Technology
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Strive Masiyiwa Grows Business Empire
Strive Masiyiwa, Econet Wireless founder, this week consolidated his position as one of Zimbabwe’s richest investors after his fintech company, Cassava Smartech (CSZL), became the most valuable counter by market value on the Zimbabwe Stock Exchange (ZSE) when the company listed on the ZSE through an initial public offering. Masiyiwa, whose Econet Wireless Global group controls…
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KCB M-Pesa Users Now Able to Get Top Up Loans
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…
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Deep Dive into the Revamped KCB M-Pesa Facility
Digital mobile lending in Kenya is a space that is ever-growing, whether the motivation is to push for financial inclusion or to simply provide a service in a neglected space, what’s constant is that the sector is ever-growing. As of September this year, there were over 50 mobile loan facilities, including M-Shwari and KCB M-Pesa. A report by FSD…
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MTN Group Appoints New 5 Executives
MTN Group has announced the appointment of several executives, including the position of Chief Technology & Information Officer and Executive for Corporate Services & Sustainability. Charles Molapisi has been appointed as the company’s Group Chief Technology and Information Officer, effective 1 January 2019. His appointment follows Babak Fouladi’s resignation from the company to take up…
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DStv Opens up Premium Channels for the Festive Season
Ho! Ho! Ho! Merry Christmas…Guess what? DStv is giving lower-tiered subscribers an early Christmas gift by opening up some of the premium channels during the end-of-year and beginning-of-2019 festive period. From Tuesday, 18 December until Friday, 4 January 2019, SuperSport 1 (DStv 201) is being made available to DStv Compact Plus, DStv Compact, DStv Family,…
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Naspers Leads R7.7-Billion Investment in Indian Tech Startup
Naspers and Canada’s state pension fund have invested $540 million (R7.77 billion) in Indian educational technology startup Byju’s. Bengaluru-based Byju’s launched a learning app in 2015 that offers tools for school students in India, a country with the world’s largest number of children in primary education. The latest investment values the firm at around $3.6…
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BMW’s Premium Online Ride-hailing Service Launched in China
BMW has joined a handful of automakers to compete with transportation upstart Didi Chuxing, which bought Uber’s Chinese business in 2016. BMW has become one of the first foreign companies to be granted a ride-hailing operating license in China. Last Friday, the German luxury carmaker launched a premium ride-hailing service in Chengdu, the capital of China’s Sichuan…
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Cassava Smartech Zimbabwe Listing on Tomorrow, December 18
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,…
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Digital Transformation and Innovation Take Spotlight on World Tourism Day 2018
World Tourism Day 2018 was observed in Budapest, Hungary on 27 September 2018 with the official celebration focusing on the digital transformation in tourism, a World Tourism Organisation (UNWTO) priority. The event examined how investment in new technology provides the sector with opportunities for innovation. Introducing a new seminar-based format, the official celebration provided crucial…
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GMB providing shoddy services to farmers in time
By Patricia Mashiri The Zimbabwe Grain Marketing Board (GMB) is failing to deliver services to farmers throughout the country. This is evidenced by the late delivery of inputs from the Presidential Scheme that were supposed to have been delivered to the farmers countrywide. The inputs comprise of 10kg maize seed, 50kg Compound D fertilizer, 50…
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Netone launches OneCover and OneTech to transform lives for better
By Byron Mutingwende One of the leading mobile telephony service providers, NetOne is set to transform the lives of the generality of the Zimbabwean population following its launch of two important products namely OneCover and OneTech. Speaking during the launch in Harare on 17 August 2017, Brian Mutandiro, the NetOne Acting Chief Executive…
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Green initiative to steer industrial transformation
By Byron Mutingwende The United Nations Industrial Development Organisation (UNIDO), the Government of Zimbabwe and the Business Council for Sustainable Development of Zimbabwe (BCSDZ) are partnering in pursuit of a Green Industry Initiative to promote industrial energy efficiency and embrace renewable energy for productive use. It has emerged that despite the existing knowledge on energy…
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Hivos launches creative space report
By Kundai Marunya Hivos is set to launch a research on creative spaces as a way of fostering activism and civic engagement at the Pamberi Trust Gardens next Thursday. The report which has the now defunct Book Café as a case study was commissioned some three years ago. “In 2012 Hivos commissioned a research study…
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Innovation Baraza Fair on this Friday
Nearly forty (40) innovative ideas beat out hundreds of competitors, across sectors, to be represented at the Innovation Baraza Fair to be held on Friday July 10th at the Baraza Pavilion in Tynwald, Harare. Organizers announced last week that the successful ideas include innovations in the agriculture, finance, health, resource management, infrastructure, community, retail, and…
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Tuku speaks against Xenophobia
Superstar Oliver ‘Tuku’ Mtukudzi has castigated the xenophobic violence that has spread across South Africa claiming at least seven lives. Several thousands of foreign nationals, Zimbabweans among them have been displaced from their homes to find shelter at camps set up across South Africa in fear for their lives. In a media release, Tuku said…