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Markets/Equities/Technology/TNCI
ZSE / TECHNOLOGY / TNCI
Illustrative pricing · Stocks ZW
TN CYBERTECH INVESTMENTS HOLDINGS · ZSE : TNCI

TN CyberTech Investments Holdings

Cassava Smartech Zimbabwe Limited was founded in 2018 by Strive Masiyiwa as the fintech arm demerged from Econet Wireless Zimbabwe, and listed on the ZSE on 18 December 2018 by introduction, debuting at a valuation of r…

0.85ZWG-0.016 (-1.87%)· today
Latest resultsAll filings

Key statistics

Market capUSD 133.36 M
Shares outstanding4,195 M
Day range0.85 – 0.85
52-week range0.09 – 0.88
Volume0.01 M
Avg vol (30d)0.82 M
P / E (ttm)—
Dividend yield—
EPS (ttm)—
Beta (5Y)—
TNCI price (ZWG)·1Y · +296.02%·Download CSV
0.090.290.490.690.88
ZSE : TNCIZWG
0.85
▼ 1.87%
OverviewAbout & historyLeadershipAnnouncementsFinancialsInvestors
Founded 2012

TN CyberTech Investments Holdings

Cassava Smartech Zimbabwe Limited was founded in 2018 by Strive Masiyiwa as the fintech arm demerged from Econet Wireless Zimbabwe, and listed on the ZSE on 18 December 2018 by introduction, debuting at a valuation of r…

ehzlinvestor.com

Founded
2012
Listed
2018
Financial year end
February
ISIN
ZW0 00901243 7
Exchange
ZSE

Cassava Smartech Zimbabwe Limited was founded in 2018 by Strive Masiyiwa as the fintech arm demerged from Econet Wireless Zimbabwe, and listed on the ZSE on 18 December 2018 by introduction, debuting at a valuation of roughly US$3.8 billion under the code CSZL. The demerger separated Cassava's fintech businesses (including EcoCash mobile money and Steward Bank) from Econet's core telecoms operations. Trading was briefly suspended by the ZSE in October 2021 for failure to publish financial results on time, and lifted 18 days later once the company complied. Effective 25 February 2022, the company changed its name to EcoCash Holdings Zimbabwe Limited (ticker EHZL). In April 2024, EcoCash Holdings concluded a scheme of reconstruction transferring its fintech businesses – EcoCash (Private) Limited, Vaya Technologies, Econet Insurance, Econet Life and MARS Zimbabwe – to Econet Wireless Holdings Zimbabwe Limited. The listed shell was then renamed TN CyberTech Investments Holdings Limited (ticker TNCI), with the Registrar of Companies and the ZSE approving the change of name on 9 and 11 July 2025 respectively.

Corporate structure

Following the 2024 reconstruction, TN CyberTech Investments Holdings Limited (the ZSE-listed entity originally floated as Cassava Smartech) no longer directly holds the EcoCash, Vaya, Econet Insurance, Econet Life or MARS businesses, which now sit under Econet Wireless Holdings Zimbabwe Limited. The company's current business segments are reported as Mobile Money Services, Digital Banking Services, InsurTech Services and Other Services, reflecting residual and legacy interests as the group repositions under its new name and strategic direction.

No dated corporate timeline for TNCI yet. The company history above is drawn from the issuer’s own filings and published record.

Board & executive

Stewardship.

Composition of the board of directors and executive management team.

