Cryptocurrencies

Another South Korean Cryptocurrency Exchange Gets Hacked, $30 Million Stolen By Hackers

In what has become a recurring theme in the digital currency industry, another cryptocurrency (crypto) exchange platform has suffered a cyber intrusion. South Korean crypto exchange Bithumb has been hacked, with $31.5 million worth of token stolen. This incident is the second of such attacks on a crypto exchange platform in South Korea, in as […]

Fri Jun 22 2018 2 Comments

Gadgets & Apps

Oppo Find X From The Other Side Of The Fence

So yesterday my arch nemesis (and workmate) Farai Mudzingwa went full throttle on how The Oppo Find X was a clear miss with the pop up camera design and axed features. A lot of valid arguments were outlined by this lad but I feel every story has 2 sides. Here is mine. Notch Be Gone […]

Fri Jun 22 2018 0 Comments

Social Media

Would Mazoe Have Hit A U-Turn If Social Media Didn’t Exist?

The Coca-Cola company recently caused a stir as they switched the ingredients that make up the famous Mazoe (Orange crush). Contrary to popular belief that they made the switch nicodemously, Schweppes did acknowledge the switch on their blog on the 1st of this month and they say they made this change in order to reduce […]

Fri Jun 22 2018 4 Comments

Hardware & Software

Chartered Accountants May Be Interested In ICAZ’s New App

The Institute of Chartered Accountants of Zimbabwe recently introduced an app specifically for it’s members. The application is meant to act as a hub for members to get easy access to events, fellow members and information related to exams. Let’s take a quick look at what you can expect when you install the application… Alerts […]

Thu Jun 21 2018 0 Comments

Hardware & Software

A Zim Health Organisation Is Looking For Developers For An App That Supports People Living With HIV

A local organization, Organization for Public Health Interventions & Development (OPHID) is looking for developers who can develop an Application (App). OPHID is a “Zimbabwean organization that develops and implements innovative approaches and strategies to strengthen the provision of quality HIV prevention, care, and treatment services”. OPHID, through the FACE Consortium, works with the Ministry of Health […]

Thu Jun 21 2018 0 Comments

Fintech

The New Ecocash Business Wallet Is Not Only For Formal Businesses, Informal Traders Are Also Catered For

A day after the launch of the EcoCash Business Wallet, some people may still be wondering if the Business Wallet is only for formal businesses. But No. EcoCash Business Wallet serves every business, both formal and informal. Keeping in mind that Zimbabwe has a significant amount of trade that happens in the informal sector,I think […]

Thu Jun 21 2018 0 Comments

Social Media

Instagram Launches IGTV: Hour-Long Videos Coming To Instagram

Last week, we talked about Instagram introducing a new format of videos that would have a maximum length of one-hour. We also had questions in relation to how exactly Instagram would advertise on this platform and some of the questions are now answered. Unexpected twist The reports concerning this new video format were along the […]

Thu Jun 21 2018 0 Comments

Social Media

Facebook Admins Could Start To Earn With Subscription Groups, Group Members Would Pay $4.99 Per Month

Yesterday, Facebook announced the testing of paid subscription groups to help group admins monetize their efforts by charging $4.99 to $29.99 per month for exclusive content. The groups that have been chosen with this initial phase of the chargeable subscription are parenting, home cleaning and cooking. Currently, there is no option of earning money from […]

Thu Jun 21 2018 2 Comments

Gadgets & Apps

Innovation In Smartphones Is Dead! Let’s Talk About The Oppo Find X

The 2008 VMA’s will be forever etched in history because of Kanye West’s moment of madness. The Hip-Hop star interrupted Taylor Swift during her acceptance speech for her Video of the Year award and said: ‘Yo Taylor, I’m really happy for you and Imma’ let you finish but Beyonce had one of the best videos […]

Thu Jun 21 2018 14 Comments

Startups

Zimbabwean Found Startup In Running To Get Funding From The Hague Share Their Story

By Tyrone Moodley  Earlier this year, I read an article on Techzim talking about The HiiL Justice Accelerator.  At first glance, I automatically dismissed it as something that was just too good to be true.  I must admit that sometimes, we are our own worst enemy. I am a true skeptic at heart so this […]

Thu Jun 21 2018 2 Comments

Software Development

Tender To Develop App To Help Link Farmers To Agricultural Equipment In Zim

Welthungerhilife (WHH) -a German aid agency- is looking for a partner to help them develop the AgriShare Application. This app will be used to link farmers to agricultural within the country. Whoever is awarded the tender will work on the development and maintenance of the the application during the pilot phase of the app in Zim. […]

Wed Jun 20 2018 2 Comments

Entrepreneurship

Numbers We Heard At The DEMO Africa Innovation Tour Harare Today

The reason why most of us hated numbers back in high school was because they were confusing and difficult to understand. These numbers caught my attention today, and I decided to share them with you in a simplified form. 200, The number of StartUps DEMO Africa has launched since they started. $120000, The amount of […]

Wed Jun 20 2018 1 Comment

Telecommunications

ZOL Increases Pricing For Fibroniks Home And Business Packages

In an email sent out earlier today, ZOL informed their customers that they will be increasing their prices for all their residential and business fibre packages. The move comes as a surprise but ZOL are attributing the move to a tax that was added back in May of last year: In our journey, we have […]

