The market might be dominated by MultiChoice but that doesn’t mean it’s the only option. In fact, as the market leader has lost some subscribers in the past year, that change also suggests that subscribers have alternatives.
ZB Bank started its own agent network in 2015 and has so far grown this to a total of 6,000 agents with plans to grow this to 10,000 agents by the end of 2016. A bank card that is distributed and supported through all these agents would further improve access to deposits.
African telecoms carrier and Econet Wireless Group subsidiary Liquid Telecom has acquired a controlling stake in Neotel, the South African fixed telecoms operator. This comes after Tata Communications, the majority […]
Even after the recent downward review of the bank charges, the truth is that RTGSs (and people looking to access their cash have to make a lot of them) at […]
With fresh allegations of corruption already being levelled against the ICT Minister Supa Mandiwanzira, it doesn’t do him any good that the Auditor General is now revealing the minister went against […]
Econet’s mobile financial service EcoCash and fuel distributor Total Zimbabwe announced a partnership which gives all EcoCash subscribers the option to pay for fuel using mobile money.
If you are an Econet subscriber and have been failing to access its mobile money service EcoCash, you aren’t alone. The service is down for a number of users. We’ve […]
Hello Paisa, the remittance service that caters for South Africa to Zimbabwe remittances has launched a three-month promotion offering a free transfer of money.
The assumption was that the as the high cost of electronic transactions has been highlighted as a barrier to a “cashless society”, the charges for sending, receiving and cashing out money from mobile money wallets would also immediately come under review. That is yet to happen.
Using the same third party integration to maximise on the attention that is given to these specific services, developers catering for Zimbabwe need to create solutions around WhatsApp and Facebook instead of independent applications that would otherwise be overlooked.
Every time I go to the ban, I’m always surprised to see a long queue of people paying for their DStv subscriptions. They come into the bank, walk to the […]
While I agree that governments often tend to do things that count for imprudence, the reality of the matter is that while we may not want anything to do with policy makers, the policy makers have everything to do with us and our tech goals.
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.
Ericsson has since communicated their position regarding this relationship, emphasising that it hasn’t signed any contract with Econet. The mobile operator is only a potential partner just like other mobile network operators in the region.
Econet has announced that payments made on its mobile money platform, EcoCash, will not attract any transaction fees. According to Econet, this has been effected for merchant payments that are […]
Without the option to easily move from one service provider to another, subscribers who aren’t willing to face the frustration and inconvenience that comes with a new line and a new phone number are forced to hold on to their existing lines and even great packages that are released seasonally aren’t even explored by new…
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…
Steward Bank, the financial services institution owned by local mobile network operator Econet Wireless published its most impressive set of financial results to date with its first-ever annual profit.
Econet’s entire Mobile Financial Services division which includes services like EcoSure brought in $87 million with EcoCash contributing $73 million up from its revenue total of $61 million the year before. This $73 million haul constituted 11% of Econet’s total revenue for the year.
The investment case for converged services has been explored by different operators across Africa as the case for revenue diversification in telecommunications becomes increasingly compelling.
While most of the focus in the past year for MTN has been on how it is dealing with the significant fine it received in Nigeria for failing to adhere to subscriber registration regulations, this update has also highlighted the current state of African telecoms.
M-Pesa, the mobile money platform which falls under telecoms giant Safaricom in Kenya, is the most developed one in Africa. Recently, after shifting the servers for the service from Germany to Kenya […]
Many Zimbabweans associate the ZiNG brand with Caps United FC, and with a mobile instant messaging app based out of Durban, South Africa. The ZiNG technology fell broadly under the bracket […]
NetOne, the government owned mobile operator, made a loss of about $3 million dollars in the 2015 financial year, the company’s acting chief executive officer Brian Mutandiro has said.
Through the app the ordinary user can identify a tradesman who can handle a particular task while it also provides tradesmen who sign up for it a tool for locating work.
Earlier this week UK-based publisher and media company the Financial Times (FT), announced the introduction of a WhatsApp broadcast service which will be used to distribute its content to readers.
This morning, EcoCash and MTN Zambia officially unveiled a remittance partnership that will enable MTN customers in Zimbabwe’s northern neighbor to send money into the country via the mobile platform MTN […]
According to an invitation that we’ve just received from the local mobile operator Econet Wireless, it will be launching a new remittance partnership between its mobile money service EcoCash and MTN Zambia’s MTN Mobile Money.