ECOCASH Holdings Zimbabwe Limited says it will hold a virtual extraordinary general meeting (EGM) on August 7 to approve a US$30 million rights issue. The rights issue will see the listed digital technology group offer existing shareholders the opportunity to subscribe for new shares at a discounted price. The proceeds of the rights issue, which…
EcoCash plans EGM to approve rights issue

The EcoCash promotion – whose slogan is: “Transact. Earn. Win.” captures the simple mechanics of how it works, essentially spurring customers to adopt digital technologies with the incentive of standing a chance to win utility prizes that impact their lives.