Techzim

Zimbabwe and regional technology news and updates

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RECHARGE


Cassava records ZWL$4.6 billion in revenue for year ending February 2020

Mobile Money and Banking were the key drivers to Cassava raking in ZWL$4.6 billion in revenue


Cassava SmartTech Listed On The Zimbabwe Stock Exchange

The demerger process of Econet Wireless Zimbabwe and Cassava SmartTech is finally complete. Cassava SmartTech (CSZL) closed the day with a share price of $1.49 which is quite high once you consider that this is also challenging its ‘sister’ company and ZSE titan – Econet ($1.45). A Timeline of the Econet and Cassava Demerger Econet […]


Vaya Launching In Gweru Later This Week

Harare and Bulawayo are usually the places where most things in tech happen. Or at least that’s what most of us have been socialised to think. Well the duopoly of these two major cities getting all the good stuff seems to be coming to a close, as Cassava SmartTech is launching their Vaya ride-hailing service […]


Why Econet Should NOT Be Allowed To Create A Vaya Bundle Or Zero Rate Vaya

Some folks have been calling for a Vaya bundle or for Vaya to be zero rated. The drivers mostly were calling for this. This is water that has to be treaded carefully. Lets’s start by clarifying a misconception: Nothing wrong with monopoly or dominance There is a misconception that exists out there. A lot of […]


Vaya Lift No Longer The Cheapest Ride Hailing Service

Last night Cassava SmartTech shifted the pricing structure for their Vaya Lift application. When they came on to the scene many of us were pleasantly surprised by the fact that they were the most affordable option in the market. It’s not usually the case that Econet’s products are known for being cheaper than the competition. […]


EcoSure Moves Into Educational Insurance

So over the past few months EcoSure has been making headlines with their recently launched EcoSure Moovah motor insurance cover. It seems they are not stopping and they are looking to end the year with a bang as they are launching a new insurance product focused on education. So what’s enda about? Cassava Smartech CEO, […]


Here Are The Businesses Cassava SmartTech Will Be Focusing On After Separating From Econet

Cassava SmartTech is about to become more of a household name as the company will no longer be under the shadow of the Econet Group instead becoming a standalone entity that is listed on the Zimbabwe Stock Exchange. A big question many will have is, “so what will this Cassava focus on?” Well, that’s not […]


Cassava SmartTech Contributed To 39% Of Econet’s Revenues From February To August

If you’ve been following the news you’ll probably know that Econet Wireless is unbundling with Cassava SmartTech and if the Econet Wireless Zimbabwe half-year financial results are anything to go by then it seems the company is raking in dollars. Cassava SmartTech’s revenue for the first 6 months of Econet’s most recent financial year (February […]


The Econet Demerger In 3 Simple Diagrams

So as we have already reported in an earlier article: Econet is going ahead with its demerger. The process is quite technical and we are here to do the hand holding. Nothing says simple like a picture so below are diagrams showing exactily what is going to happen to Econet.The de-merger is a multi-step process […]


Econet Going Ahead With Separating Baskets And Eggs: Cassava SmartTech To Be Listed By December 11

Econet has sent out a circular to investors informing them of the roadmap for their spin off  Cassava SmartTech. If everything goes to plan the separation will take about a month and Cassava SmartTech Limited should be listed on the Zimbabwe Stock Exchange on Tuesday 11 December 2018. Background Back in September Econet released a […]