According to TechZim, Telecel Zimbabwe’s mobile money service, Telecash, will finally be launched in Harare this week. The service, which we’re told will launch without fail this time, was initially scheduled to launch in the 4th quarter of 2013 but faced serious delays. The Telecash product is a result of Telecel realising how big a
Back in December 2010, when the eCommerce opportunity in Zimbabwe was all but invisible, a startup launched with a name all too obvious – zimazon.co.zw. They were going to be the Amazon.com of Zimbabwe and the market not being ready with things like payment systems wasn’t going to stop them. Their bet was on cash on
A few days ago, TechZim broke the news that Econet and the banks are finally warming to each other on the issue of banks being granted access to Econet subscribers so they also provide mobile money transfer service to them. The banks are not completely happy yet, but integration talks are on and some of
Cambria Africa says it is excited by the prospects of the Millchem and Payserv businesses, which are being rolled out regionally. The two business units have made good progress and achieved significant milestones in their regional expansion. The latest update shows that, with the focus on Millchem and Payserv, Cambria is now looking forward positively
Zipcash, the money transfer service from Zimpost is reported to have earned $300,000 in commissions during the period between October and December 2013 according to reports in the Herald. The state owned postal service company (Zimpost) launched Zipcash in October 2013 as a replacement or upgrade of the traditional money order system that was in
The Zimbabwean Government has decided to implement a tax on all mobile money users. The five cent tax will be charged on all transactions and will allow the government to track mobile money usage in Zimbabwe in a similar way to the transaction tax collected on all ATM withdrawals and banking transactions. The new tax
Zimbabwean e-commerce startup Zimbogini officially launched a revamped e-commerce website with new features at an event held in Harare towards the end of last year. Although Zimbogini has been around for a while now, the (re)launch was primarily centred around the new payment features and partners they now have on board. Zimbogini.com is now vPayments
First, congratulations to the EcoCash team for winning the AfricaCom Best Mobile Money award. No doubt a few heads have turned towards Zimbabwe and we appreciate it. Congratulations as well to NetOne for the OneWallet re-launch. We hold our breath as we await Telecel’s Telecash launch. There has been quite some hype surrounding Telecash’s mobile
Just a few days ago we came upon a Karbonn Smart booth at a CABS bank branch in Harare. On enquiring from the agent we learned that the distributor of the Karbonn devices locally, Solid Ground, have partnered CABS to go after the the civil servants market through providing mobile devices on friendly credit terms.
Econet Wireless announced that subscribers to their Ecocash Save mobile banking service have now reached 900,000. 50,000 more than subscribers to typical brick and mortar banking services in Zimbabwe combined. The announcement was made in the same release announcing that Ecocash Save will start lending cash to subscriber in early 2014. The numbers are no
