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Cash

Econet deregisters Telecash agents

16 July 2014 | 2587 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 | 2154 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 | 3956 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 | 1623 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 | 5456 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 | 2514 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 | 3386 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 | 4856 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 | 3381 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 | 4582 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 | 4663 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 | 2977 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 | 3557 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 | 2504 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 | 4708 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 | 4133 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 | 4827 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 | 7899 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 | 2257 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 | 6869 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

EcoCash registers over 3.5 million subscribers

04 February 2014 | 1794 Views
ZIMBABWE'S largest mobile phone operator by subscription Econet Wireless has registered over 3,5 million subscribers on its EcoCash mobile money platform, a company executive has said.He said ...
by Staff reporter

Employers turn to EcoCash Payroll

03 February 2014 | 5144 Views
The number of companies using EcoCash to pay their workers has risen dramatically because of the liquidity problems facing some banks.Econet executives responsible for EcoCash said they had se...
by Staff reporter

Minister Shamu praises Telecel for its competitiveness

31 January 2014 | 1964 Views
Zimbabwe can be proud of the speed with which mobile telecommunications have grown within the country and of its high mobile phone usage penetration rate, Information Communication Technology, Postal...
by Mike Hamilton

Telecel targets 60% subscribers on Telecash

30 January 2014 | 1716 Views
TELECEL Zimbabwe is set to register over 60% of its subscribers on Telecash mobile money platform in the first six months of this year, a company official has said.Telecash is direct competit...
by Business reporter

Telecash to offer an affordable and easy to use facility

30 January 2014 | 1811 Views
TELECASH, Telecel mobile financial services, is expected to offer customers an affordable and easy to use mobile banking facility that could change the face of banking in Zimbabwe.Econet's Eco...
by Staff reporter

Telecel launches telecash, its mobile money service

29 January 2014 | 3768 Views
Telecel today launched its electronic wallet service, telecash, which allows mobile phones to be used to send money to anyone with a mobile phone, regardless of network, and pay for groceries, bills...
by Chengetai Chinembiri

Telecel, ZimSwitch in mobile money service partnership

29 January 2014 | 2182 Views
ZIMBABWE banking institutions currently on the ZimSwitch platform have partnered Zimbabwe's second largest mobile phone operator, Telecel, in launching a mobile money service as Zimbabwe pushes for m...
by Business reporter

Econet transacts $200m monthly through EcoCash

27 January 2014 | 1702 Views
ECONET Wireless Zimbabwe says more than $200 million is being transacted per month through the telecommunication's mobile money transfer platform, EcoCash, resulting in the transformation of the count...
by Chronicle

Strive Masiwa wants to turn Zimbabwe into a cashless economy

23 January 2014 | 12241 Views
FORTUNE - Zimbabwean telecom tycoon (and the country's only billionaire) Strive Masiyiwa has been called a "global business influential," a "face of New Africa," and the "Bill Gates of Africa." He con...
by CNN

Econet opens up EcoCash to banks

16 January 2014 | 4318 Views
Econet Wireless has opened up full Unstructured Supplementary Service Data (USSD) functionality for ZimSwitch mobile money transfer service, TechZim reported.According to TechZim, in the comin...
by Staff reporter

'EcoCash services should be opened to banks'

15 January 2014 | 2411 Views
The Reserve Bank of Zimbabwe must address the issue of mobile money services in the Monetary Policy Statement to be presented this month so that banks can easily access mobile networks platforms....
by Rumbidzayi Zinyuke

Steward Bank's ZimSwitch application hits a snag

19 December 2013 | 3023 Views
THE ugly fight between banks and Econet Zimbabwe, the country's largest telecoms company, has sucked in its subsidiary Steward Bank, amid revelations other banks have refused the bank entry onto the p...
by Staff reporter

Dingi Cash releases yet another brilliant Music Video

18 December 2013 | 3200 Views
DINGI-CASH, one of Bulawayo's finest Hip-hop Artists, is currently working on a new Album titled 'G - Wabalanda' taken from the word Gwabalanda, one of Bulawayo's vibrant high density suburbs. ...
by Arts reporter

Supermarket cashier steals $14 000 from employer

16 December 2013 | 3283 Views
A Bulawayo supermarket cashier who allegedly stole more than $14 000 and R150 000 from her employer has been locked up in remand prison pending trial.Gabriella Gladys Vosta (36) of Kirll...
by Staff Reporter

