BUSINESS NEWS

Intertoll transfers 72 tollgate employees

Intertoll Zimbabwe, a company contracted to collect toll fees on behalf of the Zimbabwe National Road Administration (Zinara) from the nine tollgates it operates on the rehabilitated Plumtree-Mutare h...

By Staff reporter | Published: 30 November 2018
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TELECOMS & TECHNOLOGY

Schools defy Govt on mobile money transfers

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, ...

By Staff reporter | Published: 11 May 2018
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FINANCIAL SERVICES

Banks shun telegraphic transfers

SOME banks in Bulawayo have completely stopped accepting foreign payment telegraphic transfers submitted by companies, making life unbearable for the companies in the city, Association for Business in...

By Staff reporter | Published: 21 March 2018
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MINING & RETAIL

RBZ to clear retailers' telegraphic transfers

The Reserve Bank of Zimbabwe (RBZ) is set to resolve the increasing foreign currency allocation challenge that has hit local retailers and suppliers who for a long time have been failing to secure sto...

By Staff reporter | Published: 07 September 2017
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TELECOMS & TECHNOLOGY

Mobile money transfers surge

Moira Kambanje, 66, can now receive money from her daughter in South Africa, buy groceries, pay bills and also send money to her other child at a local university.She does this without even visiting t...

By Staff reporter | Published: 21 June 2015
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TELECOMS & TECHNOLOGY

EcoCash transfers exceed $4 billion

Econet Wireless' mobile money transfer service EcoCash has handled over $4 billion since inception in 2011.Group chief executive Mr Douglas Mboweni told Parliamentarians during a familiarisation tour ...

By Golden Sibanda | Published: 11 April 2014
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BUSINESS NEWS

Electronic transfers grow to $3.5 billion

Zimbabwe's financial system saw a marginal growth of electronic transactions in the year to June 2013, on the back of increased uptake of plastic money and electronic transfers, according to figures ...

By Staff reporter | Published: 23 September 2013
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BUSINESS NEWS

FNB, OK Zimbabwe launches SA-Zim instant cellphone banking

First National Bank launched a cellphone-based instant money transfer service between South Africa and Zimbabwe on Tuesday.   "We have done extensive research into the cross-border remitt...

By Staff reporter | Published: 10 June 2013
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