Wed Jun 20 2018 9 Comments

Finance

Mobile & USSD-Based Transaction Charges Getting Significant Slash

Today, POTRAZ made some announcements at their Long-Term Average Incremental Cost (LRIC) and one of the most interesting was the 60% slash on out-of-bundle tariffs. Another major change to look forward to is the slashing of costs per USSD session for banking cost. The USSD Charges threshold shall be reduced from the current 12.5c a […]

Wed Jun 20 2018 4 Comments

Fintech

EcoCash Unveils A Business Wallet Dedicated For Business Payments

So this morning EcoCash stepped up its game by introducing its latest innovation called  EcoCash Business Wallet. This is a wallet dedicated to business and is meant to give them more control of their funds. Businesses will now be able to make and receive payments directly into their Business Wallets. EcoCash’s Business Wallet is an […]

Wed Jun 20 2018 9 Comments

Special Coverage

Over A Year Later, A Few Weeks Before The Elections And BVR Myths Are Still Prevalent

This article was sponsored by Go Zim, a civic education campaign aimed at encouraging citizens to get out and vote on elections day. See more at GoZim.co.zw. In March of last year, Techzim published an article attempting to dispel the myths surrounding the introduction of Biometric Voter Registration (BVR) in Zimbabwe. The technology, which captures voter’s fingerprints […]

Wed Jun 20 2018 6 Comments

Press Release

[Press Release] Telecel Announces New On-Net Voice Bundles

Telecel has introduced their new on-net voice bundles and for those making Telecel to Telecel calls there’s a lot to smile about with 50c getting you an hour of talk-time. You can read Telecel’s Press Release below: Mobile Operator Telecel Zimbabwe has announced the launch of its much awaited on-net voice bundles that will see […]

Wed Jun 20 2018 1 Comment

Telecommunications

Out-Of-Bundle Mobile Data Charges Fall By 60%

POTRAZ announced their Long-Run Average Increment Cost (LRIC) where they made some cool announcement. Out of bundle data browsing is dropping massively: The Out of bundle mobile data charges threshold shall be reduced from the current 12.5 cents per Megabyte to 5 cents per Megabyte exclusive to of all taxes. This applies to internet/data that […]

Wed Jun 20 2018 11 Comments

Cryptocurrencies

Akon To Launch His Own Cryptocurrency, Aims To Build Real-Life Wakanda

Yes. You read that right. The ‘Lonely’ hitmaker now has his own cryptocurrency and it’s called AKoin. Whether that’s pronounced A-coin or Ay-coin is another thing but what we do know is the coin will be used to propel Akon’s philanthropy work. What will the coin be used for The crypto will have two particular […]

Wed Jun 20 2018 1 Comment

Finance

Steward Bank’s Liquidity Ratio Declines To 70%

By now you are likely aware that Steward bank reported outstanding results for the year ending 28 February 2018. On various metrics, Zimbabwe’s youngest bank registered enviable figures. For instance, the bank witnessed a 133% increase in net operating income, a 289% increase in profit before tax, an 87% increase in net interest income etc. […]

Tue Jun 19 2018 4 Comments

eCommerce

Google Invests Half A Billion In China’s Second Biggest eCommerce Platform

Google has invested $550 million in JD.com which happens to be the second largest eCommerce platform in China. As part of the all-cash deal, Google will own 27 million shares or about 1 percent of JD.com at $20.20 per share. Both the internet biggies will work together to better retail infrastructure in China and other […]

Tue Jun 19 2018 0 Comments

Cryptocurrencies

Banned Crypto Exchange, Golix, Fails To Give Customers Cryptos, Fiat

It must be hard being a Golix customer right now. On the 29th of May, Golix promised customers they would start processing their withdrawals the following week. Tomorrow it will be exactly 3 weeks since that promise was made but unfortunately nothing resembling a fiat withdrawal is yet to be processed. Rubbing salt on the […]

Tue Jun 19 2018 26 Comments

Finance

National Payment System Transactions Decline, POS Transactions Decline The Most

The volume, as well as the value of transactions processed through the POS terminals, declined significantly during the first quarter ending 31 March 2018 (Q1 2018). An acute shortage of physical cash has triggered a cash crisis forcing Zimbabweans to resort to electronic transactions. Despite, the widespread and increased adoption of cashless transactions in Zimbabwe, […]

Tue Jun 19 2018 14 Comments

Telecommunications

Mauritius Has Best Telecoms Industry In Africa, But Africa Still Far Behind Asia

Budde Comm released their African Market Report and this report contains the Telecoms Maturity Index (TMI) of all African countries and the TMI measures and ranks the maturity of a country’s telecoms industry on a scale of 1 to 100. All countries are placed into one of three categories: ‘Market Leaders’, ‘Market Challengers’ and ‘Developing […]

Tue Jun 19 2018 3 Comments

Fintech

Netone Celebrated Fathers Day By Giving Free Onemoney Debit Cards With $5

Netone yesterday took time to honor fathers by giving its customers (who happened to be fathers) free OneMoney debit cards as part of their celebration of Fathers day. The OneMoney debit card was launched last year in October to offer convenience to OneMoney users by allowing users to ‘Zip’ from bank accounts into the mobile account (mobile number). Netone’s […]

Mon Jun 18 2018 1 Comment

Media

The Most Popular Online News Platforms In Zimbabwe (May 2018)

Every month we publish statistics showing how different news publications are doing in terms of viewership and their social media following. We are back with the numbers from the month of May. We are a bit late with this one but that’s primarily the fault of Similarweb (yes, I’m playing the blame game) -who produced […]

Mon Jun 18 2018 3 Comments