As I write this, the Zimbabwe Power Company is producing 684MW of electricity, against a demand that is likely around 2200MW with this chilly weather. Pre-school maths tells me, that […]
Al Jazeera released the first of four parts to their explosive documentary on corruption and looting in Zimbabwe yesterday. Titled ‘Gold Mafia’ the documentary exposes the dealings of some government […]
When you walk down the streets it appears as if Zimbabwe has dollarised. Join a supermarket queue and you find that many, if not most, have their USD cash in […]
The Zimbabwean government is considering adopting a central bank digital currency (CBDC). The Reserve Bank of Zimbabwe (RBZ) has been researching this for a while now. Last year they notified […]
Back when Uhuru Innovative Solutions first announced its WhatsApp Wallet there were a few concerns. No one could argue against the idea – remittances via the already popular WhatsApp platform. […]
Do you remember the old days where the set of people you would ever know were those geographically close to you? Yes, you could have pen pals from across the […]
The Zimbabwean government is considering adopting a central bank digital currency (CBDC). The Reserve Bank of Zimbabwe (RBZ) has been researching this for a while now. If you thought they […]
InnBucks rocked the nation when it launched late last year. Marketed as a loyalty and rewards programme, the service was hijacked by the public and made a domestic remittance platform. […]
Let us consider all that the Reserve Bank of Zimbabwe has told us about the coming gold coins. When we do that and also look at alternatives available to would-be […]
The Reserve Bank of Zimbabwe (RBZ) took to Twitter this morning to dismiss videos and messages circulating on social media saying that gold coins are available and are in circulation. […]
The Zimbabwean Gold Coin has arrived, and the Reserve Bank of Zimbabwe (RBZ) has released the specifications as well as the powers that the new financial tool has. The statement […]
They say extraordinary problems call for extraordinary solutions. In April 2022 the government of Zimbabwe shocked the world when they barred banks from lending. They assured us it was the […]
The team over at Tech Hub Harare has announced that it will be hosting a webinar that will be attended by the Angel Investors Network of Zimbabwe this Wednesday starting […]
A couple of months ago EcoCash announced that it was entering the domestic remittance game as well as pushing the company’s FCA wallet. This was quite a surprise because the […]
State-owned mobile network operator (MNO) NetOne has announced on Twitter that is now only selling electronic airtime through its accredited partners. “We have gone 100% electronic! Get your electronic airtime […]
There was obviously a serious meeting on security over at NMB Bank. We are now seeing the resolutions that were made at that meeting come to life. Just yesterday we […]
First Capital Bank today announced that it was a beneficiary bank of the European Investment Bank‘s (EIB) medium – long term lines of credit (4 to 7 years) aimed at […]
While the blockchain is often touted as a game-changing technology that is capable of disrupting traditional finance, it is yet to fulfil this promise. The race to satisfy this pledge […]
On the 13th of April 2022, the Reserve Bank of Zimbabwe approved Lloyd Crowdfunding, a subsidiary of Lloyd Corporate Capital, to operate within the guidelines of the Fintech Regulatory Sandbox. […]
When I first heard that the first step in problem solving is identifying the problem, I thought that was a bit condescending. Pre-teen me couldn’t understand how one could not […]
The National Payments Switch, Zimswitch was an exhibitor at the Zimbabwe International Trade Fair (ZITF 2022). It appears that their main mission for this year’s edition of the ZITF was […]
Earlier this week we reported on Access Forex getting Reserve Bank of Zimbabwe (RBZ) approval to resume domestic (city to city) remittances. During our travels at the Zimbabwe International Trade […]
In what came as a shock to most, the Reserve Bank of Zimbabwe ordered Simbisa Brands (Private) Ltd to cease operating InnBucks, its rewards and loyalty program (money transfer service) […]
Local domestic and international money transfer platform Access Forex is back in the business of local remittances after a few days of suspension due to pending Exchange Control regulatory approvals. […]
If you are living in Zimbabwe you don’t need telling that inflation is getting out of hand. It has been years since you purchased your groceries for the same price […]
Why not write yet another article about Innbucks? The Simbisa Brands owned ‘wallet’ service which has been suspended by the central bank had achieved an incredible run. They came out […]
The Reserve Bank of Zimbabwe (RBZ) has announced that it has ordered Simbisa to halt operations of its loyalty and rewards program, InnBucks with immediate effect. The RBZ’s statement on […]
Sasai Remit, a subsidiary of Cassava Technologies, has announced a partnership with Qoki Zindlovukazi, a United Kingdom-based women’s networking and empowerment organisation. The two say the partnership will enable both […]
Last night EcoCash Zimbabwe launched its domestic remittance service and at the same event, the country’s largest mobile money operator also announced that Cash in services are back through its […]