by MARCUS MUSHONGA
HARARE – THE Zimbabwe Stock Exchange (ZSE) has approved the listing of TN CyberTech Investments Holdings, following its name change from Ecocash Holdings Zimbabwe.
Monday next week is the expected date of commencement of trade under the new name.
Zimbabwe’s Registrar of Companies issued a change of name certificate on July 9.
On July 11, last Friday, the ZSE approved the change, with a ZSE code: TNCI and ISIN: ZW 000 901 250 2.
“The expected date of commencement of trade under the new name is Monday 21 July 2025,” Godknows Mudzingwa, EcoCash Holdings Executive Director, stated.
The official explained that for a period of one year after the effective date, in accordance with the ZSE listings requirements, the company will reflect the former name on all documents of title and circulars issued by the company.
Therefore, all the existing share certificates in issue bearing the former name of EcoCash will continue to be effective and valid evidence of legal title to the shares and will continue to be valid for trading, settlement, registration and delivery purposes.
That is according to Mudzingwa.
“Accordingly, there would not be any arrangement for exchange of the existing share certificates for new share certificates bearing the new name of the company.”
TN is an abbreviation for Tawanda Nyambirai, the leading banker at the helm of the renamed company.
In a related development, Nyambirai said as they seek to build the neobank (digital bank), they would be carrying out third party evaluation and certification of all the company’s existing tech platforms.
“They must be fit for purpose,” he stated.
“The architecture must meet world class standards. The customer touch points must deliver memorable experiences to our customers.”
Nyambirai has set aside 2,5 percent of the bank’s shares as an incentive for employees that excel in customer service.
He earlier this year assumed control of EcoCash from Econet Wireless, through his Steward Bank.
– CAJ News