Econet Wireless owned “tech bank” Steward Bank has recorded a loss of $26.3 million for the operating year ended March 2014. Econet Wireless announced this in a media release and the […]
Econet Wireless Zimbabwe announced its financial results today for the period ending February 2014. The financial services and telecoms company is the country’s largest mobile services provider by subscriber number […]
When I read the report that said for the past several years the entire amount received in donations by the OpenSSL project was a mere $2000 in donations per year; […]
A report in the Herald has stated that a commercial agreement has been reached between money transfer services Western Union and Econet Wireless which will allow people to send money […]
The Herald yesterday reported that Steward Bank is closing 8 branches and consequently retrenching scores of employees. The Herald report does not give an indication of the timelines nor any official […]
The money transfer and remittance services industry is a big deal and it’s something we understand here in Africa because of the huge monetary inflows from the diaspora. At an […]
Taxing the informal sector, like our government is preparing to do will only eat further into the already small incomes of informally employed members of our society, forcing them to […]
Recently a video created by Deloitte UK, entitled “Cyber Security. Evolved” collected multiple awards for highlighting, in a captivating and entertaining way, how cyber security is real, immediate and not […]
A lot has been said here at Techzim and other places about Econet’s foray into mobile micro-finance. As is the custom with anything that Econet Wireless does these days, there […]
Econet Wireless has pronounced a firm refusal to back down on it’s demand on banks to pay a tariff of 30 cents to gain access to its transaction messaging system. […]
Facebook is reportedly planning to venture into financial services by providing a facility for its users in select countries to store money, transfer funds and make online payments. A report […]
NetOne’s OneWallet customers will now be able to buy ZESA prepaid electricity credit via OneWallet mobile money solution. In a press statement, NetOne said the integration is part of a […]
In an advice article published in the Sunday Mail today (read it so you don’t fall prey), the police warned readers that fraudsters in Zimbabwe are now using mobile money services […]
George Chingore, a Harare Institute of Technology (HIT) dropout has built a functional airtime vending machine prototype from scrap computer components he assembled through the help of friends. George Chingore […]
Telecel Zimbabwe chairman, James Makamba, spoke about his company’s new mobile money product last week on CNBC Africa’s Closing Bell show referring to Telecash as having had a great launch […]
We’ve just received a press release from Telecel on the developments of their now almost two months old mobile money service Telecash. In the press release Telecel is basically saying […]
Telecel launched Telecash with interoperability as their main trump card and that promise seems to taking shape gradually. . Today Telecel announced via their Facebook page that Telecash users could […]
The story on Dennis Magaya’s dismissal from Powertel was a contentious issue on Techzim.co.zw and also dominated the discussions in this podcast. We also discussed the auto registrations to EcoCash, […]
Local mobile devices brand Astro is set to launch a new product called the Astro Mobi Store at the e-Tech Africa Expo 2014 scheduled for 12-14 March 2014. Yesterday I was […]
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 […]
We have just received the Reserve Bank of Zimbabwe’s official position on the mobile money agents war that was playing out between EcoCash and Telecash. The issue started after Telecel […]
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 […]
Through an article in The Sunday Mail today, Payway announced the launch of its electronic payment service which uses self service kiosks, an Android application, and standard electronic vending devices (the […]
For the first time, mobile penetration has exceeded 100% mainly driven by subscriber growth from Econet Wireless and Netone. The country’s second largest operator was apparently at receiving end of […]
Last week Friday we wrote that PesaPal, a popular Eastern African internet payment gateway, is expanding to Zimbabwe, and a few hours later, as if not to be outdone, another […]
Hot on the heels of the Telecash launch and an alleged subsequent fight over agents with Econet, a new Mobile Money agents association called Mobile Money Transfer Agents Association of […]
Kenyan internet payments startup PesaPal is expanding into Zimbabwe. Agosta Liko, the founder of the company told us recently that their focus for the Zimbabwe entry is eCommerce, Tourism, Hotels, School […]
So after publishing a number of articles on the situation between the banks and Econet, about neutral access to the Econet GSM network, we’ve received a number of questions about […]
Earlier today, we made a post about EcoSchool before the launch. It’s now just after the launch and we have more about the product and service. Here’s the summary: The […]