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Cash

Mobile money transactions surpass $2 billion

24 July 2015 | 4410 Views
The value of transactions processed through mobile platforms surpassed $2 billion during the first five months of the year, highlighting the increasing number of people turning to mobile devices t...
by Staff reporter

Zimbabwe mobile money transfer under spotlight

13 July 2015 | 5553 Views
Zimbabwe has been urged to develop a progressive and competitive regulatory framework for the mobile money transfer sector.The growth of the mobile money transfer sector as evidenced by the US...
by Staff reporter

Diaspora Funeral Cash Plan set for UK Launch & Roadshow

25 June 2015 | 4231 Views
THE Diaspora Funeral Cash Plan is set for an official launch in the UK next month, organisers have said.The launch is scheduled to take from 17 to 18 July in three major UK cities....
by The Diaspora Funeral Cash Plan

EcoCash to start SA - Zimbabwe cross border remittances

12 June 2015 | 8951 Views
The South African Reserve Bank (Sarb) now allows remittances into Zimbabwe using the EcoCash mobile money platform, Econet Wireless said late Thursday afternoon.According to ...
by Staff reporter

Dingi Cash and Cal_vin start beef over phrase?

10 June 2015 | 5074 Views
The writing is on the wall, celebrity hip-hop artists from Bulawayo, Dingi Cash and Cal_vin, have clashed over a phrase. Could this birth beef? Or, it's already been birthed? Ardent followers of these...
by Mncedisi Nyathi

Econet unveils EcoCash Savings Club

07 May 2015 | 4939 Views
Mobile telecoms operator Econet Wireless has launched 'EcoCash Savings Club', a new mobile product to support savings groups across the country.According to Econet anyone registered on EcoCash...
by Staff reporter

NRZ top brass in cash scam

26 April 2015 | 4960 Views
NATIONAL Railways of Zimbabwe senior management have been accused of  converting non-monetary allowances into cash and pretending they were not getting anything at a time workers have gone for se...
by Stann Reporter

Ministry, ZBC sue Cuthbert Dube and five top managers

26 March 2015 | 1537 Views
The Ministry of Information, Media and Broadcasting Services, together with the Zimbabwe Broadcasting Corporation, have filed a lawsuit demanding $58 million from the public broadcaster's former chair...
by Staff reporter

New rules for money transfer agencies

05 March 2015 | 3018 Views
The RBZ has introduced new regulations for money transfer agencies and bureaux de change, change foreigners barred from having shareholding in the institutions. Morris Mpofu, the central b...
by Staff reporter

Man arrested for hacking EcoCash data, duping owners

23 February 2015 | 6405 Views
A Harare man who used to hack Ecocash information data before producing fictitious transactions to buy an assortment of goods from unsuspecting shop owners was yesterday dragged before Marondera ...
by Staff reporter

Bulawayo musician urges artists to work together

19 February 2015 | 4211 Views
Hiphop Guru Munyaradzi Mudyanadzo, popularly known as Dingi Cash, has dropped a sizzling Zimdancehall single titled "Thousand" in which he blasts the other artists for failing to work together to bu...
by Staff Reporter

RBZ, Potraz seek clarity on EcoCash

12 February 2015 | 4430 Views
The Competitions and Tariff Commission (CTC) has held talks with the Reserve Bank of Zimbabwe seeking clarity on Econet's mobile money business, which has been the subject of an investigation in recen...
by Staff reporter

EcoCash tariffs slashed

03 February 2015 | 3937 Views
ECONET Wireless has marginally reduced charges for sending money to registered customers via EcoCash, starting this month. However, tariffs for sending money to unregistered customers and cash out se...
by Charity Ruzvidzo

Broke MDC-T sends begging bowl

05 January 2015 | 2691 Views
THE MDC-T has once again sent around the begging bowl, clearest indication that the party is broke and is reaching out to its members to bankroll it.In an advertisement, the party is asking me...
by Staff Reporter

Religious fever as congregants get $70,000 'miracle cash'

19 December 2014 | 4174 Views
RELIGIOUS fever gripped a Victoria Falls church after congregants allegedly received more than  $70,000 of miracle money in their bank accounts and through EcoCash while others claimed they had a...
by Clement Mukwasi

EcoCash joins isiNdebele language violators league

17 December 2014 | 4909 Views
Christian Changemakers has written to EcoCash expressing disappointment and dismay at the wrong Ndebele spellings in some of their merchant boards that are usually placed in shops.A Christian ...
by Christian Changemakers Chairperson

Steward Bank launches 'branchless' banking

27 November 2014 | 5015 Views
Steward Bank, a subsidiary of Econet Wireless Zimbabwe, on Wednesday launched a new "branchless" banking model which allows its clients to access banking services through agents without visiting...
by New Ziana

