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Cash

Cash crisis erode public confidence in the banking sector

03 May 2016 | 1287 Views
THE crippling cash crisis has potential of eroding public confidence in the banking system, MMC Capital has said.In the past two months clients have been restricted to withdrawing $200 daily....
by Staff Reporter

Cash crisis: Schools must bear with parents

29 April 2016 | 2914 Views
The cash shortages currently bedevilling the country has sent us into panic.  For those who were around in 2008-2009 can testify the horrible experience we went through. It is an experien...
by Rufaro Mufundirwa in Harare

Cash shortages persist in Zimbabwe

29 April 2016 | 4530 Views
Zimbabwe has been experiencing cash shortages for over a month and the central bank now hopes proceeds from tobacco will help ease the cash crunch, state media reported on Thursday.The latest ...
by Staff Reporter

Cash crisis still critical

28 April 2016 | 3062 Views
THE cash supply situation remained critical in the country yesterday with workers failing to withdraw their salaries.This comes as parents and guardians also prepare for children to go back to...
by Nyemudzai Kakore

Byo rap ace Dingi Cash drops 'charming' video

27 April 2016 | 2368 Views
BULAWAYO HIP HOP GURU, DINGI CASH has released a definitely outstanding video Perfect Date. In his write up he said in 2015 he did an experimental trip around Zimdancehall working with th...
by Stephen Jakes

'Cash crunch is a temporary affair'

24 April 2016 | 2452 Views
Cash shortages in parts of Zimbabwe are temporary as strategies being implemented by authorities will ease the situation soon, Finance and Economic Development Minister Patrick Chinamasa has said....
by Kuda Bwititi

Millions imported to ease cash crunch

17 April 2016 | 3265 Views
Zimbabwe will soon get US$200 million from Africa Export-Import Bank to ease cash shortages that beset some towns and cities over the weeks.Sunda Mail reported that the money will be released ...
by Livingstone Marufu

Cash shortages, a slight glitch

22 March 2016 | 3124 Views
Recent utterances by MDC-T spokesperson, Obert Gutu on cash flow challenges that the country is temporarily encountering should not be tolerated as the statement is meant to incite fear and chaos amon...
by Peacemaker Zano

Traffic cops up for extortion

18 March 2016 | 1623 Views
Three Zimbabwe Republic Police (ZRP) officers allegedly extorted money from motorists during an operation that was meant to clear illegal transport operators.Innocent Nduna, 30, Prosper Takawi...
by Staff reporter

Zimbabwe is facing a cash crisis

18 March 2016 | 4281 Views
The MDC-T is deeply concerned with the debilitating cash crisis that is slowly but surely developing in the country. The main topic of discussion among businesspeople these days is the rapidly evolvin...
by Obert Gutu

Cashier jailed 24 months for fraud

24 February 2016 | 2415 Views
A cashier with Kenny Consultant International Management Consultants (KCI) of Nharira in Chikomba who forged different people's signatures and collected loans from the company that she worked for has ...
by Steaff Reporter

NGO accused of dishing money to villagers through eco-cash

13 February 2016 | 2525 Views
A non-governmental organisation (NGO), Care International has come under fire for allegedly abusing the food assistance programmes by dishing money to villagers through eco-cash instead of distributin...
by Staff Reporter

Cash crunch hits Zimbabwe banks

22 January 2016 | 5704 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 | 3782 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 | 5509 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 | 3131 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 | 1558 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 | 3137 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 | 6814 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 | 3379 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 | 4288 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 | 6125 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 | 3839 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 | 3584 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 | 2969 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 | 6248 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 | 4978 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 | 6014 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 | 4756 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 | 9487 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 | 6167 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 | 5194 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 | 4757 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 | 1778 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 | 3220 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 | 6415 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 | 4156 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 | 4535 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 | 4048 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 | 2919 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 | 3850 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 | 4925 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 | 4599 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 | 3264 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 | 3132 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 | 2151 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 | 2305 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 | 5153 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 | 3304 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 | 4681 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

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