Zimbabwe and regional technology news and updates



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Old Mutual Moves Back To Africa: Relists On ZSE

Old Mutual has relisted it’s companies shares locally and has moved back into Africa as part of an attempt to refocus on the region. They have moved their primary listing from London to Johannesburg and proceeded to open secondary listings in London, Malawi, Namibia and Zimbabwe’s stock exchanges at 9am this morning. Old Mutual themed […]

CPTION Tech, An IT Solutions Company Is Hiring For Multiple Positions

Last week CPTION Tech reached out to us with the intention to giveaway free website and application design to 10 lucky readers and we felt that was a grand opportunity for interested readers. What positions? From the horses mouth, here are the positions CPTION Tech are looking for along with what they require: We are […]

Multichoice Sees 13% Growth In Customer Base, Premium Subscribers Slightly Declined

Multichoice’s latest financial statements (for the year ended 31 March 2018) showed a marginal decline of its high-end customers (those who subscribe to its premium bouquet). DStv provides multiple channels to its almost 13 million subscribers in various countries in the continent. As the leading Pay-TV in Africa, DStv also has its live online streaming service, DStv […]

Meet Simba Mubvuma, One Of 4 Zimbabweans To Make It On This Year’s Forbes 30 Under 30 List

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Farmvest: An Agriculture Investment Platform That Will Help Zim Farmers To Source Capital

You know the story in Zimbabwe, inadequate capital for farmers is disturbing the agriculture output of Zimbabwe. But Farmvest is here to make life easier for farmers while simultaneously offering attractive rewards to investors. Farmvest is essentially an agriculture investment platform that ‘aims revolutionize the local agriculture sector by connecting small-scale and communal farmers with […]

500 SMEs To Receive Funding From Netone

Zimbabwe’s second largest Mobile Network Operator (MNO), Netone has drawn up a programme to finance 500 Small-to-Medium Enterprises (SMEs) in a move meant to incentivize entrepreneurs to create profitable business ventures. The programme will be bankrolled by a $71 million loan facility availed to the MNO by Zimbabwe’s long-time creditor, China Exim. The loan facility will […]

Contrary To Our Primitive Inclinations Against ‘Chikwereti,’ Credit Is Super Important To An Economy: My Reflections At Zimnat Event

I am at an event being hosted by insurance company, Zimnat. The event is the Trade Finance and Trade Credit Insurance Conference. They are holding it as a way of introducing Zimnat’s new dedicated credit insurance division. The discussions here reminded me of a discussion I had with a colleague when we were on a […]

Here Are The 4 Zimbabweans Who Made The 2018 Forbes Africa Under 30 List

Year after year, Forbes features some of the brightest young leaders, entrepreneurs and billionaires under the 30 Under 30 list across various continents. The Forbes Africa is a regional publication of the publication comprising a single list of 90 of Africas most promising entrepreneurs under the age of 30, split into three categories: Creative, Business and […]

How Many Women Lead Zimbabwe’s Leading Companies?

This thought leadership article has been sponsored by Big Law Management Consultants, a company that manages investor relations for listed companies especially in the digital sphere. 403 is the total number of directors who sit on the boards of Zimbabwe Stock Exchange listed companies which shared the composition of their boards in their last annual […]

Econet Manages To Squeeze More From Their Customers: Average Revenue Per User Up

Talk about stellar results. Yesterday, the Econet group released the financial results for the year ended 28 February 2018. We were impressed to find that profits after tax were up 125% to $132m whilst revenue was up 34% to $831.6 million. EcoCash was responsible for a huge chunk of that growth and is growing in […]

Corporate Social Responsibility With Teeth Not Cheap PR, Here’s Idaishe’s Story

Image: Tinashe from Techzim with Idaishe from Skilled Staff There is a reason why corporate social responsibility (CSR) feels empty sometimes. Could it be because it is most associated with the marketing, PR and corporate communication functions of business? It is understandable that the Marketing Manager will just do good works and not let the […]

Zimbabwean Companies Will Be Affected By EU’s Privacy Policy Updates. Here’s How

Lately, many people have been receiving notifications about privacy policy updates from various websites and Apps. These policy updates are popping up because organizations are adopting a new European Union (EU) Directive called General Data Protection Regulation (GDPR) that is set to change how business is done the world over. Websites and Apps like WhatsApp, Instagram […]

Zimra Acquires Servers As It Races To Complete Upgrading Asycuda By June

Marred by recurrent system breakdowns that have caused it to lose millions of dollars, Zimra is racing to upgrade its Automated System for Customs Data (Asycuda) systems marked by the latest acquisition of three servers. The Asycuda system is used for online pre-clearance of goods, issuance of road access fees payment and processing of temporary […]

‘Zimbabwe Is Open For Business’ But Seems Closed Online

Since the political transition (affectionately being called ‘new dispensation’) that Zimbabweans witnessed late last year, the ‘Zimbabwe is Open for business’ slogan is being massively promoted. President Mnangagwa’s government has been making a series of policy reforms and introducing new provisions in current laws as it bids to undo past wrongs. As recent as last […]

Govt Reforms Parastatals: Full Statement By The Finance Minister

1. Government has been consistent in emphasizing the critical contribution expected from the State Enterprises and Parastatal (SEP) sector towards the revival of Zimbabwe’s economic fortunes and in this regard has for some time been pursuing a programme of SEPs reform designed to enhance performance, improve service-delivery and to bring more order, discipline and rationality […]

