Tuesday, October 17, 2017

Ecocash controls over 90% of mobile money transactions

It is accurate to say that Ecocash has a monopoly on the mobile money market with more than 90% of all mobile money transactions happening on the Econet platform. These statistics were shared by Mr Chinoda of the Competition and Tariff Commission speaking at the Mobile Money and Digital Payment Conference. The Minister of ICT, […]

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Ecocash controls over 90% of mobile money transactions

#BreakingNews: Steward Bank Hangs MasterCard

Zimbabwe’s prevailing cash crisis has escalated, with queues noticeable at many banking halls in Harare, a survey done by Techunzipped can show. The governments last year introduced bond notes and it seems to be worsening the country cash crisis and causing panic withdrawals from banks, with nervous Zimbabweans overwhelming financial institutions in their anxious bid […]

The post #BreakingNews: Steward Bank Hangs MasterCard appeared first on Techunzipped News.

Forex trading now illegal, BAZ seeking 12 board members, Golix offering jobs in fintech

It has been gazetted that trading in forex on the black market will face arrest and your cash seized by the police. BAZ is in the process of selecting 12 individuals to be in the board. Golix has vacancies for people looking to work in a fintech company.

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Forex trading now illegal, BAZ seeking 12 board members, Golix offering jobs in fintech

Will the reduced tariffs affect Ecocash usage?

EcoCash-place

Price slash is always great news to any consumer, particularly if it’s a product that they use often. Likewise, there were celebrations yesterday as Econet made its mobile money tariff reduction announcement that would affect the millions of Zimbabweans that use EcoCash both as subscribed and non-subscribed customers. However instead of just celebrating, most couldn’t […]

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Will the reduced tariffs affect Ecocash usage?

African fintech startups have raised over $92M

Share this: More than 300 African fintech startups are active across the continent, disrupting the financial services landscape with innovative solutions that are attracting...

The EcoCash ecosystem numbers update (June 2017)

nathalie_jabangwe

Nathalie Jabangwe Morris, EcoCash Zimbabwe General Manager Today, at the announcement of the EcoCash and ZINARA tollgate integration, EcoCash Zimbabwe General Manager, Nathalie Jabangwe, noted some new milestone figures of the EcoCash ecosystem. The last time we posted these was in July 2016. 27,000 Merchants – This is up from 20,000 merchants last year. The 35% […]

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The EcoCash ecosystem numbers update (June 2017)

No Jamie Dimon, Bitcoin is no fraud! You either don’t understand it, or you...

Bitcoin

This post was written by a Guest Author. The views expressed in this article do not reflect those of Techzim but of the Guest Author. No Jamie Dimon, Bitcoin is no fraud. It’s either you don’t understand it, or you intend to deceive the people or both! When I talk about crypto-currencies, I often draw […]

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No Jamie Dimon, Bitcoin is no fraud! You either don’t understand it, or you intend to deceive the people!

Zimswitch explains ZIPIT outage yesterday

ZIPIT explains outage

Yesterday, the 25th of September 2017, ZIPIT (Zimswitch Instant Payment Interchange Technology) went offline and as the interbank transfer processor has grown in popularity, panic gripped the populace. The facility which connects over 20 banks is integral to most people’s transactions especially as more and more Zimbabweans use mobile banking and plastic money. As thousands […]

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Zimswitch explains ZIPIT outage yesterday

Is there a cartel forming in the financial services sector?

Speaking on regulating bank charges and mobile money tariffs, Mr D. Chinoda of the Competition and Tariff Commission first elaborated on the cash crisis in Zimbabwe giving possible reasons for it. He acknowledged the huge appetite for imports and underfunded nostros being some of the major reasons. With the cash crisis undeniable people have had […]

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Is there a cartel forming in the financial services sector?

WorldRemit and National Bank of Kenya partner on diaspora transfers

Share this: WorldRemit and the National Bank of Kenya have joined forces to expand remittance options for locals and those sending money to the country. The...

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Report Probes Social Media’s Threat to Democracy

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