Cassava Smartech Zimbabwe is changing its name to Ecocash Holdings to avoid confusion.
The tech group company announced the development stakeholders in a statement.
“In order to avoid confusion and to align the name of the Company with the Company’s main operating subsidiary, EcoCash (Private) Limited, the company shall seek a Special Resolution of Members at the next Annual General Meeting to change its name from Cassava Smartech Zimbabwe Limited to EcoCash Holdings Zimbabwe Limited,” reads the statement.
“Members are further advised that, pending the change of name approval at the next AGM, the directors have resolved that the Company shall use EcoCash.”
Cassava added that The Company has already secured the written consent of the Registrar of Companies to change its name to EcoCash Holdings Zimbabwe Limited, subject to the provisions of Section 26 of the Companies and Other Business Entities Act, [Chapter 24:31].
Cassava Smartech is a diversified smartech group, with a mandate to use digital solutions to drive socio-economic development, and to improve the overall quality of life for all Africans.