time in May this year but the cake and celebrations were put aside. From […]
ZB Bank has made a smart play for retail financial services growth with its agent banking model, but its 9,000 agents total is questionable.
However, even with the new look and the potential to lock certain services like the sale of prepaid electricity, OneWallet is still struggling to grow, failing to even match the subscriber growth rate that NetOne has recorded over the past year which is key in providing a pool for new user signups.
Steward Bank is now opening at least 3,000 new bank accounts a day, the bank’s CEO, Lance Mambondiani told Techzim recently. We interview Mambondiani at the launch the company’s new Incubation Pod center at […]
One thing that makes bitcoin so hot is that it allows us to make transactions and move money in ways that were not possible before bitcoin was invented. We’ve compiled […]