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Rogue traffic enforcers undermining business in Zimbabwe
FORMERLY known as an opulent suburb, Harare's Borrowdale area is gradually transforming into a commercial hub, not only for the city but the entire Zimbabwe.With its peace and flamboyance, Bor...Published: 23 Jul 2023 at 08:34hrs | | by Staff reporter
Mnangagwa appoints ZIDA executive team
PRESIDENT Emmerson Mnangagwa has appointed a new Zimbabwe Investment Development Agency (ZIDA) top management executive team charged with the responsibility to attract meaningful investments into the ...Published: 07 Oct 2022 at 06:02hrs | 4 | by Staff reporter
Masiyiwa surpasses Patrice Motsepe to become the richest black man in Southern Africa
Strive Masiyiwa is now the richest black man in Southern Africa, with a net worth surpassing $4.4 billion – dethroning Patrice Motsepe from the position, according to one count.Masiyiwa's ne...Published: 30 Apr 2022 at 16:14hrs | | by Staff reporter
VAYA delays commission payments
VAYA Mobility, the taxi and shuttle service provider, is struggling to pay contractors their December commission due to cashflow problems. The company issued a statement on Sunday to contracto...Published: 18 Jan 2022 at 05:30hrs | | by Staff reporter
Cassava name change get ZSE nod
Zimbabwe Stock Exchange (ZSE)-listed tech-group Cassava Smartech has been given the nod by the ZSE to change its name to EcoCash Holdings Limited.ZSE has, according to a circular on the propos...Published: 23 Dec 2021 at 05:41hrs | 6 | by Staff reporter
EcoCash shrugs headwinds
EcoCash Holdings Zimbabwe Limited, formerly Cassava Smartech Zimbabwe Limited, reported solid operating results for the year ended February 28, 2021, despite strong economic headwinds.EcoCash ...Published: 20 Oct 2021 at 07:39hrs | 1 | by Staff reporter
EcoCash shrugs headwinds to posts solid results
EcoCash Holdings Zimbabwe Limited, formerly Cassava Smartech Zimbabwe Limited, reported solid operating results for the year ended February 28, 2021, despite strong economic headwinds in the country d...Published: 19 Oct 2021 at 06:31hrs | 1 | by Staff reporter
Econet answers church's prayers
Econet Life, a subsidiary of EcoCash Holdings Zimbabwe Limited (formerly Cassava Smartech Zimbabwe), has partnered the Zimbabwe Christian Ministers Association (ZCMA) to provide an assortment of insur...Published: 14 Oct 2021 at 07:52hrs | 7 | by Staff reporter
Cassava suspended from trading on local bourse
THE Zimbabwe Stock Exchange (ZSE) yesterday stopped Cassava Smartech Zimbabwe Limited from trading on the bourse after an application by the Securities and Exchange Commission of Zimbabwe for the dive...Published: 03 Oct 2021 at 08:06hrs | | by Staff reporter
Cassava Smartech Zimbabwe, now trading as EcoCash Holdings Zimbabwe, in strong showing at ZITF
BULAWAYO - Diversified fintech giant Cassava Smartech Zimbabwe Limited, which is now rebranding as EcoCash Holdings Zimbabwe Limited, is exhibiting at this year's Zimbabwe International Trade Fair (ZI...Published: 21 Sep 2021 at 18:56hrs | 8 | by Agencies
Cassava revenue up 70%
CASSAVA Smartech Limited's revenue for the quarter ended August 31, 2021 increased by over 70% compared to the same period the previous year driven by growth in transaction activity.In a tradi...Published: 08 Sep 2021 at 06:11hrs | 7 | by Staff reporter
Zimbabwe blue chips shine in Africa
AT least five of Zimbabwe's biggest stock exchange-listed firms have made it to the list of Africa's best performing companies, defying storms stemming out of a two year old economic crisis, which was...Published: 03 Sep 2021 at 06:56hrs | 8 | by Staff reporter
20 richest investors on the Zimbabwe Stock Exchange
