Remittances look on course to breaking the US$1 billion and some change record that was set last year. According to the Reserve Bank of Zimbabwe’s (RBZ) Mid-Term Monetary Policy Statement, remittance figures are up by 73% at US$649 million from the US$374 million that was recorded over the same period last year. Inflows January to […]
Judging by social media posts as well as responses to the few articles Techzim has written about the EcoCash Rewards campaign, the promotion seems to be quite popular. The mobile money operator is now extending the loyalty programme to remittances into Zimbabwe. EcoCash is giving ‘a point’ for every USD2.00 that is received into the […]
EcoCash Diaspora allows users to remit money from outside the country back into Zim. Little known ,however, is the fact that not all Econet shops allow EcoCash subscribers to remit money in US$. There’s a select number of shops where people can remit in US$ and I’m sure having the information will be handy for […]
Free Basics & internet colonialism in Zim, Econet’s Chitoro,’O’ Level STEM, Facebook Classifieds – podcast
In this episode, we discuss the ban of Free Basics in India and the subsequent discussion on “internet colonialism” that was kicked up by Mark Andreesen; the EcoCash remittances strategy around Econet’s acquisition of Chitoro; Facebook Classifieds in Zimbabwe and how the Ordinary Level results are feeding into government’s drive for STEM.
This becomes the latest execution of Steward Bank’s branchless growth strategy, which was was first introduced a year ago and has been used as a cost-effective way to establish a presence in residential communities and peri-urban centres. The model has since been adopted by other local banks.
Chitoro, an international money transfer agency based in the UK, has just announced that it recently connected EcoCash to its receiving channel for diaspora payments targeting Zimbabwe.
After more than eighteen months, Econet has finally secured the go-ahead from the South African authorities to start an EcoCash Diaspora remittances service from South Africa to Zimbabwe
It has been reported that Zipcash the electronic money transfer and remittance service launched by postal service Zimpost has extended its service to Botswana. Zipcash was launched late last year and has been working on expanding the reach of its money remittance service. In May this year Zimpost announced its entry into West Africa and at […]