Leading digital money transfer service WorldRemit has launched low-cost online money transfers from South Africa to Zimbabwe.Using the WorldRemit app or website, Zimbabweans living in South Africa can...
AN illegal money changer from Emganwini suburb in Bulawayo lost more than US$4 000 to seven gun-totting robbers who raided his home while he was sleeping early yesterday morning. The suspects, who wer...
THE use of mobile and Internet-based transactions in remote areas has been on an upward trajectory with the generality of the country's populace embracing modern modes of payment.A snap survey in most...
ZANU-PF members in Bulawayo have raised concern over the continued existence of illegal foreign currency dealers they claim are now operating in secret to evade arrest, and called for the re-introduct...
THREE suspected money changers, all women, appeared in court yesterday for allegedly violating the country's Exchange Control regulations. Thelma Moyo, Chipo Muteswa and Rebecca Kurekwechuma appeared ...
ILLEGAL money changers in Bulawayo have devised new tricks to evade arrest following President Emmerson Mnangagwa's promulgation of new regulations that may see offenders being jailed for up to 10 yea...
THE Reserve Bank of Zimbabwe (RBZ) plans to flood the banking system with more transferable balances created through real time gross settlement (RTGS) intended to support gold exporters in a desperate...
First Money Microfinance Services (FMFS), a fintech with seven branches nationwide, has launched a debit card in partnership with StewardBank.The innovation called iSave debit card allows customers of...
MOBILE telecommunications firm, NetOne, says its mobile financial service - OneMoney - increased its active subscribers by more than 49% in the first quarter of the year, due to the increase in the us...
William Arthur Ward was an American who contributed a lot to the Reader's Digest. His main genres were inspirational maxims and meditations and poems. One of the things he said was: "A pessimist compl...
President Emmerson Mnangagwa yesterday acknowledged the worsening cash crisis and encouraged increased use of plastic money.Addressing mourners during the burial of the late national hero John Chimban...
Finance minister Patrick Chinamasa has blamed the police for failing to arrest unlicensed foreign currency traders saying there was a legal framework in place to curb the vice.This comes as the countr...
THE country's second largest mobile network service provider by subscriber base, NetOne, says up to one million subscribers are now transacting through its OneMoney mobile money platform.Chief executi...
THE Money Laundering and Proceeds of Crime Bill yesterday sailed through the National Assembly, with MPs suggesting that the legislation should deal with illegal foreign currency dealers.The Bill was ...
MDC-T breakaway faction leader, Thokozani Khupe, has threatened to approach the courts on an urgent basis seeking to bar her rival Nelson Chamisa from using the money he recently received under the Po...
ZIMBABWE Information and Communication Technologies (ZICT) has warned that an increasing number of vendors and small-to-medium scale enterprises are receiving fake messages of transactions on their mo...
GOVERNMENT says it is fast tracking the finalisation of the Money Laundering and Proceeds of Crime (Amendment) Bill meant to curb money laundering and plug mineral leakages in the country.Speaking in ...
Lucky subscribers of NetOne's mobile money service, OneMoney, have been paid back the money they used to pay school fees through the service, as part of a promotion being run by the mobile network ope...
With 96 percent of all transactions in Zimbabwe now being done on point-of-sale machines, mobile phones or through digital platforms, Zimbabwe is moving rapidly into what will be the norm for the 21st...
SOME schools in Mutare are resisting fees payments through mobile money transfers despite a directive by the parent ministry that they acquire merchant codes and cushion parents from the cash crisis, ...
GOVERNMENT, through the Judicial Services Commission, is finalising administrative mechanisms for establishment of the Commercial Court, which will prosecute offenders for commercial crimes, among the...
A LOCAL organisation says women who take loans from institutions have a high rate of paying back, as such, they are worth supporting financially.Natalie Goredema the director of a local company Moms A...
AFTER the release of Zanu-PF's list of aspiring candidates for parliament, we can now confirm that a record of fraud, crime and general crookedness is not a hurdle to one's political ambitions in the ...
Reserve Bank of Zimbabwe deputy governor Jesimen Chipika has accused illegal money changers of derailing regional financial integration efforts and promoting money laundering.Chipika made the remarks ...
When you live alone, you tend not to notice some financial issues. Indeed, you buy what you want, don't discuss your costs with anybody, and don't search for ways to save money unless you really need ...