High Court sets EcoCash hearing date

The High Court on Wednesday set Friday as the date when it will hear the case in which the Reserve Bank of Zimbabwe (RBZ) ban on mobile money cash-in and cash-out services is being challenged.Cassava ...

By New Ziana | Published: 04 October 2019


Zimbabwe Reserve Bank bans mobile money agencies

In what analysts have described as a major blow to the advent of mobile money and financial inclusion, the Zimbabwean central bank has banned mobile money agencies from facilitating cash withdrawals o...

By Staff reporter | Published: 30 September 2019


Electronic transactions usage in remote areas surges

THE use of mobile and Internet-based transactions in remote areas has been on an upward trajectory with the generality of the country's populace embracing modern modes of payment.A snap survey in most...

By Staff reporter | Published: 30 December 2018


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


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


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


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


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


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


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


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


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


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


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


'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


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


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


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


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


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


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


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


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


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


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

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