Stanbic Bank has launched a new low-cost transactional account set to benefit most unbanked individuals including university students and sole traders as the institution complements the Reserve Bank of Zimbabwe (RBZ)’s focus on financial inclusion. The account is aptly named BluEase, depicting the level in which
The government has defended its latest move to ban Ecocash cash in and cash out transactions saying they had to protect innocent citizens against people who were abusing the platform to fatten their pockets. Yesterday the Reserve Bank of Zimbabwe (RBZ) banned all cash-in, cash-out and
Villagers in Makoni District say the little faith they still had for the banking system has since varnished as the country’s cash crisis continues to bite amid escalating bank rates both In the formal and informal market. Early in the year, the government introduced measures to
The multimillion dollar ‘ChakaChaya neEcoCash’ promotion is back. Now in its third successive year, this year’s promotion is offering more prizes, including cash, houses, a Cape Town cruise, property stands, goats and cows – not to mention a trip for two to the Africa Cup of
The Reserve Bank of Zimbabwe (RBZ) has hailed Econet Wireless' flagship company EcoCash for facilitating financial inclusion and raising the country's flag high regionally and internationally. Addressing stakeholders at the Cassava Smartech Zimbabwe listing on the Zimbabwe Stock Exchange today, Reserve Bank of Zimbabwe Deputy Governor, Dr
The vision behind Cassava Smartech is to create a technology company similar to China’s Tencent, according to Cassava Group CEO, Mr Darlington Mandivenga. Tencent, one of the largest companies in the world, is a corporate behemoth with a market capitalization, at its peak, of over US$700
Cassava may not yet be a household name in Zimbabwe, but over the next few weeks Cassava is set to become one of the largest companies in the country. The company, best known through its numerous brands that for years have been part of Econet’s products
Econet Wireless has taken its fight against Cholera to a new level by shifting the focus from an emergency response to a sustained, collaborative campaign aimed at preventing future outbreaks of the epidemic. Speaking at the launch of what the company calls the “Arise and Shine”
Econet Wireless Zimbabwe yesterday reached a major milestone after completing 20 years since its shares were listed and first publicly traded on the Zimbabwe Stock Exchange (ZSE); a month after Zimbabwe’s biggest mobile network also became the largest company on the local bourse by market
Newly appointed Minister of Finance, Professor Mthuli Ncube has embarked on a listening and consulting roadshow with stakeholders, starting with a private meeting with captains of industry. Professor Ncube met with fifty chief executive officers of the leading businesses in Zimbabwe to consult and listen to
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