African fintech startup Zoona secures $15 million investment, focuses on...
One of Africa's regional fintech startups, Zoona, announced that it has raised US$15 million in a new round of funding. Articles appeared first on Techzim; African fintech startup Zoona secures $15...
View ArticleZB Bank says it now has 9,765 agents, highlights role of prepaid ZESA...
Besides setting the record straight these numbers also highlight one important factor. The distribution of a key utility, in this case ZESA's prepaid electricity, has been a major contributor to the...
View ArticleEconet’s EcoSure burial society service now processing over 400 claims a...
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 Articles appeared first on Techzim; Econet’s EcoSure...
View ArticleRBZ issues stern warning against participating in Ponzi/Pyramid schemes,...
The Reserve Bank of Zimbabwe issued a public statement yesterday, 25 August, warning the public against participating and investing in Ponzi and Pyramid schemes. According to the RBZ, Ponzi and Pyramid...
View ArticleAll local online gambling sites are illegal, but like MMM, there is a legal...
image credit: un.org In a public announcement today, the Lotteries and Gaming Board of Zimbabwe which falls under the Ministry of Home Affairs warned the public against illegal internet betting,...
View ArticleEconet not one with MMM, says Econet. They just benefit from it.
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...
View ArticleIs EcoCash turning a blind eye on money laundering and illegal activities?
Econet’s EcoCash released a public statement today distancing itself from MMM Global Zimbabwe and any other illegal activities such as Ponzi schemes. In their public statement, EcoCash reminded us that...
View ArticleMMM reacts to public scrutiny, re-opens accounts, existing members lose 80%...
Earlier today, MMM East Africa, MMM Global Zimbabwe‘s parent organization, released a public statement on its website. The statement gave notice to all members of the immediate suspension of its...
View ArticleEcoCash reintroduces merchant payment fees, brings cost of mobile money...
Unfortunately, this was only a 90-day reprieve set to run from the beginning of June to the end of August 2016. The EcoCash team has since reintroduced its merchant payment fees which can go up to...
View ArticleRemittances to Zimbabwe decline by 15% to $387.9 million as use of informal...
Zimbabwe recorded $387.9 million in diaspora inflows during the first 6 months of 2016, representing a 15% decline in remittances from the $457.8 million registered in the first half of 2015. Articles...
View ArticleMinistry of Finance proposes a suspension of duty on POS machines
Zimbabwe's Ministry of Finance and Economic Development has proposed to suspend the customs duty on Point of Sale (POS) machines as part of measures that will encourage the use of electronic payments....
View ArticleZimbabwe introduces e-payments for tollgates with new prepaid tolling cards
Zimbabwe National Road Administration (ZINARA) recently introduced a prepaid toll gate card which provides motorists with a card payment alternative at its toll gates. Articles appeared first on...
View ArticleTelOne handles $4 million in transactions through its online payment...
According to Chipo Mutasa the MD of TelOne the company has handled $4 million in transactions through its online payment platform, Telpay Articles appeared first on Techzim; TelOne handles $4 million...
View ArticleEcoCash partners Mukuru in new cross border remittance tie-up, consolidates...
In the latest of its remittances partnerships Zimbabwean mobile network operator, Econet Wireless has just unveiled a cross-border money transfer deal between its mobile money service EcoCash and...
View ArticleAn estimated $1 billion remitted from the diaspora to Zimbabwe through...
According to the RBZ, an estimated $1 billion in diaspora remittances entered Zimbabwe through informal channels in 2015. Articles appeared first on Techzim; An estimated $1 billion remitted from the...
View ArticleList of Banks you can link your EcoCash with, how to do it, and the other...
With the current cash crisis still looming over Zimbabwe, most people are turning to EcoCash as their only hope of getting some much needed hard currency. However, most money is still being held up in...
View ArticleEcoCash agents accused of selling cash
After we published an article on the list of banks you can link with EcoCash last week a few of our readers alerted us to the practice of EcoCash agents “selling money” purposefully depriving the...
View ArticleHere is Econet’s response to allegations of EcoCash agents selling cash
Earlier we reported on Econet’s EcoCash agents “selling” cash. We received notice of the alleged misconduct after we wrote on the list of banks you can link your Ecocash wallet with, with disgruntled...
View ArticleFacebook launches Marketplace, a classifieds service that wil change how we...
However, it's hard to not consider a singular Facebook service that's kitted out with features like location specific searches and results that bring buyers and sellers closer as a huge threat if not...
View ArticleWant to buy your ZESA prepaid electricity online? – here are 9 options
However, this is not the first tool for online ZESA payments and it likely won't be the last. In the meantime we've listed some of these alternatives nine in total - that you can use if you want to buy...
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