Recently Econet launched the Smart USD Bundles to combat the crazy priced rtgs bundles. The most attractive bundle on offer is the US$10 for 10GB which works out to be much more affordable compared to their cheapest rtgs Private Wifi bundle priced at ZWL $4 320. However, people have cried foul on Twitter firstly saying… Continue reading Econet Wireless Smart USD Bundle Users Cry Foul
Category: Business
Africa Wealth Report 2022: South Africa, Egypt, Nigeria, Morocco, and Kenya Account For More Than 50% Of Africa’s Total Wealth
The Africa Wealth Report published by Henley & Partners in collaboration with New World Health is the continent’s annual benchmark for private wealth research and is now in its 7th year, providing a comprehensive review of the wealth sector in Africa, including trends among HNWIs (high-net-worth individuals), the luxury market, and wealth management. According to… Continue reading Africa Wealth Report 2022: South Africa, Egypt, Nigeria, Morocco, and Kenya Account For More Than 50% Of Africa’s Total Wealth
The Connection Between Zimbabwe’s Bread Price Hikes And the Russia-Ukraine War
A lot of prices have been adjusted in Zimbabwe in recent weeks and the Russia-Ukraine war has been mentioned as a major reason. From fuel price hikes to mealie meal and most recently bread prices went up by 100%. Many people have been bushing the war off as a lame excuse and wondering what the… Continue reading The Connection Between Zimbabwe’s Bread Price Hikes And the Russia-Ukraine War
Elon Musk Buys Twitter For 44 Billion Dollars. What Next?
Twitter officially announced on Monday that it has accepted a 44 billion dollar offer made by Elon Musk to take the company private. This deal means that the world’s richest person will own the world’s most influential social media platform. So what changes can we expect to see on Twitter? Relaxing the rules to promote… Continue reading Elon Musk Buys Twitter For 44 Billion Dollars. What Next?
ZERA Increases Fuel Prices…Again
The Zimbabwe Energy Regulatory Authority (ZERA) has announced yet another fuel price increase due to “oil price patterns on the international market”. This development does not come as a shock to many because ZERA has revised the prices within short intervals before. As of today (25 April 2022) the ZWL prices are $264.77/litre for Diesel… Continue reading ZERA Increases Fuel Prices…Again
Telone Introduces USD Bonus Broadband Packages
Telone recently shared some exciting news for its customers when it announced that it will be offering US dollar bundles. The Telone Bonus Broadband Packages are quite affordable compared to the rtgs bundles they have had on offer. The prices are outlined on their flier as follows: Starter US$10: 40GB broadband data monthly and 20GB… Continue reading Telone Introduces USD Bonus Broadband Packages
Simbisa Brands Engages With RBZ To Reverse Innbucks Ban
The RBZ released a statement to the public notifying them that Innbucks has been ordered to seize operations as a money transfer service. Simbisa Brands has also released a statement on their Twitter account. In the statement, Simbisa Brands informs the public it is engaging with the RBZ in respect of Innbucks’ ADLA license. Simbisa… Continue reading Simbisa Brands Engages With RBZ To Reverse Innbucks Ban
RBZ Cracks Down On Innbucks, Metbank Limited And Rolink Finance
The Reserve Bank Of Zimbabwe (RBZ) has officially issued statements notifying the public that Innbucks, Metbank and Rolink Finance have violated a variety of regulations. Innbucks The RBZ has ceased Innbucks from operating as a money transfer service provider with immediate effect citing their inability to regulate the service as directed by the bank last… Continue reading RBZ Cracks Down On Innbucks, Metbank Limited And Rolink Finance
WATCH: Zambia-Based Zimbabwean Entrepreneur Creates An African Homegrown Alternative To MasterCard/Visa
Perseus Mlambo, a Zambia-based Zimbabwean entrepreneur in the field of technology founded Union 54 and to date, Union54 has raised US$15.1 million in seed capital. Union54 is a set of APIs (Application Programming Interfaces) to issue USD debit cards without needing a bank or a third-party processor. Issue cards to customers, employees, stakeholders or just… Continue reading WATCH: Zambia-Based Zimbabwean Entrepreneur Creates An African Homegrown Alternative To MasterCard/Visa
Standard Chartered Calling It Quits On Zimbabwe
The long-standing relationship between Standard Chartered and Zimbabwe is about to come to an end as the firm plans to leave Zimbabwe. Standard Chartered Group CEO Bill Winters announced that the firm will be exiting several countries in Africa and the Middle East in a bit to simplify its global structure. Which is a fancy… Continue reading Standard Chartered Calling It Quits On Zimbabwe
RBZ To Introduce $100 Bond Note
