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We Have Shut Down Over 1000 Agent Lines For Selling Cash – EcoCash
EcoCash agents are now infamous for selling cash (charging higher cash-out rates) to customers. In a way, they are the heartbeat of the currency black market. But unbeknownst to them, EcoCash has been...
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EcoCash FCA Wallet Users! Avoid This Stupid Mistake
Besides using the EcoCash FCA wallet to sell your US Dollars, some folks like me use it to send US Dollars. For one to send US Dollars to someone, they have to switch the currency of the wallet from...
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This App Allows You To Easily Check EcoCash Fees You Get Charged Before...
I’ve just ran into an app that I think EcoCash users will fall in love with just as I did.EcoCash Tarrifs is an app that helps you to calculate how much you will be charged to send money to another...
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ZACC To Investigate EcoCash And Its Agents For Selling Cash
Zimbabwe’s Anti-Corruption Commission has said like you and me, they are not particularly pleased with what EcoCash agent’s and the EcoCash system has become. The issue of selling cash by agents has...
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Ridiculous: EcoCash Manager May Face Arrest For Cash Out Premiums – Minister...
Honourable Energy Mutodi, our Deputy Minister of Information has given his two cents regarding EcoCash’s cashout problem and as with most things that come from his Twitter account it’s pretty...
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Are SMSs Asking OneMoney Customers To Reset Their Pins & Receive $2 Legit?
Local financial institutions are increasingly warning their customers about tricks fraudsters are employing to swindle them their money. So when one sees a text message from OneMoney telling them that...
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Masiyiwa On EcoCash Agents Selling Cash, “Whose Cash Are Agents Selling?
The issue of EcoCash agents selling cash has been topical lately. Some are issuing out ultimatums and even a cabinet minister is threatening the EcoCash CEO with arrest. Arrest for what is the...
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Strive Masiyiwa’s Comments On EcoCash Agents Selling Cash Are Hypocritical
By Francis Chiunda So Strive Masiyiwa recently responded to the raging debate on EcoCash agents charging premiums when people cash out of their mobile wallets. I don’t agree with his reaction to this...
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NetOne CEO: None Of The Mobile Money Players Is Offering A World Class Service
Lazarus Muchenje -NetOne’s CEO- recently sat down with Trevor Ncube and gave a pretty insightful interview touching on many aspects of telecommunications, and mobile money. Speaking of mobile money...
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RBZ Ban On Cash-in & Cash-out Will Make Things Worse
Kutsvaga kweashaya, kutsvaga uta nemugate. That’s a Shona proverb which translates to “The frantic search of someone who has lost something and has no hope of finding it, s/he will look for a hunting...
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EcoCash Should Help Us To Monitor & Control It’s Platform – RBZ
RBZ Governor, Dr John Mangudya has urged EcoCash to help the central bank to monitor and control it’s platform. Dr Mangudya’s comments are on the heels of a controversial ban which EcoCash is already...
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UPDATE: EcoCash Was Down For Just About 40 Minutes Maybe Not The Promised Outage
Update: EcoCash is now working again. It’s not clear if the downtime was in relation to the RBZ directive or if they were performing some maintenance of some sort. We are reaching out to EcoCash...
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Cash Now More Expensive On The Streets Since The Cash-in, Cash-out Ban
Our prediction that the irrational ban on cash-in and cash-out for mobile transactions would make things worse has just been confirmed. The price of cash on the streets has just gone up. This is one...
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The Politics Of EcoCash, EcoCash Agents And Selling Cash
EcoCash, its agents and the RBZ are collectively the most topical subject in Zimbabwe right now. Taking a closer look at the saga which culminated in the Reserve Bank of Zimbabwe banning cashing in...
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Ban On Cash-in & Cash-out Affects OneMoney And Telecash More Than EcoCash
The world over, governments and regulators make the same big mistakes especially as regards regulating tech companies. Regulators are sometimes motivated by irrational motives like ‘institutionalised...
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Breaking: RBZ Restores Cash-in And Cash-out But With Restrictions
Here is the directive from the RBZ: The Directive (NH 01/2019) on cash-in. cash-out and cash.back facilities was issued to protect the transacting public from some mobile banking agents leveraging and...
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RBZ Left EcoCash Better Off Than They Were Before Cash-in & Cash-out Ban
So this whole week has been consumed by the EcoCash fiasco. As predicted, the central bank’s ban on cash-in and cash-out made things worse for you and I. They then turned around and reversed their...
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NetOne’s OneMoney Grows By 97% In 3 Months
Zimbabwe’s second largest mobile money platform by subscriber numbers, OneMoney has been on a growth path. The service which is operated by NetOne is gaining some good traction. In the past 3 months,...
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OneMoney To Overtake EcoCash In 2 Years. Is It Possible?
In a recent interview with Trevor Ncube, Netone’s Chief Executive Lazarus Muchenje said: We choose to compete with ourselves and to try and be world-class because we do not believe that at this stage...
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Safaricom Tried To Launch A Sasai Before Sasai And They Failed
Last year Safaricom attempted to launch a messaging application called Bonga. The premise of Bonga was that it would bank on M-PESA’s (Kenya most popular mobile money platform) reach and integrate...
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