Investors on the Zimbabwe Stock Exchange have amassed staggering wealth since the start of the year owing to the strong pace of recovery in the country and renewed buying interest by local inv...Published: 29 Aug 2021 at 07:05hrs | 182 | by Mfonobong Nsehe
EcoCash merchant transactions reviewed to Z$20 000
THE country's largest mobile money service provider, EcoCash, has been granted greenlight to facilitate once-off transaction limits of up to $20 000 for merchant and bill payments so as to enhance con...Published: 26 Aug 2021 at 17:58hrs | 8 | by Staff Reporter
Cassava rebrands to EcoCash Holdings
Cassava Smartech Zimbabwe Limited is set to rebrand to EcoCash Holdings Limited in a move aimed at aligning the business with its main operating subsidiary EcoCash Private Limited. In a circul...Published: 03 Aug 2021 at 07:17hrs | | by Staff reporter
Econet steps up its sustainability drive, joins the United Nations Global Compact initiative
HARARE - Econet Wireless Zimbabwe has taken a major step in demonstrating its commitment to sustainable development by becoming a participant to the United Nations Global Compact (UNGC), the world' la...Published: 21 Jul 2021 at 21:23hrs | | by Agencies
Maisha Health Fund launches convenient, phone-based medical aid registration via USSD
Cassava Smartech Zimbabwe's health insurance unit, Maisha Health Fund, has launched an innovative and convenient way to register for medical aid cover through the mobile phone. The service, wh...Published: 20 Jul 2021 at 17:33hrs | 1 | by Agencies
Zupco partners Vaya
The Zimbabwe United Passengers Company (Zupco) has partnered Cassava Smartech's subsidiary Vaya Africa in its bid to easy movement of people between cities. The two companies have today launch...Published: 16 Jun 2021 at 19:10hrs | 6 | by Innocent Mujeri
Econet boss launches book
Econet Wireless Zimbabwe CEO, Douglas Mboweni, has launched a book titled A Dusty Road to Success aimed at empowering people to discover and live their God-given purpose.The book was officiall...Published: 03 Jun 2021 at 08:36hrs | | by Staff reporter
Cassava Smartech partners with the Anglican Church
- Members set to benefit from insurance cover, farming technology & logistics support MUTARE - Cassava Smartech Zimbabwe on Friday signed a M...Published: 22 May 2021 at 08:00hrs | 1 | by Agencies
BAT rated best ZSE counter
BRITISH American Tobacco (BAT ) Zimbabwe has been rated the top counter on both the Zimbabwe Stock Exchange (ZSE)'s top 10 and 15 indexes for the second quarter of 2021.BAT's rating was announ...Published: 12 Apr 2021 at 07:08hrs | 6 | by Staff reporter
Steward Bank in major banking system upgrade
Steward Bank, the largest bank by customer base, is this weekend undertaking its biggest system upgrade since its acquisition from TN Bank in 2013. The Cassava Smartech-owned bank is upgrading...Published: 01 Apr 2021 at 18:46hrs | | by Agencies
EcoSure beefs up its services, rolls out tents and ablutions as add-ons
HARARE - EcoSure, Cassava Smartech Zimbabwe's micro-insurance business, has included tents and mobile ablution facilities to its funeral policy holders as the company beefs up its mobile insurance pac...Published: 28 Mar 2021 at 13:29hrs | | by Agencies
EcoCash, Steward Bank savings product suspended
CASSAVA Smartech subsidiaries EcoCash and Steward Bank have announced temporary suspension of their "EcoCash$ave" product to allow for its migration to a new platform while they repackage and improve ...Published: 12 Mar 2021 at 13:24hrs | 6 | by Staff reporter
New Maisha Health product enables patients to consult doctors remotely
Maisha Health, Cassava Smartech Zimbabwe's health insurance unit, has rolled out a digital platform that allows patients to consult doctors remotely.The Maisha Telemedicine platform will colle...Published: 23 Feb 2021 at 17:08hrs | 1 | by Agencies
Econet, Cassava bag top business awards
