Cabanga Magazine

Zimbabwe does not have sufficient numbers of the following facilities, capable of securing consumer confidence: Online Transaction Processing Systems. By this I refer to a simple software application that allows web consumers to purchase goods or services over the Internet, without the use of bank notes. These are more transaction oriented than credit rating oriented. I know of one such innovation, through the Zimbabwe Association of Inventors. One of our members developed an electronic wallet, which is currently going under scrutiny with our Reserve Bank. This product is not a duplication of western technology, but a literal new innovation. When it passes the test, it will transform eCommerce in Zimbabwe. Online Credit Rating. We are one of the few Literate countries which have not been affected or bulldozed by Visa or Master Card, in our credit rating systems. I believe that this is a good thing because it enables the birthing of our own credit rating processing Systems. The good new...

Featured Companies FoodWorld, OK, DST, eTranzact, PayPal and CABS Online Zimbabwe eCommerce in 2007 This year has brought in some improvement on the .CO.ZW cyberspace, as a few companies are now offering Online Transactions from their websites. Food World and OK, the chain supermarkets, both have online shopping facilities. eTranzact, PayPal, and CABS Online are strong on the Backbone of Zimbabwean Online Transaction Processing Systems. Despite being over politicized, eCommerce has taken off on a good note this year, because the most popular banks now have eBanking facilities, and the Zimbabwean Consumer now has external funds stored in banks outside our borders. Food to the Zimbabwean eWorld – www.foodworldzim.com Food World Chain Supermarkets has two mirrored websites that it uses for eCommerce purposes. They have a local .CO.ZW website and the above .COM website. The .COM website is the one that is connected to PayPal.com, one of the leading Online Payment Systems in the World, whic...

The following are some of the many marketing misconceptions that I would like to address in this book: Websites are Marketing Expenses. This is false, because a website is an investment. We live in the days of the Google Economy, where you even earn US$ for just reserving a portion of your website for Google AdSense, and in the days of Advertising Synergies. Not many people use the Internet. This is false, because Zimbabwean urban consumers are very technology oriented. There are more literate consumers in urban centers now, who have equal access to Internet – through Internet Cafes. The Computer Population is Zimbabwe is growing, especially the Laptops, whose owners want Internet access as soon as they buy them. Websites are for Internet presence only, because we cannot implement eCommerce in Zimbabwe. This is false, because websites are for consumers not your company, hence can be used for more than just your business card. eCommerce in Zimbabwe is transforming, with a few hiccups th...