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Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 1 hr ago | 13 | by Staff reporter
EcoCash Holdings rebranding
EcoCash, the popular mobile money platform operated by Econet Wireless Zimbabwe Limited, will retain its name despite recent announcements about a rebranding by its former holding company.EcoC...Published: 28 May 2025 at 11:05hrs | 402 | by Staff reporter
Court officials arrested for extortion
The prosecutor at Mutasa Magistrate Court, Shephard Chavarika, along with two police officers stationed at Mutasa Police Station, Liberty Tivafukidze and Sencia Masase, have been arrested and charged ...Published: 26 May 2025 at 08:01hrs | 66 | by Staff reporter
Trio defrauds Econet US$54 800
Three airtime vendors from Mutare have appeared in court facing allegations of stealing US$54,863 through a sophisticated EcoCash airtime scam after allegedly discovering a system loophole that allowe...Published: 17 May 2025 at 12:15hrs | 177 | by Staff reporter
Fake Health Ministry officer jailed 12 yrs for nurse training scam
A woman who masterminded an elaborate scam targeting job seekers by impersonating a Ministry of Health official has been sentenced to 12 years in prison, with 10 years suspended. Patricia Muyambo Maga...Published: 05 May 2025 at 16:13hrs | 514 | by Staff reporter
Money transfer agency teller in US$4,700 and ZAR600 theft
A teller employed by Zimsend, trading as Hello Paisa, has been sentenced to community service after being convicted of stealing US$4,705 and ZAR600 from her employer.Christwish Machamacha (47)...Published: 28 Apr 2025 at 12:04hrs | 32 | by Staff reporter
Steward Bank to be renamed TN Cybertech Bank
A formal notice has been issued for the intended name change of one of Zimbabwe’s most prominent financial institutions. In accordance with the Companies and Other Business Entities Act [Chapter 24:...Published: 13 Apr 2025 at 15:42hrs | 4113 | by Staff reporter
Maid cries foul after son's exam fees vanishes
The soft swish of a mop echoes through a spacious Waterfalls home in Harare, each stroke a part of Sharon Nyemba's daily rhythm. At 45, Nyemba is a domestic worker and single mother whose calloused ha...Published: 12 Apr 2025 at 15:39hrs | 1746 | by Staff reporter
NetOne expands OneMoney to boost rural financial inclusion
One of Zimbabwe's largest mobile network providers, NetOne, is ramping up its financial inclusion efforts by expanding its OneMoney agent network and increasing remittance partnerships in rural areas....Published: 02 Apr 2025 at 15:51hrs | 559 | by Staff reporter
Mukuru: Born on a Chimanimani mountain, and now a billion-dollar fintech business
Mukuru was first envisioned by two Zimbabwean entrepreneurs while mountain climbing in Chimanimani in Eastern Zimbabwe. The company later began operations in a bedroom in Cambridge, England in 2004, b...Published: 25 Mar 2025 at 11:55hrs | 3088 | by Staff reporter
EcoCash launches 'Spend and Win' promotion with Mastercard
EcoCash, Zimbabwe's leading mobile money platform, has launched a new promotion offering customers the chance to win a variety of prizes, including an all-expenses-paid holiday for two to Zanzibar. Th...Published: 11 Mar 2025 at 12:32hrs | 175 | by Staff reporter
Leadership changes sweep through Zim's corporate landscape
A wave of leadership changes has swept through several listed companies in recent weeks, marking a significant shift in the corporate landscape. Notable companies such as OK Zimbabwe, Econet Wireless,...Published: 11 Mar 2025 at 11:30hrs | 638 | by Tonderai Ndoro
Cashier in court for diverting funeral policy funds
A 21-year-old man from Kandava Village under Chief Seke has appeared before the court for allegedly misappropriating funeral policy funds amounting to US$22,385 for personal use.Cuthbert Munya...Published: 07 Mar 2025 at 06:53hrs | 161 | by Staff reporter
Econet dismisses fake social media post on VPN deductions
Econet Wireless Zimbabwe has dismissed as fake a widely circulated social media post claiming that the company will deduct funds from EcoCash wallets of customers who have used virtual private network...Published: 25 Feb 2025 at 13:05hrs | 298 | by Staff reporter
EcoCash Holdings to rebrand
EcoCash Holdings Limited has announced plans to rebrand following a corporate restructuring that has left Steward Bank as its only remaining unit. This follows the takeover of the company by businessm...Published: 21 Feb 2025 at 11:12hrs | 660 | by Staff reporter
Businessman loses US$8,000 to bogus VID officer
A businessman in Zhombe has been defrauded of US$8,000 by a fake Vehicle Inspection Department (VID) officer who falsely claimed to be in charge of disposing vehicles forfeited to the State.Mi...Published: 18 Feb 2025 at 14:26hrs | 1203 | by Staff reporter
Changes at Steward Bank as Nyambirai makes a comeback
EcoCash Holdings has announced changes to its board following businessman Tawanda Nyambirai's recent acquisition of a controlling stake in the company.The development comes after a major restr...Published: 15 Feb 2025 at 07:59hrs | 1734 | by Staff reporter
