0
Wireless

EcoCash sells micro-finance bonds from Untu Capital

Friday 12 January 2018 | 11:31 CET | News
Zimbabwean money transfer service EcoCash has partnered a local micro-finance company to allow the public to participate in the purchase of tradeable bonds, set to raise USD 1 million in debt financing for start-ups and small businesses. EcoCash customers can purchase the bonds, issued by Untu Capital and called U-Gain, via their mobile phones from USD 50 from the Financial Securities Exchange.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Econet Wireless
Countries: Zimbabwe
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Zimbabwean mobile money subscriptions rise 42.5% in 2017 after cash liquidity crisis

Published 19 Mar 2018 09:52 CET | Zimbabwe
The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) says the total number of active mobile money ...

Steward Bank offers Kwenga system for tiny mobile transactions in Zimbabwe

Published 31 Jan 2018 11:28 CET | Zimbabwe
Steward Bank has launched a mobile payment system in Zimbabwe that allows informal traders and small to medium-sized enterprises ...

Wangu mobile advertising service teams up with TelOne and NetOne

Published 16 Jan 2018 11:09 CET | Zimbabwe
A new web platform called Wangu (Mine) is being launched to connect Zimbabweans with millions of compatriots in the Diaspora, ...

Econet's EcoCash integrates with MBCA Bank

Published 15 Nov 2017 09:38 CET | Zimbabwe
Econet Wireless Zimbabwe's mobile money service, EcoCash, has integrated with MBCA Bank, bringing the number of banks directly ...

NetOne launches OneMoney platform in Bulawayo

Published 13 Nov 2017 10:35 CET | Zimbabwe
Zimbabwean operator NetOne has extended the rebranding of its OneWallet mobile money service as OneMoney to Bulawayo, reports ...

Econet denies demanding cash only from bulk airtime vendors

Published 25 Oct 2017 13:33 CET | Zimbabwe
Econet Wireless is demanding cash payments only from its bulk airtime dealers, as the country faces a crippling cash crisis, ...

NetOne set to launch mobile money, debit card

Published 12 Oct 2017 07:46 CET | Zimbabwe
Zimbabwean operator NetOne is set to introduce its mobile money service and a Zimswitch-enabled debit card by end of October, as ...





EUR 16.20
Blended ARPU
Spain  |  2017 Q4