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Labrish
Nyuuz
EcoCash Holdings Scraps Name in CyberTech Shakeup
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[QUOTE="Munyaradzi Mafaro, post: 39731, member: 636"] The EcoCash mobile money service retains its current name under Econet Wireless Zimbabwe Limited. The former parent company, EcoCash Holdings Zimbabwe Limited, intends to rebrand as TN CyberTech Investments Holdings Limited. This holding company controls Steward Bank after recent ownership changes. TN Holdings Limited bought a controlling share of Steward Bank from the previous owners. Shareholders must approve the name change during a special meeting. EcoCash Holdings Zimbabwe Limited schedules an extraordinary general meeting for Friday, June 13, 2025. Company leaders will ask shareholders to vote on the proposed name change. The new title, TN CyberTech Investments Holdings Limited, reflects the controlling shareholder and future business plans. Board members believe that this rebrand serves the best interests of everyone. The decision comes after major corporate restructuring over the past year. Econet Wireless Zimbabwe acquired multiple financial technology companies from EcoCash Holdings in early 2024. These businesses included VAYA Technologies, Econet Insurance, Econet Life, MARS Zimbabwe, and Maisha Health Fund. Steward Bank remained under EcoCash Holdings Zimbabwe Limited's control throughout these transactions. The current company name creates public confusion with the EcoCash mobile money platform. Different ownership structures make separate names necessary for clear business identification. [/QUOTE]
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Nyuuz
EcoCash Holdings Scraps Name in CyberTech Shakeup
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