Econet accuses CABS, ZimSwitch & Kevin Terry of trying to frustrate EcoCash
Press releases are usually filled with exaggerated self-praise and sometimes some subdued remarks subtly attacking the competition. Not with today’s press release from Econet Wireless which we posted...
View ArticleEconet appoints SA Banker as new TN Bank CEO
We just received a statement from Econet announcing the appointment of South Africa banker, Kwanele Ngwenya, as CEO of it's newly acquired financial institution, TN Bank. Ngwenya was Director of...
View ArticlePress Release: Telecel offers contract packages with bonus benefits
Telecel has introduced a new fixed payment platform and is offering existing and potential customers new attractive fixed payment contract packages that allow unlimited local calls and bonus text...
View ArticleEconet hires BankservAfrica boss for new EcoCash CEO position
Just a week after announcing the hire of former FNB executive to head its newly acquired bank, Econet disclosed today (somewhat inadvertently) the hire of another banker, Cuthbert Tembedza, to fill a...
View ArticleEconet on EcoCash open access: “Hey banks, here’s the deal…”
Yesterday, Econet made an announcement via a release to assure the market that issues (these, issues) have been resolved with “virtually all banks” and that if everything works according to plan, all...
View ArticleAgribank CEO, Sam Malaba, encourages banks to integrate with EcoCash
Agribank has become the latest Zimbabwean bank to integrate with the EcoCash mobile money transfer system. The announcement was made today at a press conference jointly held by the bank and Econet...
View ArticleEconet reviews EcoCash mobile money transfer tariffs
Econet has announced through adverts in the press the 'reduction' of tariffs of its mobile money transfer service, EcoCash. The move follows a directive from the Reserve Bank of Zimbabwe (RBZ) and...
View ArticleEconet explains why the new EcoCash tariffs are cheaper overall
When we first posted the announcement of the EcoCash Tariff review by Econet a few days ago, we noted that small amounts, that is most value ranges below $50, had actually become more expensive, while...
View ArticleEconet introduces EcoCash Debit Card, a mobile phone to POS payment solution
Earlier in the day we learnt and posted that Econet would launching a mobile phone to POS payment solution tonight. We're just from the event, and most of the information we had is what was announced...
View ArticlePress Release: Econet launches virtual debit card
Zimbabwe’s largest mobile phone company, Econet Wireless, has unveiled an innovative functionality on its mobile money service EcoCash which allows a cell phone to also operate as a virtual debit card.
View ArticleNew Econet Services company a response to plateaued telecoms business
In October last year, it emerged that the Econet Wireless Group had formed a new company to drive the EcoCash mobile money service. Econet Services. The new company wasn’t “launched” or “announced”...
View ArticleMukuru launches mobile prepaid debit card in South Africa
Mukuru.com has just announced the launch of a new cellphone based debit card in South Africa. It something like mobile banking services locally, except this is optimised for existing Mukuru services in...
View ArticleBitcoin, a currency and payments opportunity for Zimbabweans?
The money system is broken, and no one knows that better than the Zimbabwean who watched helplessly as institutions – government, politicians, bankers – they trusted to look after the value of their...
View ArticleOf banks, EcoCash, mobile money agents, platforms and great customer care
Recently I had to change banks because the one I was banking with is apparently going under. And Their customer care service is at its worst but that’s not the issue; I was essentially I was told by...
View ArticleEcoCash integrates to DSTV for pay TV subscription via mobile money
If you thought being able to pay for your DStv at a supermarket till point was convenient (it was, we tried it), this is just going to be awesome. It's one development we know most middle income...
View ArticleZim government approves tax increase for telecoms &“mobile banking” to fund...
A report in the state owned Herald newspaper today says that government has approved an increase in taxes for ‘mobile network charges’ and ‘mobile banking charges’ apparently to fund an upcoming...
View ArticleEconet Wireless Zimbabwe full year profits down by 16%
Today, Econet Wireless Zimbabwe, the company that has the lion's share of the mobile telephony & broadband business in Zimbabwe, announced at a press briefing their annual financial results the...
View ArticleNew Zim and US eCommerce site, KhayaShopping, launches
Without any widely adopted internet payments platform, despite the existence of Vpayments, and some EcoCash internet payment trials, eCommerce in Zimbabwe is struggling to take off. But there are...
View ArticleGuide to online shopping in Zimbabwe: the introduction
Ever since the introduction of the multiple currency system in Zimbabwe, online shopping has become somewhat simpler. Hitherto problems like obtaining an internationally accepted Visa/ MasterCard,...
View ArticleEcoCash DStv payment: The problems and Econet’s response
About a month ago, Econet introduced a new ultra-convenient way to pay for DStv subscriptions. A few days later, we tried it ourselves and it worked as promised; seamless!
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