MMM was still alive in Zim; Some were earning as high as $500p/m, But It’s All Coming To An End…

After the recent death of MMM founder, it seems the guys – MMM that is – are finally closing up shop. Mavrodi Mondial Moneybox was a world famous online Ponzi scheme that took Zimbabwe by storm in 2016. MMM had a Bitcoin-based Ponzi scheme MMM simply refused to die (seriously, no pun intended) and in 2017 […]

ZSE Trades Decrease But Turnover Surges In The First Quarter

Zimbabwe Stock Exchange (ZSE) witnessed a tumbling of the volume of shares traded in the first quarter to  297 386 164  compared to a similar period last year. However, the value of shares traded for the first quarter surged by as much as 204% to $144 555 983 comparable to the first quarter of 2017. […]

MMM Founder Dies. Many Zimbabweans Lost Their Money In The Scheme, You Remember?

The founder of Mavrodi Mondial Moneybox notoriously known as MMM, Sergei Mavrodi died last week as a result of a heart attack. Mavrodi was a pioneer of MMM, a pyramid scheme that stretched back to the early 90s and was introduced to Zimbabwe in or by 2015. MMM promised attractive returns to participants that averaged […]

Will Telecel’s Ownership Issues Ever End?

It seems the Telecel shareholding issues will not go away. After the acquisition of Telecel by the government back in 2015 the shareholding issue had quietened down but it seems that was just the calm before the storm. Back then, the government acquired a 60% stake and it seems the remaining 40% will now be […]

Zimra System In Beitbridge Goes Down Again

Asycuda Plus, Zimbabwe Revenue Authority’s (ZIMRA) system designed to help it to automate customs processes on the importation and exportation of goods has gone down in Beitbridge in face of the coming Easter holiday. The system went down 4 days ago after Zimra alerted users that they were upgrading the system but Zimra is yet […]

Businesses Asked For It, Techzim Responds: Here’s A Guide To WhatsApp Business

Techzim has responded to the requests of some businesses who have been asking us to explain how they could use WhatsApp Business. We have compiled a guide for any Zimbabwean business that is considering using the app. You can buy and download this guide directly here. To state the obvious WhatsApp is big deal. The […]

Facebook Loses $37 billion In Share Value As The Stock Market Reacts To A Data Sharing Scandal

Facebooks shares lost $37 billion as the market responds to the scandal the firm is involved in. The social network giant has ignited a political backlash and seemingly an economic backlash as well in US and UK following reports that it provided access of data on 50 million Facebook users to Cambridge Analytica, a political […]

CBZ And CABS Avail Loans Targeted At SMEs

CBZ Holdings has announced that it is arranging to increase loans to Small to Medium Enterprises(SMEs) to the tune of $10million so that it can propel the growth of this sector. CBZ is reported to have increased their SME business by 28%. CBZ is showing its commitment to SME’s by hosting this year’s SMEs Indaba […]

Mobile Network Operators Show A Revenue Growth Trend But It’s Not That Simple…

If anyone would be happy about the 4th quarter Potraz report is a shareholder because the revenue in the sector has significantly improved from the last quarter. The 4th quarter of 2017 is remembered for the political transition that took place in Zimbabwe, chronic shortages of cash and highly volatile exchange rates both in the […]

[Press Release] Chief Digital Officers – Business Transformers of the Digital Era

Rapid technological developments have essentially transformed businesses, creating opportunities and threats for both, new and mature firms. Organisations are increasingly looking to make sure that their business strategies are underpinned by the right technologies. It comes as no surprise then that senior industry executives have been calling for the creation of a new C-level role […]

Thanks to Technology Small Businesses Could Get Loans In 30 Minutes

Have you ever waited for 2 weeks to hear a response of whether your loan application has been approved or declined? Only for the application to be declined. That sucks, right? Welcome to the Age of Credit Decline. Now that banks have reduced consumer lending to productive sectors of the economy, who will lend to […]

European Tech Company Looking For A General Manager For Zimbabwe, This Could Be Your Dream Job

We have talked here about how technology jobs could be outsourced to Zimbabwe several times. A European company sees that opportunity and they are interested in setting up shop in Zim to work with Zim developers building solutions for companies in Europe particularly the UK. This company obviously needs an Executive Head for Zimbabwe to […]

Digital Entrepreneurship: How To Serve The Community While Making Money In The Process

For a developing country such as Zimbabwe, digital entrepreneurship addresses challenges that negatively impact business such as market information poverty, exclusion from global supply chains, eroded profits, high financing costs, loss of control to intermediaries, and poor cost competitiveness. Societal challenges and problems which range from corruption, lack of infrastructure, no finance and unemployment can […]

Group Of Diaspora Investors Interested In NetOne

The Diaspora Infrastructure Development Group is mulling over the possibilities of investing in Zimbabwe’s second largest Mobile Network Operator, NetOne. Donovan Chimhandamba, Executive Chairman at DIDG had this to say about their interest in Netone: We continue to assess the situation at NetOne. We have expressed our interest before and the plans and we continue […]

Act in Africa, A Zimbabwe Based Entrepreneurship Programme That Provides Seed Funding

Act in Africa(ACT) is an entrepreneurship program based in Harare, with funding – if you make the cut. Their mission is to “build an entrepreneurial ecosystem in Zimbabwe to catalyse economic development and fight unemployment” The program started in 2014 and has a curriculum created by MBA students from the University of California, University of […]