Author: Tinashe Nyahasha

A Certain Person ‘Spins’ Money When EcoCash Payments Delay Says RBZ Governor Mangudya

So the story of the week has been the directive issued by the Financial Intelligence Unit of the Reserve Bank of Zimbabwe to EcoCash instructing them to freeze the accounts of agents that transact above ZW$100,000 (USD2,000 or USD4,000) per month. Of course, EcoCash went to court to have the order urgently suspended. On Friday, […]

RBZ Ignored Warnings About Suspicious EcoCash Agents For Months

Most people were surprised by the Zimbabwe central bank moves to instruct EcoCash to freeze the accounts of all agents that process transactions above ZW$100,000 (about USD2,000 or USD4,000 when you use the generous official exchange rate) per month. $100k is a crime The problem with this directive is that it is just a blanket […]

Econet Introduces A Cheaper e-Learning Bundle, Schools Buy It For Students & Teachers

Econet is nobody’s friend right now after the more than tippling in the prices of some of their internet access bundles. The MNO is hoping to warm up to schools and learners across the country with a new bundle tailored for the current reality of students learning from home. Here are the bundle options: The […]

Econet Asks Its Suppliers To Cut Prices By 20% Starting ‘Today’

So this happened: It’s difficult for everyone As much as we understand the argument given by Econet in this letter, the story is not that simple. They are asking suppliers to cut prices by a hefty 20% in an environment that they themselves admit is characterised by inflation and deterioration in the value of the […]

Slides: Digital Patterns During Zimbabwe’s Lockdown

We did an informal unscientific survey to look at how patterns have changed (if they did) during Zimbabwe’s COVID 19 necessitated lockdown. The respondents were mostly regular Techzim visitors. This obviously means the sample is not representative of the wider Zim society at all. However, this is a sample of individuals marketers call ‘early adopters’ […]

Download: Zim Gvt 2019 Financial Statements, Spending On Foreign Trips Was 22X Spending On Education Supplies

The spending on foreign trips relative to other government expenditure is not the only thing that caught our eye but it just seemed too ridiculous to us. The government spent 21.5 times more on foreign trips than it did on education supplies. How about health supplies? Foreign trips expenditure was more than 2 times what […]

Has Life Changed Due To COVID And Lockdown? Please Help Us Answer

The going theory is that the world is never going back to what it was before the COVID 19 pandemic. There are shifts happening all across the social and economic sphere. Some new patterns are being formed right now as lockdowns are effected etc. Mostly, what is happening is an acceleration of trends that were […]

Government Dumps Sensitive Employee Information On The Internet ZEC Style

Respect for data privacy and internet security is not well understood in Zimbabwe. The government is a major culprit in this crime of ignorance. Two years ago, the voter’s roll was accessed by some unscrupulous folks who just dumped the whole darn thing on the internet full of our names, ID numbers and residential addresses. […]

ED’s Law: 20 Years In Prison For Fake News During Lockdown

I still stick to my position that policing fake news is dangerous no matter the circumstances. Therefore the law just passed is in my book a deadly precedence (just like a coup DE tat for that matter). Besides being a very bad thing to do, policing speech is a losing battle. I guess a few […]

Hey President ED Laws Against Social Media Won’t Work, You Already Shared What Works

There is indeed a serious problem of misinformation, alarmist type information and general fake news regarding the COVID 19 pandemic. I am thus going to assume the president is sincere in wanting to protect the country from this ‘infodemic’ as the World Health Organisation called it. Towards the end of his address announcing total lockdown […]

President’s Lockdown Could Be Dangerous, Let’s All Make Sure It Works

I definitely believe that a lockdown was needed and could have been effected a little earlier. When signs that Zimbabwe was going to implement it soon started showing I was relieved. The actual announcement disappointed me a great deal though. First, why is a lockdown important? The important assumption regarding COVID 19 that leads to […]

Dictatorship And Police State, Price To Pay To Defeat Coronavirus?

The Chinese government screwed up at the beginning of the COVID 19 outbreak in Wuhan. However, after the fact of the mass public health crisis, China has been quite effective in managing and containing it. Taiwan is touted as one of the countries that really handled this whole pandemic well, it never got to be […]

10 000 School Heads Have To Go With Laptops To ZIMSEC Risking COVID 19

The Zimbabwe Schools Examination Council (ZIMSEC), the country’s primary and secondary education examinations board is putting the whole country at added COVID 19 risk through a ridiculous registration system. From the Progressive Teachers Association President, Takavafira Zhou: Zimsec examination registration process that requires that 9159 school heads travel to Zimsec centres by 30 March 2020 […]

Hypocrisy: Gvt Wants Banks, Mobile Money To Reduce Fees But They Won’t Touch 2% Tax

Transacting is crazy expensive in Zimbabwe. In his communique on measure to ‘stabilise’ the financial sector during the COVID 19 pandemic the RBZ governor talked about the cost of transactions needing to stay the same or go down: The Bank also agreed with the banking sector to suspend increases in charges related to the provision […]

Everybody Said We Are Re-dollarising, THEY Said No, Today THEY Confirmed It

Kwanhasi uku kutaura kwevakuru. (This is just a way for ‘the elders’ to say it in a way that saves them face). This just about sums today’s announcement by the Reserve Bank of Zimbabwe that we can use USD again ‘to make things easier during this COVID 19 pandemic.’ Everyone was saying the Zimbabwean economy […]

