Techzim

Zimbabwe and regional technology news and updates

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BBC’s Dirty Secrets of the Cigarette Business is a must watch

Yesterday BBC One aired an intriguing and riveting documentary called Dirty Secrets of the Cigarette Business which explores the sordid underbelly of the tobacco and cigarette business. While, to most of us Zimbabweans, tobacco just happens to be one of our biggest foreign currency earners, it turns out there is a whole dark world out […]


Find contact details for any local business on WhatsApp via Wire Business Directory

A local business consultancy firm called Qurious Consulting Pvt Ltd is looking to end the time-honoured tradition of bothering your friends and loved ones in the event that you need a plumber, mechanic or any other service. The company launched Wire, a business directory chatbot on WhatsApp that registers and catalogues local businesses and operators […]


It’s probably expensive because it’s actually good value

Sometimes the price of a product, service or experience is high because it’s taken a lot of time to develop and perfect. This, of course, doesn’t mean that there aren’t a few crafty flea market vendors out there who’ll rip you off. It’s a mess but we tried to make sense of it through our […]


Full Text: Victoria Falls Stock Exchange signs deal with Dubai Gold and Commodities Exchange

The Victoria Falls Stock Exchange (VFEX), a subsidiary of the Zimbabwe Stock Exchange (ZSE) has signed a Memorandum of Understanding (MoU) with the Dubai Gold and Commodities Exchange (DGCX), the region’s leading derivatives exchange — to strengthen bilateral cooperation as well as exchange knowledge wound commodities trading. As part of the agreement, the DGCX will […]


Access Forex introduces Paytumi a remittance based investment service

Zimbabwe’s more understated remittance or money transfer service Access Forex, has announced the launch of a product that will allow those in the diaspora to invest back home. The service is called Paytumi and offers Zimbabweans living abroad direct access to products for building, farming, medical and other projects they may have in mind. At […]


Some Econet Shop franchisees tarnishing brand

When a company is chasing growth there comes a time when tough decisions have to be made. Do you entrust strangers with your hard-built brand in franchise deals? Or do you go it alone? Going it alone means slower progress, higher capital requirement and higher growth risk but allows for tighter control. Franchise deals address […]


Full Text: Dendairy and Dairibord Holdings announce they will no longer merge

On 6 July last year it was revealed in a cautionary statement Dendairy Private Limited and Dairiboard Holdings Limited were in the process of exploring a merger that would see the two become one. It seems that this will no longer be happening. Dairibord has now issued a statement withdrawing the cautionary statement. WITHDRAWAL OF […]


Starting a business or freelancing? Read this book

So I have developed a Tiktok addiction. I never paid much mind to the platform for the longest time but a friend lured me on it and I was hooked. Aside from the dances, trends and all the rest, there are some really good creators sharing their experience and knowledge. The skill-sharing ranges from content […]


Zimbabwe needs a Startup Law (or Act): Here’s why

Unconventional Capital (UNCAP) notes that, 6/12 of the fastest growing economies in the world are African 22% of Africa’s working age population are starting new businesses 98% of early-stage enterprises are financially underserved and 90% of Venture Capital funding in East Africa still goes to expats.  This statistical evidence highlights the need for African countries to […]


Chad Chawanda: from panel beating to pan-African digital marketing

Chad Chawanda is a Zimbabwean entrepreneur who has a vested interest in a number of fields. He started out his business journey as a dropout, went into a panel beating business, then quickly pivoted to trade (local and regional) and digital marketing. Chad has a number of companies he is affiliated with namely ADvocado a […]


Cassava Smartech releases Q1 2021 trading update

Cassava Smartech Zimbabwe, which will soon be known as EcoCash Holdings Zimbabwe Limited, has released a trading update for Q1 2021 ending 31st of May 2021. The update also gives further details on when the company will release its Financial Results for the year ending 28th February 2021. The statement from Cassava reads as follows: […]


Cassava Smartech to become EcoCash Holdings Ltd to avoid confusion

Cassava Smartech Zimbabwe is getting a facelift, in an announcement to stakeholders the company notified all concerned parties that they are going to be shifting to the name EcoCash Holdings Zimbabwe Limited to avoid confusion. Cassava’s Statement on the name change reads as follows: Members are advised that the Company’s controlling shareholder, Econet Global Limited, […]


Local logistics startup Thumeza sets its sights on SADC expansion

Thumeza is a local logistics startup that provides financing to small-scale operators so they can meet their obligations while they (the operators) wait for their clients to pay for their services. And business has been going very well for them according to a report by Disrupt Africa. Thumeza CEO and founder Gugulethu Siso said they […]


Adopting a holistic approach to customer experience through CcaaS – Insights into the Tanzanian market landscape’s evolution

Despite the relatively low smartphone penetration rate in Tanzania, consumers are increasingly moving towards purchasing products and services using digital platforms that meet their needs. As a result, businesses need to rethink their customer journeys and become more customer-centric in order to deliver against the modern customer’s expectations. To put this into perspective, the country’s internet penetration […]


Standard Chartered launches US$1000 Youth Startup Challenge

Standard Chartered Zimbabwe has launched a new community project to support the youth in Zimbabwe recover from the economic impact of the COVID-19 pandemic. The programme is part of Futuremakers by Standard Chartered, the Bank’s global initiative to tackle inequality by promoting economic inclusion for young people for disadvantaged young people across its markets, including […]