Econet partners Western Union to increase EcoCash reach

06 November 2014 | 3502 Views
Money remittance company Western Union has followed in the footsteps of MoneyGram and partnered with EcoCash for diaspora remittances into Zimbabwe. Econet today announced its partnership with...
by Staff reporter

One wallet posts massive loss as Ecocash flourishes

24 October 2014 | 3381 Views
Government owned mobile phone operator NetOne generated a paltry US$1 194 in revenue from its mobile banking platform One Wallet for the year ending December 31 2012 after investing close to a qua...
by Staff reporter

AfrAsia bosses hint at $10million cash injection to ease woes

19 October 2014 | 3328 Views
AfrAsia bosses were in Zimbabwe last week and indicated that a US$10 million cash injection will be made into the lender in the short term to try and ease the problems faced by the Mauritian-based par...
by Staff Reporter

Telecel launches telecash mobile App

25 September 2014 | 3198 Views
The country's second largest mobile network by subscribers, Telecel, has announced the launch of a telecash Android application which is already available on Google's Play Store, the application makes...
by Staff reporter

Man defrauds Ecocash agents

01 September 2014 | 5456 Views
A 26-YEAR-OLD Harare man appeared before Chitungwiza magistrate Lazarus Murendo last week facing 10 counts of fraud after he allegedly deposited fake $100 notes at several Eco-cash agents' shops and f...
by Staff Reporter

TeleCash slashes mobile money fees

25 August 2014 | 3727 Views
Telecash customers can now send money for free to other registered telecash subscribers, following a revision of telecash charges that came into effect last Friday, 22 August 2014.The new tar...
by Staff reporter

EcoCash accounts for more than 60% of WorldRemit transfers to Zimbabwe in 3 months

23 August 2014 | 5613 Views
London -  More than 60% of all money transfers sent to Zimbabwe through WorldRemit are now received on EcoCash, it was revealed today.The significant landmark comes just three months ...
by Iain Mackenzie

Econet offers TeleCash employees double salary

21 August 2014 | 4555 Views
The battles between Zimbabwe`s largest mobile network operators are far from over; with a new cold war at tipping point. Econet Wireless Zimbabwe has been blamed for fishing directly in Telecel's sk...
by Tonderai Rutsito Tech Talk

Zanu-PF MP dragged into EcoCash fraud case

12 August 2014 | 2428 Views
A 27-year-old Seke villager who grabbed headlines recently after registering cellphone lines in prominent Zanu-PF politicians' names was last week back in court for registering a line in Harare South...
by Fungai Lupande

EcoCash robbers jailed

11 August 2014 | 2699 Views
Three robbers who pounced at an EcoCash shop in Chitungwiza and got away with more than $2 000 were last week jailed for one and half years.Eunice Mazuru (37), Prince Mapuvire (33) both of Gl...
by Court Reporter

Dstv Zimbabwe is giving customers a raw deal - WhatsApp update

06 August 2014 | 4564 Views
Please note that Bulawayo24 does not edit WhatsApp updates. We publish them as sent by our readers and we do not disclose the sender's telephone number....
by Concerned Citizen

Econet drives towards cashless society

30 July 2014 | 4580 Views
Econet Wireless Chief Executive Officer Douglas Mboweni has predicted that Zimbabwe will be the most "cashless" country in Africa by the end of this year.Speaking at the launch of the company'...
by Staff reporter

EcoCash launches Mobile Money Companion Debit Card in Zimbabwe

30 July 2014 | 5900 Views
Econet's Mobile Money service, EcoCash, today announced a landmark agreement with MasterCard that will significantly assist in reducing cash dependence and increase financial inclusion through the pro...
by Staff reporter

Econet deregisters Telecash agents

16 July 2014 | 3896 Views
ECONET Wireless is reported to have started deregistering its Ecocash agents who have been doubling as agents for its rival, Telecel Zimbabwe which is operating Telecash.Telecel launched its ...
by Lovemore Zigara

More insurance companies sign on with telecash

18 June 2014 | 3184 Views
Three more insurance companies -  Old Mutual,  Zimnat and Nyaradzo - have signed agreements with Telecel Zimbabwe for the payment of insurance premiums using telecash, Telecel's mobile e...
by Business Reporter

EcoCash launches remittance service with WorldRemit

11 June 2014 | 5670 Views
Zimbabwe's leading mobile money service, EcoCash, has teamed up with WorldRemit, the global online money transfer service, to offer customers instant international money transfers to EcoCash mobi...
by Staff Reporter