inDrive taxi driver kidnaps client in Zimbabwe
A 33-year-old taxi driver from Harare, Talent Mhembere, has been convicted of kidnapping a woman following a payment disagreement. The ruling was delivered by Harare magistrate Lisa Mutendereki, who f...Published: 12 Feb 2025 at 11:33hrs | 359 | by Staff reporter
EcoCash agent remanded in custody over US$5,500 fraud case
An EcoCash agent based in Harare was remanded in custody last week after being arrested on allegations of defrauding her employer of US$5,500.Lully Mataya, a resident of Hatcliffe, appeared be...Published: 20 Jan 2025 at 10:08hrs | 124 | by Staff reporter
4 suspects arrested over Mukuru Booth robberies
Four more suspects have been arrested in connection with a series of armed robberies targeting Mukuru money transfer booths across Harare and nearby areas.The suspects, Joseph Bilson Makoni (3...Published: 15 Jan 2025 at 05:47hrs | 976 | by Staff reporter
Zanu-PF director defrauded prospective nursing course applicant of US$530
Stanford Chigumira, the ZANU-PF director of health services, appeared before Harare Magistrate Marewanazvo Gofa on charges of defrauding a parent seeking a nursing position for her son. The complainan...Published: 22 Dec 2024 at 10:42hrs | 177 | by Staff reporter
EcoCash apologizes for recent service disruptions
EcoCash, Zimbabwe's leading mobile money platform, has addressed recent technical challenges that disrupted services, leaving many users unable to transact smoothly.In a statement, EcoCash ack...Published: 21 Dec 2024 at 15:49hrs | 1496 | by Staff reporter
Zimbabwe Prisons warns trainee hopefuls over recruitment scammers
Aspiring job seekers have fallen victim to a new wave of scams involving fraudsters impersonating recruitment officers from the Zimbabwe Prisons and Correctional Services (ZPCS). The con artists have ...Published: 08 Dec 2024 at 09:51hrs | 56 | by Staff reporter
Gukurahundi cover-up editor urgently needs medical help
Geoffrey (Geoff) Nyarota is in critical health and urgently requires medical treatment for a trio of serious conditions: cancer, heart disease, and kidney failure. Nyarota, who has a long career in jo...Published: 06 Dec 2024 at 15:54hrs | 744 | by Staff reporter
Ecocash fraudster, accomplice convicted
Luck ran out for two Masvingo men who were in the habit of defrauding local shopkeepers by creating fake EcoCash payment messages, leading to their conviction on fraud charges at the Masvingo Magistra...Published: 06 Dec 2024 at 13:22hrs | 1866 | by Staff reporter
New arrest in case of newborn baby sold for US$180
A further arrest has been made in connection with the shocking case where a newborn baby was sold for US$180. Jestina Mashamba (45), a midwife at Sally Mugabe Maternity Hospital, appeared before Harar...Published: 04 Dec 2024 at 06:56hrs | 647 | by Staff reporter
Mother, daughter sells new-born baby for US$180
A 16-year-old girl from Murehwa and her 47-year-old mother, Evelyn Zisengwe, have appeared in court alongside 34-year-old Dion Tore, accused of trafficking a newborn child in violation of Zimbabwe's T...Published: 26 Nov 2024 at 17:05hrs | 248 | by Staff reporter
Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 21 Nov 2024 at 06:35hrs | 1937 | by Staff reporter
EcoCash Holdings posts strong profit growth in half-year results
EcoCash Holdings Zimbabwe Limited has posted impressive results for the half-year ending August 31, 2024, highlighting the resilience of its business model and the effectiveness of its strategic initi...Published: 21 Nov 2024 at 06:21hrs | 33 | by Staff reporter
Council approaches Supreme Court over US$2 fraud case
The Chikomba Rural District Council (RDC) is making a renewed effort to appeal to the Supreme Court following two unsuccessful attempts to challenge a Labour Court judgment that cleared its former emp...Published: 12 Oct 2024 at 11:20hrs | 257 | by Staff reporter
4 Cameroonians in court for falsifying Zimbabwean passports
Four Cameroonian nationals appeared in court on Saturday facing charges of falsifying information to obtain Zimbabwean birth certificates and passports. The accused - Duma Ebako Christiana Boyombe (39...Published: 01 Oct 2024 at 09:03hrs | 422 | by Staff reporter
Man convicted for murder on 2 lovers and stealing their cars
A Shurugwi man has been convicted following trial on two murder incidents in 2021 in which he fatally attacked his girlfriends and stole their vehicles.Emmanuel Mahembe, aged 37 at the time of...Published: 26 Sep 2024 at 10:13hrs | 240 | by Staff reporter
3 suspected hackers granted bail
Three suspected hackers from Bulawayo, accused of attempting to defraud Real Star Security Company of US$190,000, have been granted bail of US$100 each. The suspects - Gladstone Mthulisi Tsha...Published: 20 Sep 2024 at 07:47hrs | 153 | by Staff reporter
3 men in court for trying to steal US$190,000