DTM
Dr T. Murefu
Chairperson
Dr T. Murefu serves as Chairperson of the Board of TN CyberTech Investments Holdings Limited (formerly EcoCash Holdings Zimbabwe / Cassava Smartech). No photo could be sourced from the company's website at the time of writing.
TN
Tawanda Nyambirai
Group Chief Executive Officer
Tawanda Nyambirai has served as Group Chief Executive Officer and Executive Director of the company (formerly EcoCash Holdings Zimbabwe, now TN CyberTech Investments Holdings Limited) since February 2025. No photo could be sourced from the company's website at the time of writing.
CM
Courage Mashavave
Deputy Group Chief Executive Officer
Courage Mashavave is the former Chief Executive Officer of TN CyberTech Bank, with more than 20 years of experience in the financial services industry across retail, corporate and investment banking, specialising in treasury, portfolio management and private banking. A Fellow of the Association of Chartered Certified Accountants, he has played a central role in digital transformation and innovation within Zimbabwe's banking sector.
GM
Godknows Mudzingwa
Group Operations Officer – Properties and Channel Strategy
Godknows Mudzingwa is an accomplished banking and financial services professional with a career spanning complex corporate transactions, including corporate turnarounds, mergers and acquisitions, capital raising, schemes of arrangement, share splits, stock exchange listings and delistings, and business valuations. He holds an MBA specialising in Financial Services and a Bachelor of Business Studies (Honours) in Finance and Banking from the University of Zimbabwe.
ETM
Elizabeth Tanyaradzwa Masiyiwa
Non-Executive Director
Elizabeth Tanyaradzwa Masiyiwa is a social entrepreneur and executive leader with a career spanning philanthropy, education and innovation. She serves as Executive Director and Special Advisor for Innovation and Strategy at Delta Philanthropies in London, is co-founder and director of Star Leadership Academy in Harare, and founder of Simba Education, a Johannesburg-based early-education startup; she previously worked as an analyst on UNICEF's Innovation Venture Fund.
RC
Roy Chimanikire
Non-Executive Director
Roy Chimanikire is a Chartered Accountant who spent 14 years at Deloitte, becoming a Partner, before serving as Group Chief Finance Officer of Econet Wireless Zimbabwe. He joined the TN CyberTech board in 2025.
RC
Rugare Chidembo
Non-Executive Director
Rugare Chidembo is founder and director of Narru Holdings (Pvt) Ltd, a family-owned business involved in property investments, consultancy and trade, and has held senior executive roles including Chief Operating Officer of Econet Wireless International and Managing Director of Econet Wireless (Pvt) Ltd. A Chartered Accountant with an MBA from the University of Zimbabwe, his earlier career includes Lonrho Africa and First Merchant Bank.
DM
Dominic Musengi
Independent Non-Executive Director (Deputy Chairperson)
Dominic Musengi serves as Deputy Chairperson of the board. He was retained as a non-executive director when the board was reconstituted in 2025 following the group's restructuring, having previously served on the Cassava Smartech / EcoCash Holdings board.
NGL
Nadine Gabi Levy
Independent Non-Executive Director
Nadine Gabi Levy is a consultant focused on strategic planning, business development and conflict resolution, with more than 20 years of experience in the financial services sector underpinned by a strong legal and compliance background. A former Structured Finance Specialist at ABSA Bank, she holds an LLB and BCom from the University of South Africa and is a registered legal practitioner and certified compliance officer.
EM
Evaristo Mudhikwa
Independent Non-Executive Director
Evaristo Mudhikwa was appointed to the board in 2025 following the group's restructuring, and was re-elected at the Seventh Annual General Meeting in September 2025.
MM
Morgen Mufowo
Non-Executive Director
Morgen Mufowo was appointed to the board in 2025 following the group's restructuring, and was re-elected at the Seventh Annual General Meeting in September 2025.
SENS · ZSE

Announcements & cautionaries.

Regulatory filings, dividend declarations and trading updates.

All filings →
RESULTS02 Sep 2026

H1 2026 Half Year Financials

INTERIM DIVIDEND NOTICE Dr. T. Murefu (Chairperson), Mr. T. Nyambirai* (Group Chief Executive Officer), Mr. G. Mudzingwa* (Group Operations Officer), Mr. R. Chidembo, Mr. R. Chimanikire, Mrs. N.G. Lev…

READ ANNOUNCEMENT
RESULTS02 Sep 2026

H1 2026 Half Year Financials

DIRECTORS Independent Non-Executive Directors: Dr. T. Murefu (Chairperson), Mrs. N.G. Levy, Mr. E. Mudhikwa, Mr. M. Mufowo, Mr. D. Musengi. Non-Executive Directors: Mr. R. Chidembo, Mr. R. Chimanikire…

READ ANNOUNCEMENT
CORPORATE19 Jun 2026

Y1 2025 Annual Report

2025 Integrated Annual Report The Future of Banking TN CyberTech Investments Holdings Limited is a technology Group that leverages digital and financial technologies to build shared economies, drive fin…

READ ANNOUNCEMENT
AGM11 Jun 2026

Y1 2025 AGM - Notices

NOTICE TO MEMBERS - ANNUAL GENERAL MEETING Dr. T. Murefu (Chairperson), Mr. T. Nyambirai* (Group Chief Executive Officer), Mr. G. Mudzingwa* (Group Operations Officer), Mr. R. Chidembo, Mr. R. Chimani…

READ ANNOUNCEMENT
Latest results highlights

Financial performance.

Source: company filings via the Stock Exchange News Service.

No annual financials on file for TNCI. Key statistics — P/E, EPS and dividend yield — are on the overview above where a quote is available.

Investor relations

Calendar & register.

Corporate calendar and the latest disclosed shareholder structure.

Financial calendar

02 Jul 2026
TN CyberTech Investments Holdings — Annual General Meeting
10:00