• What’s the latest on Zimbabwean e-commerce? Check out these 12 e-platforms

    If you thought we don’t have any attempts at online trading and commerce in Zimbabwe, think again. Take a look at these 12 platforms that have been around for a while. Some very big companies like Food World have setup online shops with a variety of payments options you could find anywhere across the world.

  • Econet to disconnect millions of subscribers in the next 7 days

    Econet has given subscribers with lines that haven’t been used in 6 months, up to one week to recharge these lines. Failure to do so will result in disconnection. There is a lot the operator will benefit from by doing this, largely because of an inactive subscriber total of 3 million. However, there are going to be a lot of holders of these inactive lines who might not respond.

  • 6 things NetOne’s OneWallet needs to do to get my money

    NetOne has a fair subscriber base of just under 30% of the market, which has however failed to translate into a healthier OneWallet. Accounting for less than 1% of Mobile Money subscribers, it needs to overhaul the product or face extinction.

  • Cheers to mobile money & e-commerce opportunities in our cashless society

    According to the latest numbers from RBZ, Zimbabweans are handling more and more transactions electronically. The biggest driver is mobile money through services like EcoCash and Telecash. This seems to point to the opportunity in e-commerce as Zimbabweans now have faith in online transactions and digital payments.

  • Mobile money continues to pick up pace, overlaps into every financial service. What’s next?

    This past week, we got to sift through the latest figures on Zimbabwean telecoms from the industry regulator, POTRAZ. These sector performance numbers are provided regularly and even though we’ve always been whinging about the late delivery (This latest report is for October – December 2014), the data provided is a great market indicator. Which brings […]

  • NetOne’s bold $200 million ambitions: How will the mobile operator meet this target?

      “Ambition should be made of sterner stuff.” That ought to be etched on every business manager’s wall, especially before setting targets and making projections. All industry captains have to keep in mind the fact that whatever goals are set need to be met with an equal amount of elbow grease. Which is true, even for […]

  • Mukuru takes on SA to Botswana remittances, will need mobile phone advantage

    Moving money between any two countries is pricey business. The commissions for such services have always been steep, which explains why everyone from traditional banks to remittances services and lately, mobile networks are all out to get a slice of that cake. For most Zimbabweans, a familiar service provider in this space is Mukuru. The South […]

  • A new remittance channel emerges as MasterCard partners with Steward Bank

    News coming out of Barcelona at the Mobile World Congress is that MasterCard, the global payments solutions provider has announced a partnership with Steward Bank, a local financial institution. This facility has been enabled through HomeSend, an international money transfer unit that has been carrying out the same services in other markets around the world […]

  • WorldRemit raises $100 million for global expansion, eyes mobile money as a key

    It’s been a little less than a month since WorldRemit announced its partnership with the MTN Global Group. Now, the money remittances and transfer service has just announced that it has raised $100 million in a Series B funding round. Lats year the company raised $40 million from Accel Partners, a Silicon Valley Venture Capital […]

  • All bets are on mobile money & data as SMS declines and telecoms shifts

    Numbers don’t lie, especially in business, and when the right sort of numbers are going up it becomes a celebrated truth. From the surface the Zimbabwean mobile telecoms scene is in pretty great shape. In a conclusion to the quarterly performance report POTRAZ, the industry regulator, spelled out how the third quarter of 2014 noticed a […]

  • Worldremit partners MTN globally. Gets access to some 22mil mobile wallets

    WorldRemit, the guys that partnered Econet to allow Zimbos globally to remit money direct to EcoCash wallets, have just announced a new partnership with the MTN Group that will see them enabling direct remittances to MTN’s mobile money wallets. This gives them access to some 22.2 million customers in 16 countries across Africa. Quite a huge deal! The […]

  • Local banks collapse & sputter: Are mobile money wallets & Bitcoin our safe havens?

      It’s just days into the year and it certainly looks like the financial services sector is going to go through a very rough spell in 2015. Yesterday Allied Bank, a Zimbabwean commercial bank closed shop while another institution which is still on the mend, Steward Bank, waved goodbye to its CEO.  This isn’t even half […]

  • Selling ZESA prepaid from the UK: How Zympay is disrupting money remittances

    Just yesterday we were tallking about recharge.co.zw, the online workaround for buying ZESA prepaid electricity that lets you use your EcoCash and Telecash mobile wallets as well as options like VISA and Zimswitch. It turns out that there’s another solution similar to this called ZymPay. Unlike recharge.co.zw, Zympay is targeted at the diaspora, where Zimbabweans who […]

  • How to send money to Zimbabwe

    So in sending money to the UK, one of the questions that people asked me was how do I send money to Zimbabwe. Why send money to Zimbabwe? I know, weird question. But there are people out there that still ask. Well, for those of you that still have relatives and friends that are still […]

  • How to send money to UK

    There are instances when you are either travelling or have a friend or relative in the diaspora and need to send money to them. Yes, the flow of funds is not just one way, but undoubtedly more funds come into Zimbabwe than go out (I’m not referring to payments for goods here, but rather peer […]

