BUSINESS NEWS

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

TELECOMS & TECHNOLOGY

Telecel taps into retail sector

TELECOMMUNICATIONS firm Telecel says it is planning to tap into the retail sector as a new revenue stream.The company is already focusing its strategic direction on improved data services provision in...

By Staff reporter | Published: 22 July 2014

TELECOMS & TECHNOLOGY

Telecel introduces debit card

Telecel Zimbabwe has become the first mobile phone operator to issue debit cards for its Telecash subscribers after it introduced a debit card which can be used to pay for goods or for withdrawals.The...

By Business Reporter | Published: 21 July 2014

TELECOMS & TECHNOLOGY

TeleCash transactions top $15 million

Telecel Zimbabwe's mobile money transfer system, Telecash, has handled $15 million since its inception early this year as the company seeks to increase its visibility in the mobile money space.The loc...

By Staff reporter | Published: 03 July 2014

TELECOMS & TECHNOLOGY

Three insurance firms in Telecash agreement

Three more insurance companies - Old Mutual,  Zimnat and Nyaradzo - have signed agreements with Telecel Zimbabwe for the payment of insurance premiums using telecash, Telecel's mobile electronic ...

By Staff reporter | Published: 24 June 2014

TELECOMS & TECHNOLOGY

Mobile financial transactions up

Zimbabwe's mobile financial transactions grew by more than 55 percent in May reflecting confidence by the banking public in using the plastic money system.According to the Reserve Bank of Zimbabwe wee...

By Staff reporter | Published: 17 June 2014

TELECOMS & TECHNOLOGY

Telecash agents & merchants increases

The number of telecash agents and merchants that have signed up with Telecel now stands at more than 3 000, almost double the number that had been registered when telecash was launched at the end of J...

By Chengetai Chinembiri | Published: 28 May 2014

FINANCIAL SERVICES

Mobile money platforms can improve liquidity

Mobile money platforms can help boost liquidity by formalising financial transactions within the informal sector and the unbanked segment of the country's economy, research findings have revealed. A r...

By Staff reporter | Published: 25 April 2014

TELECOMS & TECHNOLOGY

Telecel partners City of Harare

Telecel has gone into a partnership with the Harare City Council that will allow ratepayers to pay the City Council bills using telecash.Telecash is the mobile money transfer service launched recently...

By Staff reporter | Published: 10 March 2014

TELECOMS & TECHNOLOGY

Telecash wins agents war with Ecocash

The Reserve Bank of Zimbabwe has barred mobile money agents from entering into exclusive agreements with individual mobile cash payment system operators, saying the move was meant to curb monopolies i...

By Staff reporter | Published: 03 March 2014

TELECOMS & TECHNOLOGY

Econet reignites Telecel hostility

Econet Wireless has reignited its protracted hostility with fierce rival Telecel Zimbabwe after barring its agents from doubling up as agents for rival mobile money transfer service, telecash. This fo...

By Staff reporter | Published: 12 February 2014

TELECOMS & TECHNOLOGY

FloCash opens Zim office

Another online payments company, FloCash, has announced the expansion of eCommerce payments services into Zimbabwe.This comes barely a week after PesaPal, a popular Eastern African internet payment ga...

By TechZim | Published: 10 February 2014

TELECOMS & TECHNOLOGY

PesaPal expanding into Zimbabwe

Kenyan internet payments startup PesaPal is expanding into Zimbabwe.Agosta Liko, the founder of the company, said recently their focus for the Zimbabwe entry is eCommerce, Tourism, Hotels, School fees...

By TechZim | Published: 10 February 2014

TELECOMS & TECHNOLOGY

Telecel embraces banks with telecash

TELECEL Zimbabwe says it has, from the outset, allowed all banks and other licensed operators to offer financial services to clients using its unstructured supplementary service data (USSD) mobile pla...

By Staff reporter | Published: 07 February 2014

TELECOMS & TECHNOLOGY

Zimbabwe mobile wars intensify

THE country's second largest mobile phone operator, Telecel Zimbabwe launched its mobile money transfer service Telecash in a move that is set to raise the stakes against the hugely popular Ecocash r...

By Business reporter | Published: 07 February 2014

TELECOMS & TECHNOLOGY

Telecel targets 60% subscribers on Telecash

TELECEL Zimbabwe is set to register over 60% of its subscribers on Telecash mobile money platform in the first six months of this year, a company official has said.Telecash is direct competition to Ec...

By Staff reporter | Published: 30 January 2014

TELECOMS & TECHNOLOGY

Telecel launches telecash, its mobile money service

Telecel today launched its electronic wallet service, telecash, which allows mobile phones to be used to send money to anyone with a mobile phone, regardless of network, and pay for groceries, bills, ...

By Staff reporter | Published: 29 January 2014

TELECOMS & TECHNOLOGY

Telecel's Telecash to rival Econet's EcoCash

TELECEL, Zimbabwe's second largest telecoms company, is expected to launch its new mobile money service in a week's time.Insiders refused to share any information with us because, "the Reserve Bank ...

By Staff reporter | Published: 01 November 2013
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