Here’s why local money transfer firm Shumba Money slashed transaction fees

Valentine Muhamba Avatar
Shumba money

Earlier this year Shumba Money, a local remittance or money transfer startup, announced that it would be slashing fees for transactions to Zimbabwe. This wasn’t something out of the ordinary because we had seen something similar from Senditoo last year. However, Shumba Money is a relatively young player in the game and we were curious about why/how they were able to do this.

To answer this question and to get to know more about the business, we spoke to Shumba Money’s founder, Andrew Dauramanzi.

You can listen to or download the podcast with the link below. Alternatively, you get a copy by sending the message “podcast” to 0717 684 274 on WhatsApp

You can subscribe & listen to Technikari on these podcast sites & apps

You should also check out these Technikari podcast episodes

Our conversation with Gwinyai Nyatsoka, the CTO of US-based software development firm Cobbles, who is looking to teach local developers how to gain access into the remote developer market.

Gwinyai Nyatsoka: CTO for a US tech firm who wants to teach local devs how to do the same remotely

Gateway Streams is airing episodes of Wadiwa WepaMoyo season 2 but the experience is much the same as Jah Prayzah’s exclusive album launch on the platform.

Wadiwa Wepamoyo Season 2 on Gateway Streams, it’s Jah Prayzah all over again…

Zimbabwe’s drone expert, Tawanda Chihambakwe invited us out to an event where he was pitching drone tech to ZESA. After that presentation we had a chat about drone adoption in Zimbabwe, operating environment challenges and what he has planning for the future.

Zim’s drone expert talks about manufacturing plans & problems with local operating environment

One response

What’s your take?

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  1. Jacob

    Nice iniative with the podcasts but please get some proper mics so that we don’t struggle to hear. We want to enjoy these sessions more.

2023 © Techzim All rights reserved. Hosted By Cloud Unboxed