Today we woke up to the announcement of new appointments at Steward Bank. To Techzim readers and the local tech ecosystem in general, the bank’s new appointments will come as a pleasant surprise as these are familiar faces we interact with. The new team comprises Arthur Matsaudza, Gedion Moyo, James Ritala and Luckson Madziwa. Who are these […]
From the information gathered so far, Matsaudza isn’t being hired to lead EcoCash, Econet’s mobile money services, though. He is expected to fill a new role focused on managing digital payments and bridging the gap between EcoCash and Steward Bank, the retail financial services institution owned by Econet Zimbabwe.
Unfortunately, the Telecash-Mukuru facility hadn’t been providing instant transfer of funds. Recipients had to wait for hours before the money reflected in their wallets. Now, Telecash and Mukuru have improved the system and once the money is sent it will be recieved instantly by the holder of the Telecash wallet.
Telecash may have faced a seasonal drawback in the Telecel versus government tiff early this year but they look set to grow stronger with the right formula. Recording 1 million subscribers from launch last year in January, they can easily reach the same user ratios as Ecocash.
Earlier today at the launch of the Telecel Telesure Insurance product, the Telecel team unveiled a new telecash Android mobile app for their mobile money service, telecash. The application, which is available for download on the Google Play Store, gives telecash subscribers a faster and easier transaction option for the usual mobile money activities like […]