BUSINESS NEWS

Zinara launches flexible payment plan for motorists in arrears

The Zimbabwe National Road Administration (ZINARA) has introduced a flexible payment plan to help vehicle owners clear outstanding licensing arrears and penalties while keeping their vehicles licensed...

By Staff reporter | Published: 15 October 2025

BUSINESS NEWS

RBZ, Ministry collide over platinum miners' payments

The Ministry of Finance, Economic Development and Investment Promotion is under pressure to meet local currency obligations owed to platinum exporters, as a US$400 million Afreximbank loan weighs hea...

By Staff reporter | Published: 03 October 2025

BUSINESS NEWS

Zimbabwe govt pledges timely wheat payments

The government has vowed to pay all wheat farmers on time this season to secure grain supplies and help producers prepare for the next planting cycle.Lands and Agriculture Minister Dr Anxious Masuka s...

By Staff reporter | Published: 14 August 2025

BUSINESS NEWS

Edgars Zimbabwe customers seek longer payment plans

Clothing retailer Edgars Stores Limited says more of its customers are increasingly requesting longer payment periods of up to nine months to settle their clothing purchases, a clear reflection of the...

By Staff reporter | Published: 21 July 2025

BUSINESS NEWS

Private hospitals to treat emergency cases regardless of payment

New legislation tabled in Parliament seeks to compel private hospitals to admit patients with life-threatening conditions for at least 48 hours-even if they cannot afford the services.The Medical Serv...

By Staff reporter | Published: 17 July 2025

BUSINESS NEWS

Zimbabwe banks process R6bn via regional payment systems

Zimbabwean banks processed transactions worth R6.09 billion (approximately US$339 million) through the Southern African Development Community Real-Time Gross Settlement System (SADC-RTGS) in 2024, ma...

By Staff reporter | Published: 27 June 2025

BUSINESS NEWS

Mukuru named among top cross-border payment providers

Mukuru, a leading next-generation financial services platform, has once again secured its position among the world's most influential cross-border payment providers, earning a spot on the 2025 FXC Int...

By Staff reporter | Published: 19 June 2025

FINANCIAL SERVICES

Stanbic extends digital payments offering

Stanbic Bank Zimbabwe has announced the full digitization of its international payments facility, extending the service to all client categories in a major step toward enhancing convenience, accessibi...

By Staff reporter | Published: 21 May 2025

FINANCIAL SERVICES

ZB launches twin digital solutions to modernise Zimbabwe's payment landscape

Financial services provider ZB Financial Holdings (ZBFH) has unveiled two new digital platforms, Smile Cash and Smile&Pay, in a move aimed at deepening financial inclusion and modernising Zimbabwe...

By Staff reporter | Published: 15 May 2025

INDUSTRIALS & ENERGY

Cottco completes ZAMCO loan repayment

The Cotton Company of Zimbabwe (Cottco) has completed repayment of a $54 million loan granted by ZAMCO in 2014, marking a milestone in the revival of the company, backed by government support granted ...

By Staff reporter | Published: 06 October 2019

POLITICS

MDC activist loses bid to bar payment of salaries for MPs

MDC activist, Justice Dzingirayi, together with his lawyers, John Mugogo Attorneys have been slapped with costs on a high scale after their application seeking to bar Finance minister and Clerk of Par...

By Staff reporter | Published: 11 July 2019

BUSINESS NEWS

Chasi posts R139 million proof of payment to Eskom on Twitter

Zimbabwe's energy minister Fortune Chasi was on Tuesday forced to put the proof of the country's US$10m (R139m) payment to Eskom on his twitter account, after earlier claims of having paid was refuted...

By Staff reporter | Published: 02 July 2019

INDUSTRIALS & ENERGY

Zimbabwe confirms Eskom payment

Government yesterday confirmed paying US$10 million to South African power utility, Eskom, to service the debt to the power utility - and the money was set to be in the receiver's bank by end of day y...

By Staff reporter | Published: 02 July 2019

BUSINESS NEWS

Zimbabwe bonus payments to power retail boom

ZIMBABWE'S retail sector is seen picking up in the short-term as consumer spending is expected to firm up following Treasury's timely payment of bonuses for civil servants this year.Government, for th...

By Staff reporter | Published: 06 December 2018

FINANCIAL SERVICES

Zimnat introduces hard currency payment option

Zimnat General Insurance has introduced a hard currency insurance payment option to enable its clients to retain the value of their insured assets in the event of their sustaining a loss and making an...

By Staff reporter | Published: 05 December 2018

MINING & RETAIL

RioZim sues RBZ over US$ payments

Resources group, RioZim, has sued the central bank to force it to pay over $92 million it claims is owed dating back to 2016 in a case that highlights the acute dollar shortages blighting the southern...

By Staff reporter | Published: 22 November 2018

POLITICS

MDC Alliance youths demand demo payment

The MDC Alliance paid youths to demonstrate against the Zimbabwe Electoral Commission on Wednesday in Harare, it has emerged.Some of the rowdy youths who had not received full payment were exclusively...

By Staff reporter | Published: 14 July 2018

TELECOMS & TECHNOLOGY

Govt slashes e-payment charges

Government yesterday slashed unstructured supplementary service data (USSD) charges by more than half to 5 cents per session effective July 1, as it moves to accelerate the use of e-payments.USSD is a...

By Staff reporter | Published: 21 June 2018

FINANCIAL SERVICES

Banks discontinue manual RTGS payments

A NUMBER of financial institutions in Zimbabwe have discontinued manual real-time gross settlement (RTGS) payments, as they go paperless, banking on increasing their efficiencies.Some of these banks i...

By Staff reporter | Published: 22 May 2018

BUSINESS NEWS

Zim struggling with foreign payments backlog

ZIMBABWE'S foreign payments backlog has risen to over $600 million from $570 million in September last year, central bank governor John Mangudya has said.The governor dismissed assertions from pockets...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

Zimswitch introduces new payment system

ZIMSWITCH Technologies, a company that provides interoperability for local financial payment systems, has introduced "Zeepay", a new electronic payment product that enables users to send money to mult...

By Staff reporter | Published: 09 May 2018

FINANCIAL SERVICES

Zimswitch eyes new platform for bulk payments

ZIMSWITCH is in final stages to introduce an electronic transacting system for bulk payments to relieve pressure on the Real Time Gross Settlement (RTGS) system.Zimswitch deputy general manager Zabron...

By Staff reporter | Published: 08 May 2018

BUSINESS NEWS

Zimbabwe rolls out online visa payment system

Government has rolled out the online visa payment facility as part of efforts to facilitate travel in line with the objective of improving the ease of doing business through harnessing information com...

By Staff reporter | Published: 04 May 2018

BUSINESS NEWS

RTGS payments decline

Transactions that passed through the Real Time Gross Settlement (RTGS) systems in the week to March 29, 2018 were down 14 percent to close the week at $1,5 billion from $1,7 million, official data sho...

By Staff reporter | Published: 24 April 2018

LANDS & AGRICULTURE

Tobacco farmers hail payment in forex

Tobacco farmers have welcomed Government's decision to pay them part of their money in foreign currency.The growers are entitled to a cash withdrawal of $300 per sale from banks operating at the aucti...

By Staff reporter | Published: 17 April 2018
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