Tag Archives: EcoCash

Telecel partners Mukuru to enable remittances to telecash

September 1st, 2014


In a fulfillment of promises made a few months ago Telecel has, through a partnership with Mukuru,  now enabled the remittances of diasporan funds straight into the mobile wallets of its mobile money service telecash. With this new arrangement, which will currently be active for remittances from South Africa, when someone sends money through Mukuru [...]

Jive Zimbabwe launches online music platform..Again. Will they succeed?

September 1st, 2014


You may have read an article in yesterday’s Sunday Mail (and last week’s NewsDay actually) about a new online music distribution site for Zimbabwean music called Jive Zimbabwe. They are here. This is actually not the first time Jive Zimbabwe has “launched” so it should be a relaunch really. The first launch happened almost two years ago [...]

EcoCash online payments through MasterCard

August 26th, 2014


Recently Ecocash introduced the EcoCash MasterCard Debit Card that undoubtedly was a game changer, allowing millions of ‘unbanked’ people the opportunity to have the convenience of making payments anywhere and everywhere. Yes, the card works across borders, anywhere in the world they say and then there was the ‘possibility’ of making online payments. I went ahead and got [...]

Telecash zero-rates mobile money transfers

August 25th, 2014


In a move that will definitely change the competition dynamics of local mobile money, telecash, the mobile money arm of Telecel has made it free to transfer money to a registered telecash subscriber.This automatically places telecash as the cheapest mobile money transfer option for the Zimbabwean market. The new wave of “tariff treats” also comes [...]

We’ve figured out payments, so what’s next for Zim e-commerce?

August 19th, 2014


Last Saturday Paynow, a local e-payments integration service, hosted a developers’ day at the Hypercube Hub. The event was attended by several developers and designers with some of them eager to integrate Paynow with their online services. Matthew Hood, the technical lead at Paynow, was pleased with the turnout at the Developer day, largely because [...]

Exclusive: EcoCash CEO, Cuthbert Tembedza, leaving Econet Wireless

August 13th, 2014


We’ve confirmed via a number of sources that current EcoCash CEO, Cuthbert Tembedza, is leaving Econet Wireless. Tembedza is leaving Econet after about a year & a half and after leading the mobile money company through a period of tremendous success cementing EcoCash’s position as the undisputed leader in mobile money in Zimbabwe. We contacted Tembedza to learn more [...]

Econet secures $150 million for expansion

August 6th, 2014


It has been reported that Econet Wireless Global has secured a $150 million financing facility to enable its expansion program. In an announcement from Export-Import Bank (Afreximbank) the institution that arranged the facility Econet will use the facility to expand in mobile banking and solar energy and also to refinance existing debt which has been [...]

Econet set to compete on product value, not lower tariffs

August 5th, 2014


Last week Econet Wireless held its annual general meeting which gave the company’s management an opportunity to address shareholders on issues related to revenue, profitability and the outlook for the next financial year. It has been reported that the network operator’s Chief Executive, Douglas Mboweni highlighted that they would not engage in all out tariff [...]

Telecel launches telecash promo to reward users

August 1st, 2014


Telecel ZImbabwe kicked off its Transact and Win Promo today which will reward users of the telecash service with an assortment of prizes. Lucky subscribers stand to win cash ($500 prizes for 20 subscribers plus 350 weekly prizes of $10), DStv decoders and subscriptions, airtime as well as cellphones. Only Telecel customers registered on the [...]

Unboxing the value of the Telecash Gold Card

July 17th, 2014


Yesterday Telecel Zimbabwe launched a debit card for their mobile money users called the TeleCash Gold Card.This product had been in the pipeline for a while now, with Telecel having given some information on the card and what it would mean for subscribers at the launch of Telecash some months ago. While the launch itself [...]

My complicated relationship with my network provider

July 14th, 2014


My relationship with my network provider, Econet Wireless is rather complicated. Why complicated? Well there’s so much to be happy about when it comes to being an Econet subscriber. Then there’s the litany of frustrating practices that warrant dismissing the Econet service and using another provider altogether. All this leaves one with conflicted choices about [...]

Use OneWallet through TelOne agents and win a T-Shirt!