  • “Sending” Money to South Africa

    A lot has changed since the crisis of 2008. Things are better now. I should know since back then I spend most of my time rationing my food supplies and waiting in line for everything from salt,bread, call slots and web pages to load. Most of my time is spend at the gym now trying […]

  • Telecel partners Mukuru to enable remittances to telecash

    In a fulfillment of promises made a few months ago Telecel has, through a partnership with Mukuru,  now enabled the remittances of diasporan funds straight into the mobile wallets of its mobile money service telecash. With this new arrangement, which will currently be active for remittances from South Africa, when someone sends money through Mukuru […]

  • House of Cards: networks out to dominate the cashless society

    There’s the sweet smell of a telecoms turf war in the air once again. This time its mobile money related, proving how the focus for dominance in telecoms is less and less about traditional services like voice communication. With mobile money as a focal point for revenue growth, Econet and Telecel (anyone seen One Wallet?) […]

  • Unboxing the value of the Telecash Gold Card

    Yesterday Telecel Zimbabwe launched a debit card for their mobile money users called the TeleCash Gold Card.This product had been in the pipeline for a while now, with Telecel having given some information on the card and what it would mean for subscribers at the launch of Telecash some months ago. While the launch itself […]

  • Open mobile money ecosystems – inevitable but not urgent for African operators

    I had the had the thrilling and awesome privilege to chair the second day of the 7th edition of the Mobile Money and Digital Payments Africa 2014, in Johannesburg at the end of May. Different stakeholders in the mobile money and digital payments industry across Africa and beyond converged at the Hyatt Regency Hotel in […]

  • Zipcash money transfer service expanding into West Africa

    Zimpost’s money transfer services, Zipcash, which was launched in October last year, will be setting up operations in West Africa with arrangements in Nigeria being finalised. This was mentioned by Zimpost managing director Douglas Zimbango, according to an article in the Herald. This regional expansion of the postal money transfer service started off with countries […]

  • Steward Bank can’t shake it off but recovers remarkably from half year loss

    Econet Wireless owned “tech bank” Steward Bank has recorded a loss of $26.3 million for the operating year ended March 2014. Econet Wireless announced this in a media release and the parent company is confident that Steward Bank “would soon turn to profitability”. Although the loss indicates that Steward Bank is not out of the woods […]

  • Econet to integrate systems with Western Union

    A report in the Herald has stated that a commercial agreement has been reached between money transfer services Western Union and Econet Wireless which will allow people to send money from abroad straight into EcoCash wallets. Under this new arrangement there will be no need to visit a Western Union branch as the money sent […]

  • Zimbo Kitchen now monetising on content

    One of the promising startups to emerge from Zimbabwe last year called Zimbo Kitchen has now added some features that appear minor, but enhance the detail and experience on Zimbokitchen.com. Most importantly, they have started monetising on their core business by selling a recipe book entitled Zimbabwe Classic Traditional and Fusion Food Recipes which is […]

  • Zimpost launches Zipcash, local & international electronic money tansfer

    Zimbabwe’s government owned postal services company, Zimpost, yesterday launched launched an electronic money transfer service known as Zipcash. The service, according to a report by Finx, allows for domestic and international money transfers. The new service replaces Zimposts existing money order services which basically entailed a lot of paperwork for sending and notification of transfers. […]

  • Zimfon’s response on the legality of the company’s VoIP services

    Yesterday, we published an article in which we had comments from POTRAZ Deputy Director General, Alfred Marisa, on the legality of the recently launched Zimfon VoIP service. Legality in terms of meeting Zimbabwe’s telecoms regulation requirements. He essentially said Zimfon is not compliance with regulatory requirements. Below is Zimfon’s response on the matter. Sent to us […]

  • Crowdfunding and business smarts could have saved Gringo film from piracy losses

    So the Gringo investors are yet to recoup their $50 000 because of piracy. Well, if they had stopped to consider all options before releasing their film perhaps they would have made a profit before production started.

  • Lessons from the Gringo film

    On the evening of independence day, 18 April, the Zimbabwean Shona film Gringo the Troublemaker by NAMA award winner writer Enock Chihombori premiered. The 1 hour 50 minutes production was based on the ever popular 1990s series “Gringo”. The reviews were excellent and the movie received a lot of praise from many critics. Yet almost three and half months later the film is still yet to recoup its $48 000 initial cash outlay.

  • More of the Afrocoin money transfer solution: the website screenshot

    Last month, we wrote about a money transfer service set to launch soon called Afrocoin. With scanty information gleaned from their Crunchbase profile and website holding page, we were not sure of the details of the product it is. We are still not sure about many things, but an image sent to our tips email this afternoon gives more insight into at least their web presence.

  • Econet and Ezetopup: The how to and review

    A while ago Econet joined the Eztopup platform. Eztopup is an online international company that allows people to buy airtime online using Paypal, Mastercard and Visa Cards. Econet did this ostensibly so those in diaspora can send airtime to their relatives in Zimbabwe. The platform however can be used to buy airtime for your own phone. Being an experimental sort I decided to take the service for a spin.

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