EcoCash

EcoCash, Zimbabwe’s largest mobile money platform, has slashed its US dollar transfer charges following the government’s reduction of the Intermediated Money Transfer Tax (IMTT) to 2%, down from 4% effective from January 01, 2023.
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Mars, Zimbabwe’s leading Emergency Medical Service provider, says it is now rewarding it top, selected EcoCash High Value Customers (HVCs) with free road and air ambulance services and Dial-A-Doc consultations.
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Police Commissioner- General Godwin Matanga in a statement recently instructed police officers to desist from causing unnecessary delays for motorists at roadblocks.
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The company, which last reviewed its charges in January, said it will increase its charges effective September 19, 2021.
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A-23-year-old Harare man last week admitted to duping various people using an Ecocash number registered in musician Trevor Dongo’s name and asking for sexual favours from his female Facebook followers.
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Econet has urged users of its mobile money platform, EcoCash to keep calm and ignore a statement from the government on Friday that said the money transfer service was banned.
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The Government has suspended mobile money platforms EcoCash, One Money and Telecash among others as well as trading on the Zimbabwe Stock Exchange until further notice.
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The Reserve Bank of Zimbabwe (RBZ) acted within its mandate when it suspended EcoCash mobile money agents from conducting financial transactions to curb abuse, the High Court has ruled, and so there can be no interdict stopping it from…
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EcoCash wants the High Court to stop the Reserve Bank of Zimbabwe (RBZ) from suspending mobile money agents from conducting financial transactions and restore full functionality to those affected.
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The Reserve Bank of Zimbabwe (RBZ) has closed an unspecified number of mobile money agent lines suspected to have been fuelling exchange rate volatility.
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