Cassava’s Maisha Health launches USSD medical aid registration

Cassava Smartech Zimbabwe’s medical or health insurance division Maisha Health Fund has announced a new service that will allow anyone to register for medical aid via USSD. Anyone who needs medical cover can now find options through Maisha Health’s *147# USSD. The main motivation behind this is to increase the digital channels to those that […]


Econet Wireless Zimbabwe calls for early redemption of debentures

A few days ago Econet Wireless Zimbabwe (Econet) issued a notice to its debenture holders offering to redeem debentures it issued on 17 January 2017 early. This means instead of waiting for them to mature about three years from now, the holders of the debentures can have them redeemed now. The debentures have a market […]


Mureza Auto to roll out its first 100 vehicles in Zim and SA

Mureza Auto has announced that it will be rolling out 100 vehicles into the market starting next week. The countries that will be the first recipients are Zimbabwe and South Africa and the news follows of the company being granted a licence to produce cars in South Africa. “Mureza Holdings (Pty) Ltd now a licenced […]


Thumeza, the local logistics startup that is a finalist in a US$750K accelerator

Thumeza, is a local startup that offers financing to small scale logistics operators. It was recently named as one of the 10 finalists for the Telecel Group under its Africa Startup Initiative Program (ASIP) and Startupbootcamp Afritech US$750K accelerator along with another Zimbabwean startup called Dawa Health. I got the opportunity to “virtually” sit down […]


From cassettes to WhatsApp MP3s: How music distribution has evolved in Zimbabwe

Who remembers the days when you had to use a pen or pencil to rewind a cassette tape? It feels like a lifetime ago, and for good reason. The production and distribution of music in Zimbabwe (and the world over) has been liberalized to the point that anyone with a laptop can be a producer […]


Jah Prayzah fans are not happy with his Gateway Stream exclusive album launch

As I am sure you have already heard Jah Prayzah has launched his latest album Gwara exclusively (audio version) on local super app Gateway Stream. If you have never come across the app it’s akin to Cassava Smatech’s Sasai in that it has a lot of services under its umbrella. You can book hotels, do […]


What I learnt from this African Animator’s journey…

I recently had a great conversation with Pious Nyenyewa. Yes, the Zimbabwean animator who was recently announced as one of the directors of Kizazi Moto: Generation Fire (a Disney Plus Original anthology of animated films). The fact that Pious has gotten this far means he has probably done something right. From our conversation I took […]


TelOne’s revenue grew by 147% in 2020 backed by increased demand for broadband services

State-owned telecommunications firm TelOne today held its Annual General Meeting where the company presented some impressive figures for 2020. The highlight of the report was the revenue generated increasing by 147% in 2020 to record (inflation-adjusted) ZWL$4.7 billion from the ZWL$1.9 billion that was registered in 2019. TelOne also saw a 14% growth in subscribers […]


FBC has set its sights on disruption with the launch of a Fintech division

FBC Holdings has thrown a curveball with the announcement of its new Fintech Division/Company called Xarani. According to FBC the reasoning behind the formation of the company is to better maximise the opportunities that have sprung up in the accelerated shift to digital that was a consequence the pandemic Xarani’s launch is something that I […]


DStv may soon let you pay for channels you want to watch

After 25 years of boxing customers into packages depending on their tax bracket, it looks like Multichoice has finally seen the light. In a report by News24, the paid TV service is testing out “unbundling” its entertainment, sports, and movie channels in what is being called “DStv Flex”. What this essentially means is that you […]


Local comedian “Tha Slick Pastor” lands Netflix deal

Tha Slick Pastor who’s real name is Nigel Maritinyu has become the second Zimbabwean this month to land a deal with Netflix to feature in a movie according to a report by New Zimbabwe. The first was socialite Lorraine Guyo who announced that she will be starring in a Netflix Original Film called “The Bad […]


Deposit incentives but no protection for USD, the mess that is Zim’s monetary policy

Yesterday we reported on the lack of coverage for USD deposits by the Deposit Protection Corporation (DPC). And a lot of people weren’t too surprised that this provision was not set by the Reserve Bank of Zimbabwe (RBZ) and Ministry of Finance. While that gap exists in the banking sector, the Reserve Bank announced interest […]


The Zim dollar can be converted worldwide according to Ministry of Finance

Deputy Minister for Finance, Clemence Chiduwa said in Parliament that the Zim dollar (ZWL$) is accepted regionally and internationally according to a report by OpenParly. The issue of the convertibility and regional or international acceptance of our currency as we speak now, the Zimbabwean Dollar is accepted regionally and internationally through the exchange rate. Not […]


Two Zim content creators have been selected to make a Disney movie

Two Zimbabwean content creators Pious Nyenyewa and Tafadzwa Hove have been selected to be a part of the Disney’s “Kizazi Moto: Generation Fire” African Anthology. The two were picked along with 12 other African content creators to make ten short films for Disney’s streaming service. Disney’s selection process was curated by Cape Town animation house […]


Zim has ZWL$9.8 billion budget surplus? In this COVID hit economy?!

Earlier this week, Minister for Finance Mthuli Ncube said that Zimbabwe had a budget surplus of ZWL$9.8 billion in Q1 of 2021. A budget surplus is essentially the government making more money from income like taxes and the likes than it is spending. Now there are many ways to interpret this especially with COVID-19 being […]