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James Makamba on Telecash so far: great launch and great reception

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 and great...

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Astro Mobi store delayed: denied access to EcoCash and Telecash API

Astro’s plans to launch local a content app store have been delayed because the company failed to secure APIs to integrate with EcoCash and Telecash for payments. Astro had planned to unveil the “Astro...

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Techzim Podcast: Talking about getting social #GetSocial

So we thought we’d do a podcast specially focused on the #GetSocial event. In this Techzim Podcast we provide more information, answer some questions about what to expect there, the content, the...

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Dr John Mangudya at RBZ: What Does it Mean For EcoCash & Mobile Money?

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 at a time when the government...

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9 sure fire ways to kick start your brand to #GetSocial

Yes, it finally has been preached enough and you are part of the converted. Social media is a necessity if you are serious about getting your brand recognised at a marginally lower cost than...

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Of the EcoCash Android App and the elusive API

I am excited and disappointed at the news that EcoCash has finally released the EcoCash app. Excited because it was long overdue and this could be the much developer touted API. Much to my disappointed...

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EcoCash still wants 5 new customers daily from Agents? Agents Association...

The Mobile Money Transfer Agents Association of Zimbabwe (MMTAAZ) has issued a press statement in response to a requirement from Econet that EcoCash agents should sign up 5 new customers daily, as per...

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Bitcoin slipping further; FB, Occullus & virtual reality; Xiaomi ambition…...

Bitcoin slipping even further as China and US Taxman happen So, Bitcoin is having a tough time regulatory wise in China. Apparently China wont have any bank handling Bitcoin Exchange bank accounts and...

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EcoCashLoans now available to EcoCashSave customers with zero interest

Econet Services has officially launched a new product called EcoCashLoans, an extension of EcoCashSave at an event held at Holiday Inn in Harare this morning. EcoCashLoans, just like EcoCashSave will...

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EcoCashLoans – Game changer? Opportunity or Threat? For who?

With the launch today of EcoCash Loans, following in quick succession from EcoCashSave accounts, Econet wireless has yet again read from the M-Pesa script to be the dominant financial services provider...

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Why are these mobile money fraudsters difficult to catch?

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 like EcoCash,...

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OneWallet now pays ZESA prepaid electricity credit, so does CBZ & ZB Bank

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 deal between...

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EcoCash boasts of having handled transactions worth over $4 billion to date

  Econet Wireless Zimbabwe says that its mobile money transfer service, EcoCash, has handled transactions in excess of $4 billion since the service was introduce in 2011.This was highlighted by...

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Facebook reported to be venturing into money transfer services

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 from The...

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EcoCash’s competition isn’t Telecash, OneWallet or banks. It’s the internet &...

Econet Wireless is one of a few telecommunications companies on the continent that has realized that the old telecoms model of charging for voice and SMSs – based on operating physical network...

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Econet says it won’t back down on its demands to banks

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. This is according to a report in The...

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A bit more information on EcoCashLoans in case you’re still in the dark

A few weeks after the EcoCashLoans launch, a lot of people still have some questions on how the service really works. On their part, both Econet Services and Steward Bank have surprisingly done...

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How mobile micro-credit loan schemes can devastate our economy – Part 1

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 has been some suspicion...

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Econet’s partnership with WorldRemit a smart way to stay in money remittance?

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 annual figure of $64...

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Econet to integrate systems with Western Union

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 from abroad...

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