Bulawayo residents can now use telecash to pay City of Bulawayo bills

09 June 2014 | 2527 Views
Bulawayo residents can now use telecash to pay their City of Bulawayo bills, in the same way as Harare residents have been able to pay their municipal bills.To do so, they simply need to have ...
by Staff Reporter

$400 change into Zim dollars at Ecocash

08 June 2014 | 6227 Views
An Ecocash dealer in Masvingo was left shell-shocked when US$400 he had in his cashbox allegedly turned into billions of Zim dollars soon after a client who had cashed in US$100 had disappeared....
by Staff reporter

TelOne now accepts telecash payments

03 June 2014 | 3539 Views
It is now possible to pay telephone bills with telecash, following an agreement between Telecel Zimbabwe and TelOne, making it possible to avoid queuing to pay phone bills.Telecash subscribers...
by Business Reporter

Telecash agents and merchants keep increasing

28 May 2014 | 4526 Views
The number of telecash agents and merchants that have signed up with Telecel now stands at more than 3 000, almost double the number that had been registered when telecash was launched at the end...
by Mike Hamilton

Econet engages RBZ to restructure EcoCash levy

19 May 2014 | 5762 Views
Econet says it is in the process of engaging the Reserve Bank of Zimbabwe so that it can levy the Ecocash mobile money transfer tariff on the sender only.This will mean that the person receivi...
by Staff reporter

Steward Bank growth will come from EcoCash services

06 May 2014 | 4331 Views
Steward Bank, the wholly-owned subsidiary of Econet Wireless Zimbabwe, posted a loss of $26.3 million as the company continues restructuring away from traditional banking to focus on services related ...
by Staff reporter

Wife bashed over EcoCash transactions

09 April 2014 | 5228 Views
Godfrey Jasi allegedly bashed his wife accusing her of receiving money from her boyfriends through EcoCash facility. Patience Sandako claims that her husband assaults and accuses her of h...
by Staff reporter

Econet Wireless now offering EcoCash Save Loans

03 April 2014 | 5970 Views
Harare-Econet Wireless is now offering loans on its EcoCash Save platform. The loans have no paperwork involved (except of course what you do on initial registration as an Econet Wireless & E...
by Staff Rep[orter

Econet, association head for clash

02 April 2014 | 3626 Views
The Mobile Money Transfer Agents Association of Zimbabwe and Econet are heading for a possible clash over the latter's recent directive that each of its agent should register at least 5 new customers...
by Staff reporter

Ecocash - New Police bribe platform?

01 April 2014 | 4414 Views
Corrupt traffic police officers have reportedly devised new ways of accepting bribes in a bid to evade arrest from the crack anti-corruption team.Kombi drivers plying the Bulawayo-Beitbridge ...
by Staff reporter

Number of Telecash agents, merchants increases from 1 600 to 2 600

19 March 2014 | 3381 Views
The number of Telecash agents and merchants countrywide has increased by a thousand, from 1 600 to 2 600, since the mobile money transfer service was launched by Telecel at the end of January....
by MHPR

Zim mobile money services too expensive

17 March 2014 | 5743 Views
Zimbabwe's mobile money platforms are still too expensive owing to the refusal to share infrastructure by the mobile service providers, parliamentarians heard last week.Giving oral evidence to...
by Staff reporter

Telecash Improves Banking Services

21 February 2014 | 4945 Views
"Telecel is working energetically in its establishment of many telecash agents that enable subscribers to deposit and withdraw their money in their electronic wallets," said Telecel Mobile Money S...
by Sheilla Kuona

Prophet Makandiwa urges congregants to use EcoCash for tithes

12 February 2014 | 5787 Views
The United Family International Church (UFIC) led by Prophet Emmanuel Makandiwa is urging members to use the Econet Wireless-run Ecocash platform.Members of UFIC now use EcoCash to pay the...
by Staff reporter

Zimbabwe mobile money agents form association

11 February 2014 | 9838 Views
Agents handling mobile money transactions for Econet, Telecel Zimbabwe and NetOne in Zimbabwe have formed an association to advance their interests and lobby for inclusion in policy making....
by Staff reporter

Telecel in good working relations with banks

07 February 2014 | 2814 Views
TELECEL Zimbabwe says it has, from the outset, allowed all banks and other licensed operators to offer financial services to clients using its unstructured supplementary service data (USSD) mobile pla...
by Staff reporter

Zimbabwe mobile wars intensify

06 February 2014 | 7545 Views
THE country's second largest mobile phone operator, Telecel Zimbabwe launched its mobile money transfer service Telecash in a move that is set to raise the stakes against the hugely popular Ecocash ru...
by Business reporter

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