Three men from Bulawayo have found themselves in legal trouble after allegedly attempting to gain unauthorized control over a bank account belonging to the security company Real Star. The accused - Gl...Published: 17 Sep 2024 at 06:48hrs | 878 | by Staff reporter
What Zimbabweans need to know about Starlink, and how to order
GREAT news for internet users across Zimbabwe - Starlink has officially launched nationwide services as of September 7, 2024.After months of anticipation and a slight delay, Zimbabweans can no...Published: 07 Sep 2024 at 16:08hrs | 3029 | by Staff reporter
Woman kills husband over salary
Police in Mashonaland East have arrested Memory Choga (41) from Jeche Primary School in Sadza, following the death of her husband, Douglas Choga (45), a teacher at the same school. The arrest came aft...Published: 24 Jul 2024 at 12:03hrs | 3148 | by Staff reporter
Econet commissions over 30 sites for network expansion
Econet Wireless Zimbabwe Limited has commissioned over 30 new sites across Zimbabwe in its first quarter ending May 31, 2024, as part of its network modernization program. This initiative aims to enha...Published: 16 Jul 2024 at 06:58hrs | 152 | by Staff reporter
EcoCash to invest in banking technologies
EcoCash Holdings Zimbabwe Limited (EcoCash) plans to invest in technologies to expand its banking unit, Steward Bank, after transferring its fintech firms to Econet Wireless Zimbabwe. This move was ap...Published: 02 Jul 2024 at 11:16hrs | 10 | by Staff reporter
NetOne loses ZiG285 000 to hacker
NetOne Cellular allegedly lost ZiG285,817 to a suspected hacker who exploited the RTGS to ZiG currency conversion from April this year. Takunda Gwaranda (21) appeared before Harare magistrate Mr. Denn...Published: 28 Jun 2024 at 07:39hrs | 14 | by Staff reporter
EcoCash launches new mobile App
EcoCash, Zimbabwe's leading mobile money platform, has unveiled a brand-new mobile app in Harare today, June 13, 2024, featuring enhanced security and a more user-friendly interface packed with additi...Published: 15 Jun 2024 at 11:04hrs | 24 | by Staff reporter
Hackers fleece NetOne during transition to ZiG
Two men from Kambuzuma, Harare, Martin Learnmore Gona (31) and Uwen Gonyora (34), were reported by NetOne (Pvt) Limited for allegedly hacking into its system and stealing over ZiG1 million last month ...Published: 13 Jun 2024 at 07:03hrs | 11 | by Staff reporter
Dupute Warriors need you
The South African-based Rhumba group Dupute Warriors will be releasing a single on Friday 7th of June 2024 mainly to raise fund for its upcoming album.With eight albums to their name, Dupute W...Published: 04 Jun 2024 at 14:23hrs | 22 | by Staff reporter
Chinese national forced to pay US$5,000 for dating Zimbabwean girl
A daring Bikita Policewoman and her accomplice squeezed US$5,030 from a Chinese national whom they told that it was illegal to date a local girl, according to a case by the State.Chinese natio...Published: 25 May 2024 at 13:04hrs | 24 | by Staff reporter
Econet launches mobile phone insurance
Econet Insurance, a leader in innovative short-term insurance solutions, has launched a new package covering mobile phone damage. Named Moovah Mobile Phone Insurance, the package was developed in resp...Published: 18 May 2024 at 11:00hrs | 12 | by Staff reporter
Govt blitz as traders dump Zimdollar
THE Consumer Protection Commission together with the police and the Financial Intelligence Unit has launched a blitz on businesses refusing to accept the Zimdollar following the launch of a new curren...Published: 09 Apr 2024 at 06:22hrs | 1 | by Staff reporter
Foreign currency dealers ditch trading spots
MOST illegal money changers popularly known as "Osiphatheleni" have abandoned their traditional trading spots in Bulawayo following the launch by the Government of the new gold-backed currency, the Zi...Published: 09 Apr 2024 at 06:20hrs | 4 | by Staff reporter
Zimswitch, EcoCash roll out new currency
FOLLOWING the unveiling of the new currency last Friday, the country's sole national payments platform and clearing house, Zimswitch, yesterday announced that it had completed the rollout of the ZiG p...Published: 09 Apr 2024 at 06:18hrs | 2 | by Staff reporter
Econet announces preps for changeover from Zimdollar to ZiG
Econet Wireless Zimbabwe has announced that it has suspended trading in the ZWL currency as it works to configure the changeover from ZWL to the new ZiG currency on its various product platforms. ...Published: 07 Apr 2024 at 10:08hrs | 2 | by Staff reporter
EcoCash suspends ZWL transaction
EcoCash, Zimbabwe's dominant mobile money group, has suspended ZWL transactions on its platform.EcoCash advised its clients through a customer note posted on social media.Said EcoCash, "Du...Published: 06 Apr 2024 at 08:31hrs | 2 | by Staff reporter
Econet network challenges persist
The technical difficulties plaguing Econet Wireless Zimbabwe (EWZ), the country's leading mobile telecommunications, media, and technology company, persisted into the third day on Friday, causing conc...Published: 09 Mar 2024 at 10:57hrs | 11 | by Staff reporter
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