BUSINESS NEWS

Zesa under fire over EcoCash purchases

THE Zimbabwe Electricity Supply Authority (Zesa) has increased its minimum EcoCash prepaid electricity token to $10 from $2, much to the chagrin of customers who say the hike caught them by surprise. ...

By Staff reporter | Published: 10 September 2018

TELECOMS & TECHNOLOGY

EcoCash charges further slashed

LEADING mobile telecommunications company Econet Wireless Zimbabwe has further lowered its EcoCash transaction tariffs with effect from August 1, 2018.In a notice issued yesterday, Econet said sending...

By Staff reporter | Published: 26 July 2018

OPINION

EcoCash crash shows the vulnerabilities of going cashless

Although mobile money has become the leading transaction platform in Zimbabwe, its weaknesses came into focus this week after the dominant EcoCash network in Zimbabwe went down for two days, and left ...

By Tawanda Karombo | Published: 05 July 2018

TELECOMS & TECHNOLOGY

EcoCash glitches: POTRAZ seeks answers

The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has engaged Econet to seek clarification over the breakdown of their mobile transaction platform that plunged business to a ...

By Staff reporter | Published: 04 July 2018

TELECOMS & TECHNOLOGY

EcoCash glitches leave thousands stranded

THOUSANDS of Econet customers have been stranded in recent days as the popular EcoCash mobile money transfer platform has been misfiring.Subscribers have been struggling to make payments via EcoCash s...

By Staff reporter | Published: 04 July 2018

TELECOMS & TECHNOLOGY

Econet payroll moved to Ecocash

ECONET Wireless Zimbabwe has started paying its staff through EcoCash in what the telecommunications giant says is to spare its employees from the hassle of spending time in bank queues.In a statement...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

Econet unveils EcoCash business wallet

Econet's mobile money service Ecocash, has unveiled the Ecocash Business Wallet to cater for both formal and informal businesses, becoming the first in Africa to have an enterprise transaction service...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

Econet blocks EcoCash lines

Econet Wireless has reportedly blocked agent lines for some of its clients over alleged hoarding and selling of cash. Affected Econet agents who spoke to The Herald in Kwekwe and Gweru said they were ...

By Staff reporter | Published: 11 June 2018

FINANCIAL SERVICES

EcoCash investigates unscrupulous agents

Econet is investigating claims that some EcoCash agents are offering cash outs at a premium.In a statement yesterday, Econet said it routinely did security checks on its agents to clamp down on the pr...

By Staff reporter | Published: 07 June 2018

TELECOMS & TECHNOLOGY

Swipe into EcoCash service available

ECONET Wireless Zimbabwe (Private) Limited, the parent company of EcoCash and Steward Bank, advised its customers and the transacting public on Tuesday that the Swipe into EcoCash service was availabl...

By Staff reporter | Published: 24 May 2018

TELECOMS & TECHNOLOGY

EcoCash linked to NetOne, Telecel numbers

ECOCASH's data application is now compatible with NetOne and Telecel numbers, a spokesman for the mobile money service told The Financial Gazette last week.He said holders of lines from other networks...

By Staff reporter | Published: 29 March 2018

TELECOMS & TECHNOLOGY

'EcoSure to eclipse EcoCash success'

ECONET'S Cassava Fintech group chief executive officer Darlington Mandivenga says its mobile insurance service, EcoSure, will in time eclipse EcoCash's current success.Last week, the Postal and Teleco...

By Staff reporter | Published: 21 March 2018

BUSINESS NEWS

Mandiwanzira moves to reduce EcoCash dominance

THE Minister of Information Communication Technology and Cyber Security, Supa Mandiwanzira, has moved to break Econet Wireless' domination of the mobile money payment market by setting a deadline by w...

By Staff reporter | Published: 01 March 2018

FINANCIAL SERVICES

StanChart riles depositors over Ecocash

STANDARD Chartered Bank has riled its depositors after taking long to integrate its system with Ecocash, to enable them to transact with others who do not have formal bank accounts.Ecocash is Econet W...

By Staff reporter | Published: 01 February 2018

INDUSTRIALS & ENERGY

EcoCash gets global accolades

ECONET Wireless Zimbabwe's leading mobile money and financial technology (FinTech) services provider EcoCash was this year honoured with multiple global and regional awards.The awards were in recognit...

By Staff reporter | Published: 07 December 2017

TRANSPORT & TOURISM

Ethiopian Airlines embrace mobile money payments

ETHIOPIAN Airlines, Africa's largest airline group, in partnership with Flocash, a leading Pan-African provider of electronic payment services has enabled online mobile payments on its website to allo...

By Staff reporter | Published: 21 September 2017

TELECOMS & TECHNOLOGY

Econet quashes social media rumours

LEADING mobile money transfer service, EcoCash owned by Econet Wireless Zimbabwe has quashed rumours circulating on social media that it is closing accounts holding balances above $1 000 and not regis...

By Staff reporter | Published: 12 September 2017

FINANCIAL SERVICES

Econet reduces MasterCard international limits

ECONET Wireless' mobile money transfer service EcoCash says it will be implementing international limit restrictions on its MasterCard debit card due to foreign currency challenges being experienced i...

By Staff reporter | Published: 16 August 2017

FINANCIAL SERVICES

EcoCash tightens transaction limit

Zimbabwe's cash crisis seems to be worsening every day, with Econet subsidiaries EcoCash and Steward Bank putting further restrictions on the foreign currency its customers can access for US dollar pa...

By Staff reporter | Published: 15 August 2017

TELECOMS & TECHNOLOGY

EcoCash carries out maintenance work

ECONET Wireless will carry out scheduled maintenance work on its mobile money transfer platform EcoCash over the weekend to optimise the system ahead of increased transaction volumes anticipated in th...

By Staff reporter | Published: 12 August 2017

FINANCIAL SERVICES

EcoCash dominance unsettles government

INFORMATION Communication Technology Minister Supa Mandiwanzira has expressed disquiet over Econet Wireless' dominance of the country's mobile money payments system saying this exposed the country to ...

By Staff reporter | Published: 10 August 2017

FINANCIAL SERVICES

MBCA, Econet in talks over Ecocash

FOREIGN-owned bank MBCA and the country's largest mobile network provider Econet Wireless Zimbabwe are finalising a deal which will see the bank integrate with the latter's mobile money platform EcoCa...

By Staff reporter | Published: 09 August 2017

FINANCIAL SERVICES

EcoCash reduces ATM withdrawals to $50

Econet Wireless Zimbabwe, mobile money service provider, EcoCash has reduced its international ATM withdrawal limits on its MasterCard Debit card to $50 a month, a tell-tale sign that the foreign curr...

By Staff reporter | Published: 04 August 2017

FINANCIAL SERVICES

EcoCash scales down debit card issuance

LISTED telecoms firm, Econet has scaled down the issuance of new debit cards for its mobile money service, EcoCash, in line with the central bank's directive to monitor foreign expenditure.Local finan...

By Staff reporter | Published: 31 July 2017

TELECOMS & TECHNOLOGY

Econet slashes EcoCash merchant payment fees

ECONET Wireless has reduced EcoCash tariffs on all merchant payments by up to 50 percent with effect from yesterday, to reduce cost of transacting on the payment platform.The reduction, Econet said, w...

By Staff reporter | Published: 04 July 2017
Pages:
1
2
3
4

Latest News

Latest Published Reports

Latest jobs