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Cash

Ministry, ZBC sue Cuthbert Dube and five top managers

26 March 2015 | 1042 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 | 2725 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 | 6041 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 | 3332 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 | 4171 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 | 3519 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 | 2429 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 | 3830 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 | 4655 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 | 4769 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 | 3118 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 | 3139 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 | 2492 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 | 2728 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 | 5247 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 | 3473 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 | 5040 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 | 4133 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 | 2142 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 | 2465 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 | 4274 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 | 4216 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 | 5582 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 | 3490 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 | 2931 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 | 5098 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 | 2317 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 | 6048 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 | 3287 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 | 4229 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 | 5497 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 | 4044 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 | 5017 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 | 5531 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 | 3428 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 | 4158 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 | 3127 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 | 5338 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 | 4755 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 | 5558 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 | 9287 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 | 2675 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 | 7349 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 | 2534 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 | 5914 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 | 2335 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 | 2285 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 | 2349 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 | 4978 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 | 2908 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

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