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EcoCash Scam in Zimbabwe: How 11 Suspects Were Arrested and What the Case Reveals About Mobile Money Fraud in Africa
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February 9, 2026February 9, 2026Current affairs

EcoCash Scam in Zimbabwe: How 11 Suspects Were Arrested and What the Case Reveals About Mobile Money Fraud in Africa

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EcoCash Mobile Money Scam in Zimbabwe: Zimbabwean police have arrested 11 suspects in connection with a sophisticated mobile money fraud operation that targeted EcoCash users and merchants, in a case that has drawn attention to the growing risks surrounding digital financial services across Africa. The EcoCash scam in Zimbabwe involved coordinated manipulation of mobile money...

How Ecocash Doubled Its Revenue Despite Only a 35 Percent Rise in Transactions
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November 17, 2025November 25, 2025Business

How Ecocash Doubled Its Revenue Despite Only a 35 Percent Rise in Transactions

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Ecocash has recorded a sharp jump in revenue in recent reporting periods, surprising many observers because the platform only recorded about 35 percent growth in transaction volumes. At face value, this seems like a mismatch. However, a closer look at Ecocash’s financial strategy and product mix shows that the company has shifted its business model...