Harare, Zimbabwe – EcoCash, Cassava Smartech Zimbabwe’s mobile money Fintech business, has partnered with Cassava Fintech South Africa to provide an enhanced cross-border money transfer service from South Africa to Zimbabwe. Announcing the launch of the service, Cassava Fintech International Group Chief Executive Officer Mr Darlington Mandivenga said he was confident the service would do…
MTN Uganda has today announced that it has completed (the final) Phase 3 which has seen UTL being switched on, making MTN the first telco in Uganda to fully comply with the Bank of Uganda initiative. This year 2017, Bank of Uganda directed all Mobile Money operations in Uganda to be interoperable between the telecommunications…
Users of KCB M-Pesa will now get top-up loans, enabling customers to borrow several times within the credit limit assigned to them without being required to first clear outstanding balances. This is an upgrade to the old KCB-M-Pesa system where borrowers could only take another loan after clearing the outstanding balances. The top-up capability is…
Econet Wireless Zimbabwe’s fintech business Cassava Smartech Zimbabwe Limited (CSZL) will be listed on the Zimbabwe Stock Exchange (ZSE) tomorrow. This comes after regulatory approvals to spin off the telecoms giant’s smart technology and financial technology businesses under a new holding company CSZL. The company controls 100 percent of Steward Bank, 100 percent EcoCash Limited,…
By Byron Mutingwende The launch of Econet’s “Swipe into Ecocash” facility today (Wednesday 25 October 2017) is set to improve financial inclusion among Zimbabweans battling a crippling liquidity crisis. Natalie Jabangwe-Morris, the Ecocash Manager, speaking during the launch said Ecocash is indeed Zimbabwe’s largest mobile money platform, driving 98 per cent of mobile…
By Patricia Mashiri and Byron Mutingwende In an effort to promote financial inclusion among people with disabilities (PWDs) and afford them quality health services, the Reserve Bank of Zimbabwe (RBZ), the Adult Rape Clinic (ARC) and Miracle Missions partnered to capacitate this excluded group. In her speech at the networking meeting with PWDs held at…
