Zambia hints at fifth telco operator

A fifth telco
for Zambia?
Enough room says
industry regulator.

Friday, Feb 21st

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1. How The Hardworking Diaspora Are Supporting The Zimbabwean Economy
(Business Wire)
... has partnerships with development finance institutions, retailers, mobile money firms such as EcoCash and several banks including CBZ, ZB & Steward Bank and BancABC. From Victoria falls to Mutare, ...
Created on 05 February 2020
2. Massive surge in mobile money transactions in Zimbabwe
(Zimbabwe)
... previous quarter. The government's One Money's active subscriber grew 27. 8%, EcoCash had 6 707 225 and Telecash 54 399. EcoCash active subscriber base experienced a 1% growth from the previous quarter, ...
Created on 31 December 2019
3. NetOne focuses on data, mobile money services for growth
(Zimbabwe)
... However, Muchenje is on record as having said OneMoney has a target to overtake EcoCash in the two years' time. Local ICT expert Shingai Ndoro said, "NetOne is a business entity owned by the taxpayers. ...
Created on 27 November 2019
4. Zimbabwe reverses mobile money functionality freeze
(Zimbabwe)
Latest development follows EcoCash's recent legal action against directive. The Reserve Bank of Zimbabwe has rescinded its decision to ban cash-in and cash-out mobile money functionalities. The ...
Created on 03 October 2019
5. EcoCash seeks legal interdict against central bank directive
(Zimbabwe)
... the EcoCash mobile money platform in Zimbabwe is seeking an interdict against the government's decision, via the country's central bank, to halt cash-in and cash-out mobile money functionalities. While ...
Created on 01 October 2019
6. Zimbabwe curtails mobile wallet functionalities and cash-back
(Zimbabwe)
...  Curtailing cash-out and cash-in functionalities has been met with outrage locally and comes in the wake of further measures by fiscal and monetary authorities to curb illegal currency dealings. EcoCash ...
Created on 01 October 2019
7. Mobile money agents cash in on Zimbabwe's cash crunch
(Zimbabwe)
... John Mangudya said in the mid-term monetary policy review statement released Friday. Mobile money companies in Zimbabwe include EcoCash, run by Econet Wireless, One Money controlled by NetOne and Telecash ...
Created on 17 September 2019
8. EcoCash mobilises bureau de change service
(Zimbabwe)
Foreign currency component linked to mobile transfer platform. Zimbabwe mobile financial services platform, EcoCash has launched a bureau de change service in Harare. The exchange rate for USD ...
Created on 23 August 2019
9. Eskom deal gives Zim telcos some respite
(Zimbabwe)
... this is now expected to ease." In the past weeks, Zimbabwe has also suffered disruption to data, mobile money and telecom services on the Econet network. EcoCash is widely considered to be the biggest ...
Created on 22 August 2019
10. Africa is last growth frontier for FinTech companies
(Africa)
... services space on the continent. M-Pesa in Kenya remains the mobile money business case study of payment innovation in emerging markets. It was launched 12 years ago. In Southern Africa, EcoCash is ...
Created on 15 August 2019
11. MTN's fintech ambitions get Nigerian boost
(Nigeria)
... innovation in emerging markets. It was launched 12 years ago. In Southern Africa, EcoCash is a success story in Zimbabwe. It is a mobile payment platform hosted by local telco Econet. EcoCash and is ...
Created on 30 July 2019
12. Zimbabwe fumes over weekend Econet network outage
(Zimbabwe)
Retailers vent after EcoCash platform is also impacted. Amid continued power outages in Zimbabwe, Econet mobile network and Ecocash mobile money service experienced a blackout on Saturday 20 July ...
Created on 22 July 2019
13. Zimbabwe banks develop new payment platform as Paynet dispute continues
(Zimbabwe)
... setting up. After the fall-out with the banks, Paynet has partnered mobile money platforms EcoCash and One Money run by mobile network operators, Econet and NetOne respectively.  ...
Created on 08 July 2019
14. Strained capital investment impacts Econet
(Zimbabwe)
... Stock Exchange-listed FinTech group Cassava SmarTech Zimbabwe Limited last year. Cassava SmarTech is the holding company for Ecocash, Steward Bank, Steward Health and Econet Insurance. Meanwhile, Econet ...
Created on 04 July 2019
15. EcoCash looks to capitalise on Zim banks, Paynet dispute
(Zimbabwe)
Opportunity for EcoCash to expand into the salary payments category and broaden its revenue stream. Zimbabwe's mobile money service EcoCash is eyeing an opportunity as companies remain affected ...
Created on 19 June 2019
16. Lesotho plays e-commerce catchup with National Payments Switch plan
(Lesotho)
... serviced by the likes of Econet EcoCash and Vodacom's M-Pesa, the country does not have a functional national payments switch. The Central Bank of Lesotho is now governing the process to develop and ...
Created on 05 June 2019
17. Listed Zim telco, FinTech firms delay release of financials
(Zimbabwe)
... 2019, after receiving the go-ahead from the Zimbabwe Stock Exchange (ZSE). The companies, behind services EcoCash and Steward Bank, cited the shift in the country's currency regulations for the decision ...
Created on 05 June 2019
18. Cassava SmarTech to list on 18 December
(Zimbabwe)
... and Chibi was quoted as saying that the company's vision was always to emerge as a "fully-fledged smartech business", but a deliberate decision was taken to begin with the mobile money platform EcoCash, ...
Created on 14 December 2018
19. Minority shareholders mount challenge against Econet founder
(Zimbabwe)
... to unbundle and separately list the FinTech unit which houses mobile money service EcoCash under Cassava on 11 December 2018. An extraordinary general meeting of the company held on Thursday 29 November ...
Created on 29 November 2018
20. Cassva SmarTech to demerge from Econet
(Zimbabwe)
... business. Chibi added that the vision for the company has always been that of becoming a fully-fledged smartech business, but a deliberate decision was taken to start with EcoCash, the mobile money platform, ...
Created on 28 November 2018