Techzim

Zimbabwe and regional technology news and updates


Zim healthcare startups! Check out this funding opportunity

Health54 is the healthcare dedicated Corporate Venture Capital (CVC) vehicle of CFAO Group (part of Toyota Tsusho), a key player in mobility, healthcare, consumer goods, infrastructure, and energy in Africa. CFAO Healthcare is a leader in the African pharmaceutical market with operations in more than 23 countries in Africa. We believe that the future of […]


Mthuli Ncube wants MPs to forgive $107 BILLION govt overspent without approval

The Minister for Finance, Mthuli Ncube had, according to the Financial Adjustments Bill 2022, overspent by ZWL$100,690,788,418 in 2020 and ZWL$6,783,930,028 in 2019. Furthermore, the Ministry of Finance is now seeking that this unauthorised spending is pardoned by Parliamentarians. The fact that these figures are coming out now is in direct violation of section 307 […]


Zim innovators! POTRAZ has ZWL$175 mil up for grabs

The Postal and Telecommunications Regulatory Authority (POTRAZ) has announced that its annual hackathon has returned. POTRAZ is looking for local entrepreneurs and inventors who have solutions that can improve the social and economic standing of the country. Who can apply? The POTRAZ Hackathon is open to all Zimbabweans who are: A resident in Zimbabwe; Passionate […]


EcoCash upgrades security, enhancing customer data protection & privacy

EcoCash, Zimbabwe’s leading mobile money platform, has introduced additional security enhancements to its platform to beef up customer data privacy and strengthen the system’s security. The measures announced by the company’s Chief Operating Officer, Munyaradzi Nhamo today, include protecting the customer’s identity by ensuring that when making merchant payments in shops or paying bills at […]


RBZ lifts Metbank’s dealer licence suspension

The Reserve Bank of Zimbabwe (RBZ) has announced that it has lifted the suspension of Metbank Limited’s dealer licence after the conclusion of its inquest into the bank’s alleged breach of Exchange Control Regulations. The statement on Metbank’s current status from the RBZ reads as follows LIFTING OF SUSPENSION OF METBANK’S AUTHORISED DEALERSHIP LICENCE The […]


Telecel customers, voice and data bundle prices are going up

Zimbabwe’s smallest mobile network operator, Telecel, has announced that it will be increasing data and voice bundle prices tomorrow (9/06/2022) The statement that Telecel made on Twitter reads as follows: “To our valued customers, please be advised we will be reviewing our voice and data bundle prices. T&C’s apply.” Telecel on Twitter You can buy […]


Congratulations TSITSI BATIYA you are our Grand Prize Winner!

The Techzim Market Promotion has come to an end and we would like to congratulate Tsitsi Batiya who has won our grand prize of two nights for two at Pamuzinda Safari Lodge Thank you to everyone who participated in the points promotion, who knows next time it could be you. Remember You can buy NetOne […]


Zim team crowned World Champions at the 2022 International High School Moot Court Competition

A team of Zimbabwean students have just been crowned World Champions after winning the 2022 International High School Moot Court Competition. The competition is intended for high school learners and is aimed at encouraging an engagement with international (criminal) law. The competition is open to learners from all countries and is hosted in The Hague, […]


Standard Bank launches Africa Trade Index revealing the continent’s US$70 Bil trade opportunity

Tuesday 7 June 2022 will see the inaugural publication of Standard Bank’s Africa Trade Barometer. The barometer is expected to become Africa’s leading trade index.   Present in 20 African markets and supporting trade activities in many more, Standard Bank enjoys a uniquely privileged view of Africa, “especially its rapidly emerging enterprises heavily focused on domestic, […]


Zim mobility & logistics startups! Check out this funding opportunity!

Mobility 54 is a corporate venture capital of Toyota Tsucho & CFAO group – the largest distribution network in Africa. They are investing in high-potential startups in Africa and for Africa, as well as also providing industrial support to our partners. The initiative is organizing a startup pitch contest – “2022 Digital Transformation Challenge” calling […]


Want to learn from the best? Check out this free US-based startup school

US-based accelerator Y Combinator has announced that it has opened registrations for its free online startup school. “Startup School is completely free. All you need is a device with access to the internet. We believe that all founders should have access to the best startup advice – no matter where in the world you’re building […]


Tecno Spark 9 Revealed. Better display, design and cameras.

Tecno’s most popular model just got a sequel in the form of the Spark 9 series. And it’s got a few changes notably in the design, cameras, and display. Camera Selfies have been upgraded to 32MP which should be the same one that did good work on the Camon 18 Premier. It will be using […]


Zim startups! check out this US$25,000 Innovation Competition

The annual Digital Innovation Competition for African Startups is facilitated every year by the U.S. Chamber of Commerce’s U.S.-Africa Business Center (USAfBC) in partnership with AmChams across Africa. Each year, the Competition awards talented innovators, entrepreneurs, and startups behind digital products and services that create a positive impact on African citizens. The 2022 winner will receive […]


EcoCash says service is back up after hours-long outage.

