As you may know, Econet came out yesterday to publicly accuse CABS, ZimSwitch and Kevin Terry of using the Bankers Association of Zimbabwe to fight Econet’s mobile money product EcoCash. The CABS MD, according to campaigning against EcoCash so he can push his own mobile money/banking product, Textacash. Textacash you will remember is basically an…
A senior Econet Wireless executive, Mr Darlington Mandivenga, who is responsible for the rollout of EcoCash, has dismissed a claim reportedly made by Bankers Association of Zimbabwe’s immediate past president, Mr John Mushayavanhu, stating that Econet has denied banks access to its platform for integration.
ZimSwitch is pleased to announce that the long awaited Vpayments platform is now in a controlled live environment, following pilot approval from the RBZ for this controlled stage of the launch. Vpayments is an eCommerce Payments Gateway that enables all 19 ZimSwitch member Financial Institutions to offer their banked customers the convenience of secure Internet…
It’s not well at Brodacom. Not at all. Around this time two years ago, information in the market suggested the company was coming on the scene to change the game in Zimbabwe’s internet sector. It didn’t happen.
In recent months, each time we’ve posted an article about a high profile website being hacked – such as the story about Fingaz today – what follows is a number of tweets, emails and phone calls with readers basically ask: What’s going on? Why has the hacking increased so much? Why are Zim websites being…
Tawanda Nyambirai, Lifestyle Holdings CEO and Econet Wireless Zimbabwe Chairman, announced today that he has accepted an offer from Econet Wireless to buy him out of TN bank. Speaking at a press briefing today Nyambirai said he will be selling his stake in the bank he founded in exchange for shareholding in Econet Wireless. As…
Yesterday, Econet published in an advert the announcement that the industry knew would come sooner or later. The mobile operator has now integrated EcoCash, its mobile money transfer service, to TN Bank, the bank it acquired earlier this year. The development means TN bank customers that use EcoCash will be able to transfer money from…
This guest article was authored by Prosper Chikomo, an internet entrepreneur and author of Turning Iron into Gold: Golden Opportunities: How to Spot Them, Create Them, Make Money from Them, and […]
Yesterday we attended a press briefing by a new payments company called SmartPay. The company has launched a financial services system that users can access using a smart card. In […]
With less than two days left before the close of the year, we thought we’d post a listing of all the top stories we covered this year. This has been our busiest year since.
FBC Bank has begun offering a MasterCard Prepaid service that enables locals to shop online across various platforms worldwide. In a campaign dubbed ‘Load & Go’ the bank initially introduced the campaign through the endorsement of local music icon; Oliver Mtukudzi, advertising the service’s access to leading merchants around the world.
If you’ve been following the usual non-technology issues that dog Telecel Zimbabwe, you will remember that some two weeks ago, the suspended Telecel acting chairperson, Jane Mutasa, accused the mobile operator of ‘unprocedurally’ awarding tenders to foreign companies at the expense of equally capable local businesses. The tenders, according to Mutasa, are mostly awarded to…
Today I was going through an article we’ll post shortly on ICT security in Zimbabwe. In the article, reference was made by the writer to the fact that there are no major information security compliance or legislation requirements to govern the implementation of ICT security in Zimbabwe. That the only major requirement around is for…
The Reserve Bank of ZImbabwe (RBZ) has issued a statement warning traders, vendors & retailers to accept the ZWL$5 note or answer to the FIU
The Reserve Bank of Zimbabwe (RBZ) has announced that it has dissolved the Monetary Policy Committee (MPC). New one to be appointed soon.
Eddie Cross has stepped away from his position in the Reserve Bank of Zimbabwe’s (RBZ) Monetary Policy Committee.
The Reserve Bank of Zimbabwe (RBZ), in the recently released Monetary Policy Statement, has announced the commencement date for the Fintech Regulatory Sandbox.
Download the recently published and first Reserve Bank of Zimbabwe (RBZ) Monetary Policy Statement (MPS) for February 18th 2021
The Reserve Bank of Zimbabwe’s Monetary Policy Committee (MPC) has held deliberations on how to improve and sustain the Forex Auction.
In a tweet by First Capital Bank, RTGS operating times have been changed as per guidance from the Reserve Bank of Zimbabwe.
Econet has announced through adverts in the press the ‘reduction’ of tariffs of its mobile money transfer service, EcoCash. The move follows a directive from the Reserve Bank of Zimbabwe (RBZ) and general pressure from the market to review the charges. The Reserve Bank of Zimbabwe Governor, in his 31 January Monetary Policy Statement, issued…
CABS, one of the 6 local financial institutions that have been piloting the Zimswitch Vpayments online payments platform, is now rolling out the service to merchants after getting approval from the Reserve Bank of Zimbabwe (RBZ).
As Zimswitch celebrates 30 years in business, let us let them tell us about their journey so far: Zimswitch, a company founded in 1994 has over the years registered exponential growth […]
Dr John Mushayavanhu (left), Image Credit FBC Holdings Do you remember how excited we were when we heard that Mthuli Ncube was going to be Minister of Finance? I mean, […]
We’re almost there good people, John Panonetsa Mangudya’s tenure as governor of the Reserve Bank of Zimbabwe is almost up. Mangudya is set to leave his post at the end […]
“If at first you don’t succeed, then dust yourself off and try again,” go the lyrics and all my millennials have the song playing in their minds right now. It […]
There’s a System Tazvida song titled ‘Pandagona Wondipembedzawo’ which translates to ‘When I do good, praise me.’ It’s about a man pleading for the world to keep the same energy […]
We were not able to buy gold tokens before the deadline yesterday. We tried different banks and came up short in all cases. One bank told us they were waiting […]
We talked about the upcoming digital gold tokens earlier this week. The Reserve Bank of Zimbabwe has now revealed when we can expect the innovative tokens. They are coming in […]
The Reserve Bank of Zimbabwe (RBZ) must feel like, ‘damned if we do, damned if we don’t.’ Whatever they do attracts negativity, even when it really shouldn’t. I understand why […]