Tag Archives: Econet Wireless

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 in the position, in their words, “as [...]

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?

New Econet Services company a response to plateaued telecoms business

April 16th, 2013

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In October last year, it emerged that the Econet Wireless Group had formed a new company to drive the EcoCash mobile money service. Econet Services. The new company wasn’t “launched” or “announced” formally in the market, as far as we could tell at least. The change was treated subtly by Econet in as far as the market was concern.

Agribank CEO, Sam Malaba, encourages banks to integrate with EcoCash

February 28th, 2013

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Agribank has become the latest Zimbabwean bank to integrate with the EcoCash mobile money transfer system. The announcement was made today at a press conference jointly held by the bank and Econet Wireless today in Harare. The integration is basically the same as that which Econet has secured with 3 banks so far i.e. to allow EcoCash customers to transfer money between their Agribank account and their EcoCash wallet, and the ability to do that even when they are out of the country.

EcoCash & Stanbic integrate. CEO Mboweni comments on ZimSwitch integration

February 20th, 2013

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We’re just from a press conference where Econet Wireless and Stanbic Bank announced the integration of Econet’s mobile money transfer platform, EcoCash, with Stanbic’s banking system allowing EcoCash subscribers to transfer money from and to their Stanbic accounts. Selected branches of Stanbic will also act as EcoCash Super Agents allowing EcoCash agents and customers to do EcoCash transactions.

Econet appoints SA Banker as new TN Bank CEO

February 12th, 2013

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We just received a statement from Econet announcing the appointment of South Africa banker, Kwanele Ngwenya, as CEO of it’s newly acquired financial institution, TN Bank. Ngwenya was Director of Commercial Segment at First National Bank’s (FNB) Botswana operation.