HARARE - Telecommunications giant Econet Wireless Zimbabwe (EWZ), and its sister company Cassava Smartech Zimbabwe (Cassava), last week clinched top business leadership and merit awards at separate ev...Published: 15 Dec 2020 at 14:26hrs | 5 | by Agencies
Bold revamp doubles EcoCash capacity
AN extensive revamp of the EcoCash platform that sent markets into complete turmoil in November last year doubled the mobile money transfer operation's capacity to 450 transactions per second, accordi...Published: 06 Dec 2020 at 08:36hrs | | by Staff reporter
EcoCash revenue continues to dwindle
CASSAVA Smartech Zimbabwe Limited's subsidiary EcoCash's revenue contributions to the group continue to dwindle following recent operating measures effected by the Reserve Bank of Zimbabwe (RBZ) to cu...Published: 02 Dec 2020 at 06:13hrs | | by Staff reporter
'Rushwaya gold could buy UniFreight, Zeco'
THE gold that underfire Zimbabwe Miners' Federation (ZMF) boss Henrietta Rushwaya allegedly tried to smuggle out of the country before running into an airport security trap about three weeks ago was e...Published: 14 Nov 2020 at 21:20hrs | | by Staff reporter
Currency crisis costs Cassava $2 billion
TECHNOLOGIES giant, Cassava Smartech says it suffered $2 billion in exchange losses during its first full year of operations after the volatile Zimbabwe dollar struggled to hold its turf against the g...Published: 09 Nov 2020 at 06:57hrs | | by Staff reporter
Strict RBZ policies on EcoCash result in $2 billion tax revenue decline
GOVERNMENT'S tough decision to throttle leading mobile money transfer agent, Ecocash has backfired with the Zimbabwe Revenue Authority (ZIMRA) recording a $1.9 billion decline on the 2 % revenue tax c...Published: 27 Oct 2020 at 07:03hrs | | by Staff reporter
EcoCash self-care platforms enhance clients' safety, improve the customer experience
CASSAVA Smartech Zimbabwe's mobile money platform EcoCash is leading the way in maintaining social distancing for its customers and employees through the use of self-care platforms. With the w...Published: 20 Oct 2020 at 19:57hrs | | by Agencies
Regulatory controls constrain EcoCash
ECOCASH'S parent firm, Cassava Smartech Zimbabwe Limited (CSZL) said on Tuesday that performance of the mobile money platform had been hit hard by seven major regulatory directives in the past six mon...Published: 07 Oct 2020 at 06:54hrs | | by Staff reporter
Steward Bank launches new product to support agriculture
Steward Bank has partnered with businesses under parent company Cassava Smartech Zimbabwe to launch AgroFuture, a new agribusiness product that is set to improve agricultural production in the country...Published: 01 Oct 2020 at 10:02hrs | 3 | by Agencies
EcoCash bureau de change launch to spur financial inclusion in Zimbabwe
THE recent launch of a bureau de change by Zimbabwe's leading mobile money service provider EcoCash after approval by the country's central bank is likely to help channel more remittances through form...Published: 28 Aug 2019 at 07:41hrs | | by Sifelani Tsiko
Sasai, Ecocash bureau de change to marry
Sasai App, a product of Cassava International and the first of its kind in Africa with several integrations and via three main functions of pay, chat and explore has integrated the newly launched Ecoc...Published: 26 Aug 2019 at 06:52hrs | | by Staff reporter
Econet launches digital mobile bureau de change
ECOCASH has launched a digital mobile phone-based bureau de change in a move set to increase competition in the foreign currency exchange business. The innovative facility, a first by a mobile...Published: 23 Aug 2019 at 07:34hrs | | by Staff reporter
Vaya proposes fix to fuel & forex problem
