NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Friday, February 7, 2014

Over the past several days, the discussion in the mobile money space locally has been around a threatening SMS that Econet was accused of sending to their EcoCash agents, essentially telling them that becoming Telecash agents would be a bad move. The SMS, which was also sent to us by a number of people read:

Please note that the business will be closing all agent lines that have been polluted by our competitor starting Monday. The two can not mix. @Econet Wireless

The first report to go up on the issue was one by Bulawayo24, but we notice they took it down. There’s another one still live on iHarare though.