Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
The significance of The Ecocash mobile money service in fostering financial inclusion in the Zimbabwean informal sector
Dissertation (MSocSci (Development Studies))--University of Pretoria, 2022.
Saved in:
| Other Authors: | |
|---|---|
| Format: | Thesis |
| Language: | English |
| Published: |
University of Pretoria
2022
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613703759724544 |
|---|---|
| access_status_str | Open Access |
| author2 | Thebe, Vusilizwe |
| author_browse | Thebe, Vusilizwe |
| author_facet | Thebe, Vusilizwe |
| collection | Thesis |
| dc_rights_str_mv | © 2022 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Dissertation (MSocSci (Development Studies))--University of Pretoria, 2022. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/86221 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:40:22.099Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/86221 The significance of The Ecocash mobile money service in fostering financial inclusion in the Zimbabwean informal sector Thebe, Vusilizwe sean.muza764@gmail.com Muzanechita, Rindai S UCTD Mobile Money Informal Sector Financial Inclusion Financial Exclusion EcoCash Dissertation (MSocSci (Development Studies))--University of Pretoria, 2022. This research set out to assess the significance of the EcoCash mobile money service in fostering financial inclusion in the informal sector in Harare, Zimbabwe. Many individuals operating in the informal sector have been financially excluded because of a variety of factors. These range from lack of documentation to the cost of using formal financial services. The path to financial inclusion has been accompanied by initiatives designed to address all the systemic and institutional problems, at the same time advising individuals to overcome barriers at their personal level. Hence, the creation of mobile money services such as EcoCash Launched in 2011 by Econet, a telecommunications company, has given people in the Zimbabwean informal sector the chance to participate in Zimbabwe's mainstream financial economy. The main aim of financial inclusion is to cater for the poor and unbanked as this can be viewed as a catalyst to reduce poverty. A qualitative case study design was adopted for this research. The study site was Harare, Zimbabwe. The participants consisted of informal workers. The interviews schedule was the main data collection instrument, and this was supplemented with literature and document analysis. The study found that informal workers found EcoCash very important when it came to fostering financial inclusion. They identified EcoCash as a convenient service that assisted with carrying various financial transactions and this was more accepted because of how efficient and easy it was. Ease of use coupled with less bureaucracy when registering allowed for more informal workers to sign up for the service. The study also revealed that EcoCash is a digital wallet that allowed participants to store their money there and not keep physical cash at home which is not safe. However, one common thought that all participants addressed was that of transactional costs. Most informal workers are low-income earners, thus the cost of transacting for many of the participants has been expensive. This has presented some policy debates when it comes to regulating mobile money services due to their costly nature. Anthropology and Archaeology MSocSci (Development Studies) Unrestricted 2022-07-15T08:06:53Z 2022-07-15T08:06:53Z 2022-09-08 2022 Dissertation * S2022 https://repository.up.ac.za/handle/2263/86221 DOI: 10.25403/UPresearchdata.20292165 https://doi.org/10.25403/UPresearchdata.20292165 en © 2022 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Mobile Money Informal Sector Financial Inclusion Financial Exclusion EcoCash The significance of The Ecocash mobile money service in fostering financial inclusion in the Zimbabwean informal sector |
| title | The significance of The Ecocash mobile money service in fostering financial inclusion in the Zimbabwean informal sector |
| title_full | The significance of The Ecocash mobile money service in fostering financial inclusion in the Zimbabwean informal sector |
| title_fullStr | The significance of The Ecocash mobile money service in fostering financial inclusion in the Zimbabwean informal sector |
| title_full_unstemmed | The significance of The Ecocash mobile money service in fostering financial inclusion in the Zimbabwean informal sector |
| title_short | The significance of The Ecocash mobile money service in fostering financial inclusion in the Zimbabwean informal sector |
| title_sort | significance of the ecocash mobile money service in fostering financial inclusion in the zimbabwean informal sector |
| topic | UCTD Mobile Money Informal Sector Financial Inclusion Financial Exclusion EcoCash |
| url | https://repository.up.ac.za/handle/2263/86221 https://doi.org/10.25403/UPresearchdata.20292165 |