CASSAVA Smartech's logistics unit, Vaya, has accelerated the introduction of its new services - Vaya Carpool and Vaya Shuttle - in a bid to help alleviate the fuel crisis in Zimbabwe. Ch...Published: 12 Aug 2019 at 07:50hrs | | by Staff reporter
Architects probe US$20m Econet contract
The association of architects in Zimbabwe is embroiled in a favouritism storm over an opaque competition for the design of the new headquarters of Cassava Smartech, a subsidiary of the conglomerate, E...Published: 11 Aug 2019 at 11:28hrs | | by Staff reporter
Cassava set to introduce ease of travel
Vaya has speeded the introduction of its new services, Vaya Carpool and Vaya Shuttle, in a bid to help ease the fuel and foreign currency crises in Zimbabwe.Zimbabwe has been facing a crisis i...Published: 09 Aug 2019 at 07:39hrs | 1 | by Staff reporter
Nurses and doctors to get free transport from Vaya
Nurses and doctors at hospitals throughout Zimbabwe are set to get free transport for 30 days as Vaya once again rolls out exciting new services. These are a car-sharing service called Vaya Carpool an...Published: 05 Aug 2019 at 13:16hrs | | by Staff reporter
National Environment Cleaning Day gains momentum in Zimbabwe schools
Walking up and about Harare streets and beyond on every first Friday of the month has become a norm to see the young and old being actively involved in the National Clean-Up campaign. The first Friday...Published: 04 Aug 2019 at 16:44hrs | | by Brian Maregedze
How Econet made itself indispensable to Zimbabweans
On December 5, 2017, Zimbabwe's two major internet access providers (IAPs), Liquid Telecom and TelOne, suffered breaks in the fibre optic cables that blacked out 90% of the country from the internet f...Published: 31 Jul 2019 at 08:07hrs | 2 | by Mike Murenzvi
Econet foresees brighter future for Zimbabwe
THE country's largest telecommunications firm, Econet Wireless Zimbabwe, believes that the country will conquer the immediate economic setbacks and attain a brighter future. Group chairm...Published: 03 Jul 2019 at 08:23hrs | | by Staff reporter
Econet swings to $106,4m loss after tax
Econet Wireless Zimbabwe Limited (EWZL) posted a loss after-tax of ZWL$106,4 million in the year ended February 28, 2019, from a profit after-tax of ZWL$132,3 million recorded in 2018 following the un...Published: 02 Jul 2019 at 08:30hrs | | by Staff reporter
EcoSure US$ packages unveiled
CASSAVA Smartech Zimbabwe's EcoSure has unveiled United States dollar denominated packages that will give Zimbabweans the opportunity to get insurance cover without worrying about the challenges of va...Published: 24 Jun 2019 at 09:36hrs | | by Staff reporter
Rising demand pushes the ZSE
The Zimbabwe Stock Exchange (ZSE) climbed significantly during the week ended June 14 2019, on rising demand across the board. The market recorded gains for the 12th week in a row. All equity gauges t...Published: 16 Jun 2019 at 09:43hrs | 15 | by Fungai Nyaungwa
Strive Masiyiwa pockets $100m in dividends
STRIVE Masiyiwa has pocketed close to US$100 million as dividend payouts from his investment in Econet Wireless Zimbabwe (EWZ) since 2009, businessdigest has established.According to Econet Wi...Published: 03 May 2019 at 07:22hrs | | by Staff reporter
Mnangagwa jets in for ZITF
ALL is set for the official opening of the Zimbabwe International Trade Fair (ZITF) today with President Emmerson Mnangagwa and his Ugandan counterpart, Yoweri Museveni, expected to arrive in Bu...Published: 26 Apr 2019 at 07:01hrs | | by Staff reporter
Facing national challenges: None but ourselves
In mid-March Zimbabwe together with Malawi and Mozambique fell victim to the violent and destructive Cyclone Idai which killed hundreds of people and left thousands displaced in these three southern A...Published: 08 Apr 2019 at 15:31hrs | 6 | by Nobleman Runyanga
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