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Remain calm and keep transacting, EcoCash tells its customers
In a sudden and a hugely ill advised move, the government yesterday announced that they were suspending all mobile money transactions with immediate effect. As expected, EcoCash has responded. Here is...
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Kuhumana: Video of gvt official struggling to explain why they suspended EcoCash
Nick Mangwana, the Permanent Secretary in the Mimnistry of Information is the one whose signature was on the ridiculous statement that announced the ban on mobile money. Here is him tripping over his...
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Government bans EcoCash and other mobile money. Ok… So what are we supposed...
The government last night through Information Secretary Nick Mangwana decided to suspend all forms of mobile money. Now the reasons behind that decision aside, what does it mean for all of us who rely...
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Confusion, contradiction, lies – Breaking down the ban on EcoCash and others
Of course we will keep going to town about the most stupid decision announced by the Zimbabwean government ever. Scrutinising the statement that announced the suspension of all mobile money and the...
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Govt saves face, RBZ statement on EcoCash ban: reversing from the original plan
Yesterday the government through Nick Mangwana issued a statement declaring that mobile money was suspended with immediate effect. Naturally the public wasn’t happy and all three mobile...
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EcoCash is under threat – gvt to blame BUT underlying problem is...
Yesterday a colleague mentioned that they were denied using EcoCash at a service station. All other forms of payment were acceptable except EcoCash. This didn’t surprise me. First let’s make sure...
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Econet say Ecocash airtime and bundles recharge still being worked on
Yesterday Econet Wireless went dark nationwide. They seem to have restored services for calls and data. However, they are still working through issues with Ecocash airtime and bundles purchases...
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EcoCash & banks can’t magically create balances
A friend brought up a question recently, can’t a software developer at EcoCash just create a balance in their account. Then, said developer can go buy a shiny new Lamborghini Gallardo LP460? (I may be...
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Econet is back, normal service restored
Econet seems to have worked out all the issues they were experiencing. Last night there was a nationwide blackout of voice and data services. Econet had last night said that their technicians were...
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With a national switch on the way, EcoCash needs to focus on innovation now...
A few days ago, my colleague Tinashe wrote an article about EcoCash and the Econet group’s need to innovate build compelling products. Today the RBZ announced that ZimSwitch is going to assume the...
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Zimswitch: a quick refresher on what it is and what it does
The Reserve Bank this afternoon issued a statement that made Zimswitch the national payment switch. This means that EcoCash will be relegated to just being wallet and will have to use Zimswitch as the...
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Video: EcoCash to be integrated to Zimswitch. What does it mean?
RBZ announced that Zimswitch is now Zimbabwe’s national payment switch and that all monetary service providers are directed to integrate with it. What does this mean to me the customer? Quick NetOne,...
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Killing monopoly by creating a bigger monopoly, Zimswitch as national switch
Yes EcoCash is too dominant. It had above 98% share of all mobile money transactions in the first quarter of 2020 which translates to above 80% of all transactions in Zimbabwe period. The word...
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“ZANU PF commends gvt for allowing ‘EcoCash’ to be overseen by RBZ through...
The title of this article is a paraphrase of part of the statement issued by ZANU PF today commenting on the economy. Here is the actual excerpt: ZANU PF also wishes to commend government for the...
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Full Text: Veritas says banning of ZSE & Mobile Money illegal
Over the past month, Zimbabwe Stock Exchange and mobile money platforms have come under scrutiny from the government. This scrutiny came to a head when the Permanent Secretary of the Ministry of...
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Warrant permitting ZRP to raid Econet unconstitutional – Fadzayi Mahere
On Friday, the Magistrate’s court issued a search and seizure warrant giving the ZRP permission to raid Econet Wireless offices. The Criminal Investigation Department sought the warrant on the basis...
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Econet CEO – Issuance of search warrants one of the tools used by state to...
The court documentation filed by Econet as part of their Urgent Chamber Application to temporarily suspend the Magistrate Court’s decision to issue a Search and Seizure warranty to the ZRP makes for...
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EcoCash has increased tariffs
EcoCash has reviewed its pricing structure for their mobile money services. The new charges are as follows : Lower ValueZWL$Upper ValueZWL$IMT Tax(%)Tax on lower valueZWL$Tax on upper valueZWL$...
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No, you can’t send money from EcoCash to OneMoney yet
On the 9th of July, the Reserve Bank of Zimbabwe issued a directive that made ZimSwitch the national payments switch. This meant that EcoCash was going to be relegated to being just another wallet....
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Agent lines banned by RBZ as “they no longer serve any legitimate purpose”
Earlier today, the RBZ published the Monetary Policy Statement and there are a number of pretty shocking declarations. One of which is that agents lines are officially a thing of the past. The same...
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