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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: 18 hrs ago | 688 | 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: 18 hrs ago | 22 | 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 | 242 | 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 | 405 | 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 | 232 | 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 | 145 | 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 | 866 | 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 | 2974 | 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 | 3147 | 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 | 7 | 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 | 6 | 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 | 17 | 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 | 6 | 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 | 17 | 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 | 18 | 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 | 4 | 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 | | 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 | 3 | 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 | 1 | 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 | | 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 | 1 | 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 | 2 | by Staff reporter
Senior magistrate in dock over grocery bribe
A SENIOR magistrate stationed at Murehwa Magistrates Court, Terrence Mashaire, who is accused of receiving bribes in the form of groceries and stationary, was yesterday remanded out of custody on US$1...Published: 05 Mar 2024 at 04:58hrs | 12 | by Staff reporter
EcoCash partners 9 universities across the country
In a move set to bring payment convenience to tens of thousands of tertiary students, parents and guardians alike, EcoCash has partnered with nine local university institutions across the country as t...Published: 29 Feb 2024 at 20:33hrs | 1 | by Staff reporter
EcoCash reintroduces US-dollar loans
LEADING financial services company, EcoCash, has re-introduced the Kashagi loans in United States dollars, reaffirming its commitment to providing accessible financial services to its customers....Published: 06 Feb 2024 at 15:01hrs | 3 | by Staff reporter
Boomerang Voodoo!..Removing US$35 hex from son costs US$700
NEVER pray for your enemies to die, you might bury your own relatives . . .A woman from Magwegwe suburb in Bulawayo is a living testimony to the adage.She experienced the mind-numbing ...Published: 26 Jan 2024 at 04:45hrs | 2 | by Staff reporter
Trainee nurse aide expelled from Mpilo Central Hospital
A TRAINEE nurse aide has been expelled from Mpilo Central Hospital after allegedly posing as a public relations officer and duping members of the public into sending money into her EcoCash to assist a...Published: 26 Jan 2024 at 04:43hrs | | by Staff reporter
Historical background of the town of Mvurwi formerly Umvukwes
Mvurwi is a prosperous farming town in Mashonaland Central province. The town is situated about hundred kilometers north of Harare along Kanyemba road, Mvurwi was formally known as Umvukwesi or (Mumug...Published: 27 Dec 2023 at 20:02hrs | 148 | by Givestar Kamuzonde
David coltart launches 2023 Mayor's Christmas Cheer Fund
The Town Clerk of the City of Bulawayo Christophe Dube, under the guidance of His Worship Senator David Coltart, the Mayor and Patron of the Mayor's Christmas Cheer Fund, has announced the comme...Published: 13 Dec 2023 at 12:46hrs | 8 | by Mandla Ndlovu
EcoCash overturns loss into profit
EcoCash Holdings Zimbabwe Limited (EHZL), a FINTECH company, successfully transformed its financial performance, turning a loss into a profit of ZWL$130.19 million after tax for the half-year ending A...Published: 13 Nov 2023 at 05:47hrs | 6 | by Staff reporter
Job Sikhala fundraising drive launched
ZIMBABWEAN political leader Job Sikhala is severely ill, according to his legal team, but remains in custody at the Chikurubi Maximum Security Prison.The opposition politician for the Citizens...Published: 16 Oct 2023 at 06:16hrs | | by Staff reporter
Sikhala fundraising campaign launched
An initiative to raise funds for the medical needs of the incarcerated Citizens Coalition for Change (CCC) politician, Job Sikhala, has been launched.The fundraising campaign, named the Go-Fun...Published: 11 Oct 2023 at 06:21hrs | | by Staff reporter
Zimbabwe Elections Support Network fails to pay election observers
HUNDREDS of election observers who were contracted by the Zimbabwe Elections Support Network (ZESN) have reportedly not received payments after the 23-14 August harmonised elections and are threatenin...Published: 04 Oct 2023 at 06:39hrs | | by Staff reporter
Sheriff killers hit by misfortunes
