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Econet facing widespread service outage
You probably have spent most of the day toggling your phone’s airplane mode or restarting it to get it to work. Well, you are not alone. Econet is facing some system challenges that are affecting its...
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Econet, EcoCash looking to raise US$30.3 million each to pay back debt, hence...
A couple of years ago Econet Wireless and EcoCash Holdings called for an early redemption of debentures. That may sound like Greek to some but you can get the explainer here: Econet Wireless Zimbabwe...
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EcoCash, stop prompting people to check their USD balances and charging them...
Imagine this: you’re sitting at your desk at work, half concentrating on the job at hand as your mind is preoccupied by the lack of zeros in your bank account. Your account with the National Mattress...
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Econet says send money for free from South Africa and the UK
As we all know, Zimbabwe has never been more reliant on its children living outside the country. From January to October 2023, Zimbabwe received $1.47bn in remittances, an 8% increase over 2022. These...
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The new EcoCash app looks much better than its ancestor but bugs sully...
So, EcoCash finally updated its mobile app. Or rather they replaced it with a better app. The new app was launched today and is available on the App Store, Google Play Store and Huawei App Gallery....
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Remittances to Zim keep growing, govt and private sector trying to put them...
I don’t think it’s debatable that it is not sanctions or climate change that have hit Zimbabwe the hardest in the past few decades. Rather, brain drain has been our biggest enemy and will continue to...
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Wiremit partners with RIA to extend remittances to and from 190 countries
It seems like every other day we talk about remittances or a remittance company making a splash in Zimbabwe. Such is the importance of remittances in the country at the moment. The remittance space is...
View ArticleThe Real Threat To Starlink In Zimbabwe Isn’t Econet or Liquid
As someone who’s been knee-deep in Zimbabwe’s tech scene for years, I’ve seen my fair share of innovations come and go. But Starlink? I’m sure those who are avid readers of Techzim will forgive me as...
View ArticleRapid Innbucks Expansion As It Partners TM Pick n Pay… Eating at EcoCash...
2024 has turned out to be a year of aggressive expansion and experimentation for the Innbucks digital wallet and money transfer platform. The Simbisa brands owned fintech company announced today that...
View ArticleEcoCash is now integrated with all banks in Zimbabwe, it’s a bank-to-wallet...
There was a time when EcoCash and banks were in a cold war. At the time Zimbabwe had gone cashless and the fight for who got the transaction volumes raged a little too fiercely.EcoCash had taken the...
View ArticleEcoCash (Mobile Money Business) Sees Losses Despite 26% Revenue Growth
As you know, EcoCash was brought back under Econet a few months ago. This means the Econet Group now comprises the following segments:Mobile Network Operations: Mobile telecommunications and related...
View ArticleInnBucks ruins the KaOne deal, introduces withdrawal fee on top of monthly...
A few months ago, InnBucks, one of the biggest mobile money players in Zimbabwe, moved to a subscription model.They called it KaOne, and the new model saw users paying $1 a month for free unlimited...
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Starlink Introduces Installments for Kits, Starting At $16 A Month
Zimbabweans can now purchase Starlink Mini Kits on installment over 6 or 9 months. The option was introduced recently making it much easier for people to buy the satellite service for as little as...
View ArticleEconet COO Kezito Makuni Resigns as Leadership Changes Continue
Econet Wireless Zimbabwe has announced the departure of its Chief Operating Officer (COO), Kezito Makuni, effective February 28, 2025. After 16 years with the company, Makuni is leaving to “pursue...
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InnBucks Offers 1% Cashback on Funds Received from South Africa as Remittance...
This is what $2 billion gets you. The inbound remittance market was about $2 billion last year, and this is what you get when companies fight for a bigger piece of that pie.Here, InnBucks is offering...
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EcoCash’s 13-Cent Charge for Clicking a Button
Some two weeks ago, a friend, Tawanda Moyo, wrote an article breaking down a user experience flaw in the EcoCash app (it’s a great read especially from a technology and design point of view):An...
View ArticleEcoCash launches international money transfers from Zimbabwe to other...
EcoCash, Zimbabwe’s largest and leading fintech platform, has launched a new international money transfer service that allows customers to send money from Zimbabwe to several other countries.In a...
View ArticleInnbucks, with 3 Million Subscribers, Adopts New Tech Platform To Become A...
InnBucks is migrating its mobile mobile platform to a new technology provider called Mambu. According to a press release the move is “part of its transformation from a digital wallet solution to a...
View ArticleEconet 2025 Results: EcoCash Is Back, But Data Is the Real Cash Cow
Econet Wireless Zimbabwe has released its audited abridged financial results for the year ended 28 February 2025, and there’s plenty to unpack. Key Numbers (Inflation Adjusted)Revenue: ZWG 22.2 billion...
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