July 4th, 2014


Don’t just tell someone, tell EVERYONE! NetOne is making moves to broaden the reach of its mobile money service. According to a newly flighted advert TelOne is now a OneWallet money agent with 34 TelOne outlets across the country listed as agents! This hardly comes as a surprise though.One wonders why this arrangement hadn’t existed [...]

Telecash’s 600,000 subscribers means its growing almost as fast as EcoCash did

July 2nd, 2014


A few days ago, Telecel’s General Manager, Angeline Vere disclosed that the company’s mobile money service that was launched 5 months ago, Telecash, now has 600,000 registered subscribers. This is an impressive number in  a number of ways, but mostly in comparison to Econet’s EcoCash, which has generally been regarded a success. Consider for example that in its [...]

Telecel reclaims “second biggest MNO” tag with strong subscriber numbers

July 1st, 2014


Yesterday mobile network operator Telecel Zimbabwe gave oral evidence to a Parliamentary committee on Communication, Technology, Postal and Courier Services. According to a report in the Herald the operator released figures regarding its subscribers and its Telecash mobile money service. Telecel has 3.3 million active subscribers and is targeting to boost its switching capacity to 5.5 [...]

The Netone-ZESA marriage- Pride goeth before a fall

June 24th, 2014


A must-be-gleeful NetOne was granted an unexpected boost ahead of its competitors in the ZESA prepaid electricity retailing facility. They are the only MNO awarded the opportunity to sell prepaid electricity tokens. No surprises there if you have bothered to read a bit of ZIMASSET. I warn NetOne not to celebrate prematurely though. I have [...]

Latest Techzim Podcast: ZESA loadshedding,

June 20th, 2014


In this episode of the Techzim Podcast that recorded earlier this week we discussed In the power load-shedding by ZESA and how it affects startups, the new EcoCash Diaspora product they have partner WorldRemit to deliver, Mobile Money APIs, electronic payments in general, Paynow and finally the DSTV world cup blockage. Enjoy and lets discuss in the [...]

The Kombi ban, if it goes through, is an opportunity for mobile money operators

June 19th, 2014


When Econet introduced the option for people to use the EcoCash mobile money to pay for their kombi (name for minibus in Zimbabwe) fares, the unanswered question was if the service would penetrate the highly chaotic public transport. The question was eventually answered ofcourse; the kombi chaos was not about to be disrupted. What is the chaos you may ask. Essentially, the [...]

Three reasons why PayPal won’t work in Zimbabwe

June 18th, 2014


As Zimbabweans we have been a deprived lot. If it is not one nation introducing Visas so that we can’t visit them, then it is another banning the use of our ETDs (Emergency Travel Documents) when going to visit. Our misfortunes have also been prominent online. Facebook did not allow us to advertise to followers [...]

An EcoCash parallel market for cross border remittances emerges in Botswana

June 17th, 2014


Last week, Econet launched EcoCash Diaspora, basically a means for Zimbabweans outside the country – and there are millions upon millions out there – to remit money back home to relatives. But EcoCash and WorldRemit’s arrangement has two major weakness. 1) it’s not available where most of these millions of people are are. The big relevant markets it’s [...]

The EcoCash official mobile money API is live. But only for some developers

June 16th, 2014


The issue of the EcoCash API has been elusive. First it was a rumour last year. EcoCash itself denied it officially, but those inside told us the company was indeed working on something, or at least had got some people to work on something to enable merchants to process payments online.  Then came what appeared to be Econet’s own [...]

EcoCash Diaspora: Here are the countries you can remit money from

June 13th, 2014


As you may know, two days ago Econet and WorldRemit announced the launch of a service that allows people outside Zimbabwe to remit money into Zimbabwe directly into EcoCash mobile money wallets. When we wrote the article initially we said, incorrectly it turns out, that people can use the WorldRemit service to send money from South Africa. South Africa [...]

Econet partners WorldRemit to enable diaspora remittances to EcoCash wallets

June 11th, 2014


Econet Wireless Services and WorldRemit today launched a new international remittance service to enable anyone around the world to transfer money to an EcoCash wallet in Zimbabwe. Using the service, anyone in the 35 markets that WorldRemit operates from  (including US, UK, South Africa (See update below), Australia, Canada) will be able to transfer money directly [...]