The Bond-USD rates are ever-increasing and with them a demand for higher dimensions of the bond note. The Reserve Bank Of Zimbabwe (RBZ) is set to release a 100 dollar bond note. A document is in circulation about the features that it will have. This development comes after RBZ announced new regulations by the Monetary… Continue reading RBZ To Introduce $100 Bond Note
Econet Introduces Smart USD Bundles: Zvaku Maker Sense
I’m sure we can all agree that bundle prices are insane. Econet (and other Internet Service Providers) have been having a price hike competition due to the ever-increasing Bond-USD exchange rates. The *143* USSD shortcode has a new option called Smart USD Bundles. This option has Voice, SMS, Data and COMBO bundle choices. The bundles… Continue reading Econet Introduces Smart USD Bundles: Zvaku Maker Sense
Elizabeth Masiyiwa Appointed On Econet Wireless Board Of Directors
Strive Masiyiwa’s daughter Elizabeth Masiyiwa is said to bring a wealth of experience to the Econet Wireless board of directors as she takes her place effective from the 1st of April 2022. The telecoms company made the announcement in a statement on their official website. Elizabeth has worked as a senior executive for various organisations… Continue reading Elizabeth Masiyiwa Appointed On Econet Wireless Board Of Directors
RBZ Liberates The Forex Market; Now Banks Can Buy USD From Individuals And Corporates
The Reserve Bank of Zimbabwe (RBZ) released a press statement on their social media platforms with the caption “Resolutions of the Monetary Policy Committee (MPC) Meeting held on 1st April 2022” In the statement, RBZ expressed being concerned about annual inflation that has risen from 66.11% to 72.70%. The Monetary Policy Committee (MPC) also noted… Continue reading RBZ Liberates The Forex Market; Now Banks Can Buy USD From Individuals And Corporates
Elon Musk Purchases Huge Stake In Twitter And Then Alleges The Platform Does Not Adhere To Free Speech Principles
Tesla CEO Elon Musk has bought a 9,2% stake in Twitter which is said to have a USD$3 billion holding value. Recently Elon Musk has been voicing concerns that Twitter is failing to adhere to free speech principles. On March 25, he conducted a poll on Twitter asking his followers if they believe that Twitter… Continue reading Elon Musk Purchases Huge Stake In Twitter And Then Alleges The Platform Does Not Adhere To Free Speech Principles
OPPORTUNITY: Zim Start Ups Apply For Game Changers Zimbabwe Business Fund
30 Zimbabwean start-up businesses (15 male and 15 female) have the opportunity of getting up to USD$50 000 in business funding to secure an investment, mentorship and a full-stack business support system. Game Changers Zimbabwe aims to develop Zimbabwe through empowering a new generation of Zimbabwean youth entrepreneurs with equity investments, mentorship and advisory support.… Continue reading OPPORTUNITY: Zim Start Ups Apply For Game Changers Zimbabwe Business Fund
Telone Now Selling Zesa Prepaid Meters. How Are The Two Companies Connected?
Telone has announced through its Twitter page that it will now be selling prepaid ZESA meters. The telecommunications company Tweeted: “Tired of the utility hustle. Ensure you get to pay electricity upfront with our TelOne prepaid meters #ThefutureIsBetterTogether” Could this be an April Fools trick? Because how are the two companies even related? Suppose Telone… Continue reading Telone Now Selling Zesa Prepaid Meters. How Are The Two Companies Connected?
Simbisa Brands Reports 54% Revenue Growth
Almost everyone in Zimbabwe is familiar with the brand names “Chicken Inn”, “Pizza Inn”, “Fish Inn”, “Rocco Mamma”, “Creamy Inn”, “Ocean Basket”, “Bakers Inn”, “Steers” “Nando’s”, all under Simbisa Brands. Simbisa formerly known as Innscor revenues rose by 54% ($16.9 billion) during the half-year ended December 31, 2021. The group said it would focus on… Continue reading Simbisa Brands Reports 54% Revenue Growth
EVENT: Meet The Caterer Expo
If you’re looking to have an event and you would like to find an appropriate caterer, there’s an event on Sunday in Harare that will help you to do just that. The “Meet The Caterer Expo” under the theme “Caterer Meets Client” will be held on Sunday the 27th of March 2022 at Prince Edward… Continue reading EVENT: Meet The Caterer Expo
Yanaya Makes Big Moves; Products Now Available At PicknPay, To Launch Branch In Bulawayo
Yanaya came on to our radars as an exclusively healthy food option for Zimbabweans. Healthy freaks celebrated and the rest of us were like “Huh, what is a bunless burger?” The Yanaya brand has grown since its launch in…… They have really shown Zimbabweans that food can be healthy, tasty and most of all affordable.… Continue reading Yanaya Makes Big Moves; Products Now Available At PicknPay, To Launch Branch In Bulawayo