Mobile Money Operator, EcoCash Zimbabwe which went down this morning has announced on its Twitter page that the service is back up and running. EcoCash post on social media reads as follows. Dear Valued Customer We are happy to advise that all EcoCash services are fully restored and are working normally. You can now Do […]


Agripreneurs! Check out the GoGettaz US$50,000 competition

The GoGettaz Agripreneur Prize Competition is looking for Africans who are passionate about food production. On the line is a US$50,000 grand prize for two startups and all you need to do to enter is to click the link here Applications for the GoGettaz Agriprenuership Prize close on the 6th of June 2022. You should […]


EcoCash is down

Zimbabwe’s biggest mobile money operator, EcoCash is experiencing some technical challenges this morning as Twitter is awash with customers saying they can’t perform transactions, all the way to being unable to access EcoCash via its *151# USSD. “Our sincere apologies for the unfortunate experience. Kindly note that the EcoCash platform is currently down, our technical […]


First Capital & European Investment Bank bring EUR 12,5 mil credit line for SMEs

First Capital Bank Limited in partnership with the European Investment Bank and the European Union have today secured a developmental line of credit to the tune of EUR 12,5 Million (USD13.7 million). The funding is set to develop eligible investment projects undertaken by Small to Medium Enterprises (SMEs) and MidCap companies under First Capital Bank […]


TECHNIKARI with King Kandoro: Zimbabwe’s economy is a Mshikashika

The recent policy measures that were put in place by the government left many scratching their heads as to what is going on in Zimbabwe. The most confusing one of them all was the banning of credit which was overturned, but not as loudly as loans were banned. To get stuck into the immediate and […]


TelOne revises USD bundles. They are now HALF PRICE!

So about a month ago TelOne announced their Bonus Broadband Packages which are USD data bundles. As we had established they were a pretty good bargain but TelOne has just revised them downwards. Something you do not hear very often. The prices are still the same but the data part of it has been increased […]


Second-hand car importers to pay USD146 inspection fee (plus duty)

Anyone in Zimbabwe looking to import a second-hand car will now need to pay ZAR2,310.00 (or USD146) as part of a roadworthiness inspection. This starts on the 1st of June 2022 and the firm that was contracted to do this by the Ministry of Industry and Commerce is the EAA Company Limited. The statement by […]


Fintech startups! Check out the US$50K Last Mile Money Accelerator

At Last Mile Money, our mission is to bring world-class financial services — like high-interest savings, auto payout insurance, radically affordable remittances, and more — to millions of last-mile users. We believe that thoughtfully designed solutions can help build financial resilience and create pathways to a better life for millions of last-mile users. Today, this […]


Zim innovators! Check out the US$1,000 imaGen Ventures Youth Challenge

Generation Unlimited is a dynamic partnership that draws on the expertise of young people, representatives from governments, multilateral organizations, the private sector and civil society to inspire urgent investment in education, skills training, and empowerment for the rapidly growing global population of adolescents and young people (14-24) – which will reach 2 billion by 2030. […]


Local digital identity startup FlexID receives funding from Algorand Foundation

Zimbabwean founded blockchain start-up, FlexID Technologies (formerly FlexFinTx), has signed a Simple Agreement For Equity (SAFE) with the Algorand Foundation, to further develop and scale their Self Sovereign Identity (SSI) platform. The startup strives to make its decentralized digital identity network available in emerging markets where over one billion people are thought to lack formal […]


Blockchain startup Uhuru Wallet included in RBZ Fintech Sandbox

While the blockchain is often touted as a game-changing technology that is capable of disrupting traditional finance, it is yet to fulfil this promise. The race to satisfy this pledge is still on but numerous obstacles such as regulatory uncertainty are standing in the way. For different reasons, regulators in some parts of the world […]


StanChart increases online & bank app transfer limit to ZWL$25 million

Standard Chartered Zimbabwe (StanChart) has announced in a circular to customers that it has reviewed its transfer limit via its online and mobile application banking platforms to ZWL$25 million. The message from StanChart about the transfer limit reads as follows: Dear Valued Client, We are pleased to advise that we have increased our funds transfer limits […]


Cassava’s solar subsidiary DPA & France’s EDF extend energy partnership in SA

Distributed Power Africa (DPA), a subsidiary of Cassava Technologies, and Électricité de France (EDF), a world-leading electricity company, have entered into a partnership to develop hybrid energy solutions for businesses in South Africa. Through a 50% shareholding in DPA operations in South Africa, EDF will fuel the development of distributed energy solutions, starting with a […]


Zim Startups!! Check out this €5,000 Challenge!

As the climate crisis intensifies and biodiversity loss accelerates, the work of nature conservation non-governmental organisations is becoming increasingly urgent. To tackle this matter, Impact Hub partnered up with the Luc Hoffmann Institute and the Commission on Environmental, Economic and Social Policy (IUCN CEESP) to launch the Future of Conservation NGOs Innovation Challenge. The challenge […]


Zim blockchain startups! This challenge could fast track you to the Seedstars International Ventures Fund

FT x Cardano Blockchain Challenge in association with Project Catalyst, Seedstars, and FT Talent by Financial Times has a mission to source ventures interested in leveraging the Cardano Blockchain platform & community and engage with ventures interested in building on Cardano. Throughout the program, the selected startups will get a chance to participate in a […]


Zim Startups! Check out the Social & Inclusive Business Camp

The Social & Inclusive Business Camp is an acceleration and capacity building programme. It is dedicated to entrepreneurs with an impact project on the African continent and willing to scale up.  The Social & Inclusive Business Camp is a hybrid support programme, including:  3 months of remote coaching on a dedicated online platform, alternating interactive […]


SADC based startup Thumeza expands across Africa with Lori Systems partnership

Small and large-scale logistics players across Africa and other emerging markets struggle to access working capital credit to fulfil the growing demand. African e-logistics companies play a key role in reducing transport costs and delays while improving the quality of service along transport corridors. Logistics startup Thumeza has announced a partnership with Lori Systems which […]