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Cash

One wallet posts massive loss as Ecocash flourishes

24 October 2014 | 958 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 | 1537 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 | 1631 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 | 4815 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 | 3094 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 | 3971 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 | 3646 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 | 1792 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 | 2190 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 | 3745 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 | 3716 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 | 4939 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 | 3106 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 | 2590 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 | 4432 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 | 2070 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 | 5803 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 | 2957 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 | 3877 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 | 5152 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 | 3720 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 | 4775 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 | 4998 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 | 3240 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 | 3892 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 | 2792 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 | 4919 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 | 4461 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 | 5210 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 | 8533 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 | 2428 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 | 7104 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 | 2143 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 | 5589 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 | 2120 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 | 1936 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 | 2084 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 | 4113 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 | 2588 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 | 1973 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 | 12923 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 | 4600 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 | 2801 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 | 3227 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 | 3597 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 | 3618 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 | 2305 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 | 4040 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 | 3918 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 | 2840 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

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