The High Court has acquitted the two remaining members of a six-man gang connected to the brutal murder of a High Court Sheriff. All charges against Day Kaseke and Misheck Neshamba have been dropped b...Published: 29 Sep 2023 at 06:21hrs | | by Staff reporter
Econet, EcoCash announce rights offer
LISTED telecoms firm Econet Wireless Zimbabwe Limited (EWZL) and its subsidiary EcoCash Holdings yesterday announced a renounceable rights issue to raise US$30,3 million for the redemption of existing...Published: 25 Jul 2023 at 08:23hrs | | by Staff reporter
Journalist appeals for US$15,000 for child's heart operation
A CHRONICLE staffer, Mashudu Netsianda is appealing for funds to enable his three-month-old baby to undergo open heart surgery in India.The baby was born with a congenital heart defect called ...Published: 16 Jul 2023 at 09:14hrs | 9 | by Staff reporter
Ponzi scheme founder flees with 'investors' US$1m
THE founder of an online Ponzi scheme, E-Creator, has left his clients seething with anger after duping them of large sums of money before vanishing.In a statement issued to clients yesterday,...Published: 07 Jul 2023 at 07:42hrs | | by Staff reporter
Intermediated Money Transfer Tax reduced from 4 to 1%
Mobile money customers are happy that the government has reduced the Intermediated Money Transfer Tax (IMTT) on domestic foreign currency transactions from 4% to 1%.The reduction, which was an...Published: 19 Jun 2023 at 18:10hrs | 2 | by Staff reporter
BCC cashier defrauds council 57 times
AN alleged cunning Bulawayo City Council cashier defrauded the local authority 57 times where in some instances he would receipt manually and not enter such payments into the respective accounts but i...Published: 18 Jun 2023 at 08:37hrs | 1 | by Staff reporter
Mr. President, you can't make the nation suffer simply because of your ego!
Pride comes before a fall! When I had the inspiration for this article, a certain scenario played out in my mind.I imagined an egoistical father - who was adamant that every 'respectab...Published: 17 Jun 2023 at 07:23hrs | | by Tendai Ruben Mbofana
Econet, EcoCash seek to raise US$60 million
Zimbabwe's largest telecommunications firm, Econet and its sister company EcoCash Holdings are planning to raise US$30,3 million each from shareholders to redeem outstanding debentures.The deb...Published: 09 Jun 2023 at 06:33hrs | | by Staff reporter
EcoCash posts $4,76bn loss
ECOCASH Holdings Zimbabwe Limited (EHZL) has posted a $4,76 billion loss for its financial year ended February 28, 2023 owing to monetary exchange losses worth $30,1 billion linked to its failure to r...Published: 02 Jun 2023 at 06:44hrs | | by Staff reporter
Massive price hikes throw the Zimbabwe economy into turmoil
THE Zimbabwean government is having sleepless nights over price hikes, which have continued unabated, plunging low-income earners into immense poverty, a snap survey by The NewsHawks.Commodity...Published: 28 May 2023 at 17:54hrs | | by Staff reporter
O'mari takes on EcoCash
FINANCIAL services giant, Old Mutual Zimbabwe Limited (OMZL), through Old Mutual Digital Services (OMDS), has launched O'mari, a business unit that will provide mobile money services, insurtech, inves...Published: 26 May 2023 at 06:37hrs | | by Staff reporter
Zimbabwe and SA telcos hit hard by worsening energy crisis in the region
Telecommunication companies have been hit hard by the worsening energy crisis in the southern Africa region, which has seen daily national power grid electricity outages of up to 16 hours.The ...Published: 22 May 2023 at 19:48hrs | | by Staff reporter
Money changers hijack POS machines for big transactions
DECKED out in trendy designer wear, clutching energy drink cans and munching take-aways while engaging in high-pitched conversations, illegal money changers, popularly known as osiphatheleni who have ...Published: 22 May 2023 at 06:35hrs | | by Staff reporter
Econet apologizes over network challenges
Econet Wireless Zimbabwe has apologised over network challenges experienced over the past week, and said it was now confident the challenges had now been fully resolved. "We sincerely regret t...Published: 17 May 2023 at 21:24hrs | | by Staff reporter
Strive Masiyiwa now worthh $2-billion
FOLLOWING a surge in the market value of his publicly listed companies on the Zimbabwe Stock Exchange, Zimbabwean billionaire businessman Strive Masiyiwa has once again joined the exclusive group of A...Published: 15 May 2023 at 19:13hrs | | by Staff reporter
Are investors in African equities poised for wins amidst global turmoil?
It has been a tumultuous first quarter of 2023, and African equities have not been spared.Global markets started the year on a very positive note, with the S&P 500 up 9.0% at its peak in e...Published: 12 May 2023 at 11:17hrs | 6 | by Rami Hajjar, portfolio manager of the Allan Gray Africa ex-SA Equity Fund
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