Tag Archives: Econet Wireless

Online publication raided by Econet and Steward Bank issues statement

March 27th, 2015

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We have just received a statement from the online publication, The Source, on the events that have happened around their offices being raided by Econet Wireless executives accompanied by the Sheriff and Police. The statement essentially calls out Econet Wireless and Steward Bank on their actions since yesterday, apparently exposing the ill intent of the two companies against […]

Video: Journalists demand apology from Nyambirai as condition for a presser

March 27th, 2015

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Following the raid on a Harare based online publication, The Source, yesterday, Steward Bank called for a press conference this morning. The conference however never happened as journalists demanded that Tawanda Nyambirayi, the legal lead for Econet and Steward Bank, apologise for the raid before proceeding with the presser. Nyambirai refused to aplogise and later said he stood […]

A million sign ups in two months: How is EcoSure growing so fast?

March 3rd, 2015

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What do we remember about telecoms services last year? Well, for one thing Econet Wireless went all out with new products. The mobile network operator seemed to extend its hand to everything from money remittances to cars and water. What ended the year though was the launch of EcoSure, the mobile insurance product that took […]

EcoLife relaunches as EcoSure. The new model

December 10th, 2014

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About a month ago, we got information and published that Econet wad preparing to re-launch what used to be (a nightmare) called EcoLife. Today, that product is being officially launched in Harare, but under a different name – EcoSure. This is one product that has taken Econet a long time to deliver both because of the […]

Exclusive: EcoCash CEO, Cuthbert Tembedza, leaving Econet Wireless

August 13th, 2014

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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 Bundles of Joy : A bigger and better offer…for whom?

June 26th, 2014

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Econet Wireless recently introduced a new suite of bundles that offer voice and data at a discounted rates. The product, called Bundles of Joy, also has unlimited local SMSes for the $5, $10 and $20 bundle sizes. At face value this a great deal. For the $5 bundle that has all the services (voice, data […]

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

June 16th, 2014

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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 […]

Econet investigated for anti-competitive behaviour in mobile money business

June 13th, 2014

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A report in the Herald today says Econet Wireless Zimbabwe is being investigation by the Competition and and Tariffs Commission (CTC) for anti-competitive business practices around it’s relationship with local financial institutions on mobile money and mobile banking. The issue is really that of the banks wanting neutral access to the Econet’s network subscribers via regular USSD (and […]

Econet near to launching pay TV service called ipidi

June 9th, 2014

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Econet Wireless, it is emerging, will be launching  a new subscription and “pay as you go” TV service called ipidi in the coming weeks to few months. A job advert for a marketing director that the company posted to its website last week Wednesday shows the company is looking to fill the position, in their words, “as soon […]

Techzim to host the Broadband Forum 2014 on the 6th of June

May 22nd, 2014

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We are excited to announce the second edition of the Broadband Forum scheduled for the 6th of June 2014 at Cresta Lodge Harare riding on the theme “Rolling the D.I.C.E. for a connected Future.” The event is focused on creating a platform where the various stakeholders from different facets of broadband technology can identify its […]

WhatsApp accounts for 23% of all internet traffic on Econet’s network

May 13th, 2014

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WhatsApp now constitutes 23% of internet traffic on Econet’s network since the introduction of WhatsApp bundles in February. This is according to a press released published by Econet’s technical partner in the implementation of the app-based bundles, Sandvine. The release says Econet has experienced tremendous success with the WhatsApp bundles thanks to “Sandvine’s Usage Management solution implemented […]

Samsung Galaxy S5 to hit Econet stores in Harare tomorrow for $788

May 6th, 2014

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Econet Stores in Harare are tomorrow expected to start selling the Samsung Galaxy S5 for a comparatively low cash price of $788. According to a source at Econet, the Samsung Galaxy S5 only arrived at Econet late last week, almost a month after it was released globally and when other local retailers were already selling […]

Econet announcing results today, apparently the media is not invited

May 5th, 2014

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Zimbabwe’s leading mobile operator Econet Wireless is set to announce its annual results up to March 2014 but we are told the media will not be part of the announcement. A source has told Techzim that Econet Wireless is expected to announce their annual results today afternoon at Conquenar House in Eastlea in an announcement only […]

Fortune magazine lists Strive Masiyiwa World’s 35th Greatest Leader

March 26th, 2014

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Arguably Zimbabwe’s most successful entrepreneur in dollar terms, the founder and chairman of Econet Wireless Global, Strive Masiyiwa, has been named one of the “World’s 50 Greatest Leaders” by Fortune Magazine last week. Masiyiwa is at number 35. The list includes entrepreneurs, sports people, state leaders, non-profit leaders, military leaders, activists and others. On how they […]

Econet launches own EcoCash Android app. Here’s the download

March 15th, 2014

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Earlier this week, when we posted about the re-enabling of the EcoCash long USSD codes by Econet, we speculated that we may start to see some new Android apps in the coming weeks. It has happened sooner than weeks. Our sources in the industry have pointed us to Econet’s own Android app that was released […]

Econet contract customers will now call at half price on weekends & holidays

March 14th, 2014

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So post paid customers (“contract” we call them in these parts) don’t usually get any promo attention from the mobile operators. Well, not as much as us cheap skates buying dollar airtime scratch cards every other week get. So them getting Econet’s attention with a new promo today, caught our attention. Econet has announced a new […]

Special edition Techzim podcast: Mobile World Congress 2014 updates

February 27th, 2014

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This is a special Techzim podcast covering the Mobile World Congress taking place in Barcelona Spain. Techzim writer Tendai Mupaso made a Skype call to William Chui who is currently in Barcelona Spain attending the Congress and they spoke indepth about what’s taking place at the congress. Key areas covered in this Techzim podcast are […]

Econet denies auto-registering customers to EcoCash. But it doesn’t add up

February 20th, 2014

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So we finally got a response from Econet PR on the issue of them automatically registering Econet voice subscribers to the EcoCash mobile money service. It’s basically a, “no we don’t do that” response. Here’s the full response: Econet has and continues to experience exponential growth of its popular EcoCash service, whose customer base is […]

Econet said to be registering voice customers to EcoCash automatically

February 20th, 2014

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A tip that came to us via Twitter today suggest Econet is now registering EcoCash users automatically. Meaning, in short, that if you’re an Econet subscriber, you’ll now automatically – with no action on your part – become an EcoCash mobile money subscriber. If true, this will boost EcoCash subscribers from the current 3.5 million […]

Econet Wireless buys back 8.6% Liquid Telecoms stake from Altech

January 12th, 2014

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Remember the deal from january last year that set Liquid Telecom as Africa’s largest terrestrial fibre network operator? As part of the deal, Altech, whose East African infrastructure assets Liquid acquired then, had received an 8.6% stake which they dispose of eventually when the option to do so came. Altech has announced last week that […]

New Steward Bank banks on Econet relationship for product innovation

July 3rd, 2013

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Today we attended a (now former) TN Bank event where the company launched its new name Steward Bank. The rebranding comes a few months after the bank was acquired by Econet Wireless from its former owner Tawanda Nyambirai. It was made clear at the event by the bank CEO, Kwanele Ngwenya, that the bank’s services will be tightly integrated to its telecommunications parent Econet Wireless.

Econet Wireless, vanishing airtime, POTRAZ, and transparency

April 25th, 2013

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What would have happened if subscribers hadn’t taken to social media to complain? What about if this had affected just 50 people who all didn’t notice? How do we even know this was the first time? What mechanisms does POTRAZ have in place to ensure these glitches are detected when they happen? Does POTRAZ audit the MNO billing systems?