1 month ago 

State should lead on infrastructure, dangerous for private players to own it: Min. of ICT

Telecoms infrastructure is back in the news again. No, it isn’t another loaded press release from an operator. Instead, we have some words from the Minister of ICT, Honourable Supa Mandiwanzira. We managed to ask him a couple of questions regarding his views on infrastructure rollout at a national level as well as its distribution, […]

2 months ago 

Online publication raided by Econet and Steward Bank issues statement

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 […]

2 months ago 

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

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 […]

3 months ago 

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

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 […]

9 months ago 

Exclusive: EcoCash CEO, Cuthbert Tembedza, leaving Econet Wireless

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 […]

11 months ago 

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

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 […]

11 months ago 

Econet investigated for anti-competitive behaviour in mobile money business

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 […]

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

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 […]

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

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 […]

1 year ago 

Econet Zero in early glitch as some customers report being charged on free sites (update)

Update: We have since tested Econet Zero again and Wikipedia is now working. Econet has also advised that they have fixed the minor glitch. Econet yesterday announced a ground-breaking product called Econet Zero which gives all Econet Broadband subscribers free access to more than 50 educational websites. Amid all the fan fare of the launch […]

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

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

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 […]

2 years ago 

New Steward Bank banks on Econet relationship for product innovation

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.