EcoCash agent robbed of $500

12 December 2013 | 2046 Views
AN armed robber raided an Eco-cash agent shop at Chadcombe Shopping Centre in Harare on Tuesday morning and got away with $500 cash. Harare provincial police spokesperson Inspector Tadius Chib...
by Crime Reporter

Econet unveils EcoCash Payroll

12 December 2013 | 3747 Views
ECONET Wireless continues to sweat its mobile phone network infrastructure to spread tentacles deeper into the provision of banking services by rolling out a number of cellular-based products. ...
by Business Reporter

Latest on Fawcett cash robbery, $125 000 was stolen

03 December 2013 | 3692 Views
AT least $125 000 was stolen in the Eastern Highlands plantation heist that took place on Saturday where robbers pounced on Fawcett Security company vehicle carrying cash meant for plantation worker...
by Staff reporter

'Liquidity crisis is a figment of local media imagination'

03 December 2013 | 2604 Views
The Bankers Association of Zimbabwe says reports that a whopping $700 million left the domestic banking sector to perceived safer offshore havens soon after the harmonised elections held on July 31, w...
by Business Reporter

$400,000 vanish in movie-style heist

01 December 2013 | 4084 Views
A four-man gang of robbers got away with plantation workers' salaries understood to be around $400 000 after stage-managing an accident with a cash-in-transit security truck before raiding the ...
by Staff reporter

$100 maximum withdrawal from Metropolitan Bank

01 December 2013 | 3930 Views
Metropolitan Bank customers said the bank has sent them text messages informing them that they could withdraw money from any Zimswitch point of sale to a maximum of $100 a day.Metropolitan Ban...
by Staff reporter

Gloomy festive season looms as banks run out of cash

01 December 2013 | 1514 Views
A gloomy festive season is beckoning for many workers as some banks in the city are reportedly running out of cash with depositors being told to wait for fresh deposits and return at a later date....
by Staff reporter

Bulawayo - Get to know your artists: Who is Dingi Cash?

28 November 2013 | 3410 Views
DINGI CASH is one of Bulawayo's finest Hiphop Artists, who is fully devoted to hiphop and company branding. In an interview the young artist said as a Co-Owner, Founder and Director at Masemi...
by Staff Reporter

Bank cash withdrawal queues disappear

28 November 2013 | 2974 Views
NORMALCY had returned at most banks in Harare yesterday with people withdrawing their cash without hiccups.A snap survey yesterday afternoon showed that people were withdrawing their money wit...
by Staff reporter

EcoCash to start lending money

25 November 2013 | 2884 Views
EcoCashSave account holders will soon be able to also borrow money, just like ordinary bank account holders. This is part of what will be called EcoCashCredit that Econet is planning to roll out earl...
by Staff reporter

Zim banks running out of cash

13 November 2013 | 6885 Views
Zimbabwean banks have been hit by a liquidity crisis following the July 31 polls resulting in the public failing to withdraw money in various financial institutions.Several Harare residents ...
by Staff reporter

How EcoCash is altering Zimbabwe's financial landscape

06 November 2013 | 4250 Views
This case study demonstrates how a mobile money operator can scale its service quickly when there is a favorable confluence of market need and effective operational execution to build strong foundati...
by Phil Levin

EcocashSave is illegal, says former RBZ top official

03 November 2013 | 3978 Views
Bikita West MP Munyaradzi Kereke has charged that EcocashSave was illegal and violated the country's constitution and banking laws.Kereke distributed a document: Advisory Memorandum to Econet ...
by Staff reporter

Leaked: Telecel to launch TeleCash soon to rival EcoCash

01 November 2013 | 3473 Views
TELECEL, Zimbabwe's second largest telecoms company, is expected to launch its new mobile money service in a week's time.Insiders refused to share any information with us because, "the Reser...
by Staff reporter

'New services begin to drive Econet growth,' says Mboweni

29 October 2013 | 2328 Views
New services such as EcoCash, broadband, and EcoFarmer have begun to drive Econet Wireless Zimbabwe’s growth as its traditional voice revenues are maturing.Speaking at the p...
by Staff Reporter

Zimpost launches new money transfer service

22 October 2013 | 2659 Views
Zimpost on Monday launched a new money transfer service, Zipcash that allows Zimbabweans to send money locally and internationally using an electronic platform.Speaking at the official launch,...
by Staff reporter

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