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Cash

Cash crunch hits Zimbabwe banks

22 January 2016 | 5296 Views
A biting cash shortage has forced banks to lower their daily automated teller machine (ATM) withdrawal limits from $3,000 to $800. A snap survey conducted, revealed that some locally owned...
by Staff reporter

Gwanda businessman swindled $150 in fake notes Eco-cash cash in

12 January 2016 | 3563 Views
A Gwanda Businessman identified as Siziba has been swindled of $150  through a fake fifty dollar notes cash in in which the money was discovered as fake when he wanted to use it to order some goo...
by Stephen Jakes

Mugabe's govt in cash crisis

27 December 2015 | 5365 Views
HARARE - The festive season has become a ginormous nightmare for the majority of civil servants as President Robert Mugabe's stone-broke administration is failing to pay them not just their promised e...
by Staff Reporter

Econet launches EcoCash Ta!

11 December 2015 | 2998 Views
Econet Wireless is not letting up on innovation, announcing yesterday it has launched a tap and go payment system called EcoCash Ta!The mobile network operator said that the service will enabl...
by Business Reporter

Mobile money: the next global communications platform

17 November 2015 | 1411 Views
Mobile money is on a journey.What started as a simple way of paying people using a phone is on the cusp of becoming the next global communications platform. Not just a means of buying goods an...
by Alix Murphy, Senior Mobile Analyst, WorldRemit

Telecash subscribers to receive money instantly and directly from diaspora

10 November 2015 | 3092 Views
Telecel Zimbabwe has announced that it has been granted authority by RBZ to receive incoming international remittances directly into subscribers' Telecash wallets and will be working with Mukuru to im...
by Staff Reporter

WANTED: EcoCash Agents for South Africa

27 October 2015 | 6245 Views
Do you know people in South Africa who are looking to make good money? Here's their chance.For more information call: - 062 468 3601  - 062 449 2413  - 062 453 5186 ...
by Staff Reporter

MoneyGram in partnership with Standard Bank launchies Direct Send to Ecocash

23 October 2015 | 3218 Views
Johannesburg - Today the International money transfer brand MoneyGram together with partners Standard Bank launched the Direct Send to Ecocash in Zimbabwe product giving Zimbabweans in South Africa, t...
by Zanele Ndlovu

MoneyGram announces collaboration with Econet

21 October 2015 | 4134 Views
Zimbabweans now have 24/7 access to remittances on the EcoCash network MoneyGram a global provider of innovative money transfer services, and Econet W...
by APO

EcoCash is now available in South Africa

15 October 2015 | 6009 Views
Zimbabweans in South Africa can now send money home to Zimbabwe the EcoCash way. According to an EcoCash website, there has never been a remittance service like this. Econet Wireless South Afr...
by Ndou Paul

EcoCash fraudster nabbed

13 October 2015 | 3737 Views
A man from Hillside in Bulawayo is in trouble after he allegedly forged the identity particulars and coped the mobile numbers of the a an EcoCash agent client before withdrawing the money the client h...
by Stephen Jakes

Trio up for national identity particulars fraud

08 October 2015 | 3507 Views
Three man from Bulawayo suburbs are in trouble after they allegedly scanned, edited and printed  a fake  Zimbabwean National Identity card  to bear one of their names.This was h...
by Stephen Jakes

Dingi Cash on a Surprise Collaboration with Stunner

21 September 2015 | 2850 Views
Bulawayo's hip-hop sensation, Dingi Cash, has partnered with Stunner on a promising hip hop single. Mncedisi Nyathi (MN) met up with Dingi Cash (DC) and discussed about this bombshell collaboration. ...
by Mncedisi Nyathi

Ecocash launches South Africa cross border remittance

17 September 2015 | 6207 Views
Zimbabwe's largest telecommunications firm, Econet Wireless will launch direct EcoCash Remittance from South Africa in the beginning of October after it received all the necessary approvals from t...
by Staff reporter

Mobile money transactions surpass $2 billion

24 July 2015 | 4888 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 | 5847 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 | 4526 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 | 9283 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 | 5730 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 | 5033 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 | 5062 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 | 1664 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 | 3115 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 | 6255 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 | 3847 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 | 4396 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 | 3855 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 | 2733 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 | 3743 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 | 4700 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 | 4472 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 | 3102 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 | 3017 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 | 2968 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 | 2063 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 | 5011 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 | 3220 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 | 4435 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 | 3911 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 | 1965 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 | 2347 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 | 3945 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 | 3967 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 | 5116 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 | 3371 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 | 2740 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 | 5062 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 | 2201 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 | 137 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 | 3149 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

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