Opportunists: Government, RBZ Discard Interbank Rate ‘In Response To Coronavirus’

The Reserve Bank of Zimbabwe Governor, John Mangudya has just published a communique in which he talks about ‘the measures the government through his bank have put in place for financial stability in light of the COVID 19 pandemic.’ What caught my attention was this line: Government, through the Bank, has suspended the managed floating […]

Coronavirus And The Value Of Zim Dollar VS USD

I have been trying to predict what effect the COVID 19 pandemic will have on the value of the local currency. The mental exercise has resulted in failure and even folks I consulted were not very convincing. I will lay out my thoughts here in the hope some smart people will help me with a […]

Countries Ban Selling Coronavirus Equipment To Other Countries, Global Village Be Damned

“The world has become a global village.” What a worn out cliche right? The spread of the novel coronavirus that leads to COVID 19 disease proves how true the cliche is. Responses to it though reflect that this might not be as villagy a world as we theorise. A number of countries around the world […]

Are You A Developer And Would Love To Join Techzim?

Hey, we are looking for driven coders who are interested in joining in the work we do. We are making this call for applications quite open, we are looking for broad skillsets in different areas of our business. This is a good opportunity for you to tell us exactly what you are good at, what […]

Zororo Makamba Dies Of COVID 19, Zimbabwe’s Health Minister’s Lies And The Danger

On Saturday the Minister of Health confirmed that there were two new confirmed COVID 19 cases in Zimbabwe. Other sources were saying there were actually two new cases bringing the total confirmed cases to 3. Word started spreading on social media that one of the two new cases was Zororo Makamba a media personality and […]

Mthuli Ncube Suspends ‘Trade’ Of Old Mutual, PPC And Seedco Shares In Bid To Kill Black Market

Today in an Extraordinary Government Gazette, the Minister of Finance, Mthuli Ncube has suspended the ‘fungibility’ of three stocks traded on the Zimbabwe Stock Exchange. The suspension is for 12 months from today. This is in a bid to arrest the continued deterioration in value of local currency on the parallel market. What is fungibility […]

Here Are New Econet Tariffs Starting Tomorrow 14 March 2020

After POTRAZ increased the ceiling for Mobile Network Operator rates, EcoNet has announced their new tariffs which will be effective from tomorrow. Voice Tariffs Econet will be charging the same rate for peak and off peak calls. There is no distinction also between pre-paid (Buddie) tariffs and post-paid tariffs. The MNO is charging $1.5019 per […]

Mobile Money Transactions To Be Scrutinised DAILY By Mthuli Ncube Task Force

On launching his Currency Stabilisation Task Force today, the minister of finance touched on mobile money specifically. Mobile money has been a scapegoat when it comes to the runaway inflation and its causative agent: accelerated decline in the value of the local currency. Ncube proposes to: Place limits on daily bulk payer transactions. Bulk payments […]

Coronavirus, The Zimbabwe Government And Social Media

Last Thursday, Zimbabwe’s Minister of Health, Obadiah Moyo was summoned by parliament to update legislators on the country’s preparedness against the COVID 19 virus which has been declared a global health crisis. The minister assured the nation that there were no cases of infection in Zimbabwe. Earlier there had been a scare when a lady […]

RBZ Doublespeak: Paying For Stuff In USD Is Not Dollarisation But It Promotes De-dollarisation

In October 2018 the minister of finance and the central bank governor told us that money we had earned and deposited as USD was not in fact USD. Some of us had invested in stuff like life assurance and retirement savings in hard currency but suddenly all that was now declared local currency which as […]

Zimnat Now Processes Your Claim Through WhatsApp Or Email, Gives You Car To Use Meantime

For the past few years Zimnat, one of Zimbabwe’s leading insurance companies has been working hard to reposition itself in the market particularly through digital channels. Today they launched a new claims process plus a courtesy car service firming themselves up for the highly contested motor vehicle insurance space. A claim can be made almost […]

Breaking: EcoCash Tariffs Going Up, RBZ Has Approved

The Reserve Bank of Zimbabwe has just approved the adjustment of transaction fees upwards by Zimbabwe’s largest mobile money operator, EcoCash. According to reliable sources this approval has been granted this very afternoon. We are yet to get our hands on the new transaction fee schedule. Our sources have informed that EcoCash will effect the […]

Econet Introducing A New Brand Positioning

“Econet Wireless – Inspired to change your world,” remember that? That by-line changed to different things over the years and recently it has been “The smart data network.” Well it’s changing again. Econet is now positioning itself as a digital lifestyle company. Their new by-line is, “Econet Wireless – Your digital lifestyle network.” Their communication […]

Mthuli Ncube Resorts To Jingles Ala ‘Rambai Makashinga’

One of the things I have always admired about Mthuli Ncube as Finance Minister is that he makes an attempt to communicate to the citizenry. Some of what he communicates is of course not so useful and hard to believe for example he has said a number of times that things are better right now […]

EcoCash Sending Weird Messages To Subscribers

This evening (Monday 2nd Novemebr 2019), EcoCash has sent some weird messages to some of their subscribers. It’s not so clear what these messages are but they seem to suggest that one has done a bill payment transaction even if they haven’t. Here’s a screenshot of the messages: The balance doesn’t seem to be affected. […]