As a sign of a thawing of relations between Zimbabwe and the UK, last month the UK government advanced a $100 million facility to Zimbabwe to alleviate cash shortages and […]
The volume, as well as the value of transactions processed through the POS terminals, declined significantly during the first quarter ending 31 March 2018 (Q1 2018). An acute shortage of […]
Usually you expect politicians to be the last to know what’s going on especially anything tech related. Politicians seem to come from some other planet where long windy speeches are […]
Earlier yesterday, Golix sued the Reserve Bank of Zimbabwe and in the court application, Golix believed that the central bank’s instruction for Golix to shut down was unlawful as they […]
CBZ low-cost account Smartcash is now charging monthly service fees. Previously, Smartcash had no monthly fee charges thus offering low-cost accounts to consumers. But, customers are now having to pay $3 […]
The uptake of Point of Sale machines has exceeded the Reserve Bank of Zimbabwe’s expectations because of a 20 percent increase of POS devices in circulation. POS machines increased from […]
Earlier this year, The Reserve Bank of Zimbabwe Governor John Mangudya announced that the Zanu-PF controlled government was set to put in place measures to stop curb the multi-tier pricing system […]
Poor and expensive products are making Zimbabwe uncompetitive on the international markets and as a result, foreign currency generation capability has dwindled. However, Zimbabwe has been overly reliant on tobacco […]
A report published last week by the Zimbabwe Republic Police of the rising cases of debit card cloning symbolizes one of the major risks of using the “plastic money”. Chief […]
Bitcoin and other cryptocurrencies were created to give you control of your money. But when you store your bitcoin on an exchange, what’s the difference from just keeping your money […]
I know some executives over at the State owned Telecoms companies will be drooling from the mouth at that thought. Just hold on, that interoperability has not come to Zimbabwe […]
Since its introduction in 2009 bitcoin has rallied on to defy analysts’ expectations who have been preaching of its demise right from the beginning. Bitcoin actually inspired other cryptocurrencies which […]
We are at the first ever POTRAZ Media Engagement Forum dubbed #SameSheet. Not only is it the first edition but it is the first forum of its kind. Here present […]
In the latest Reserve Bank of Zimbabwe (RBZ) report on National Payments Systems which covers the third quarter of 2017 it was revealed that both values and volumes of transactions […]
Last week, it came to the public’s attention that the former NetOne CEO, Reward Kangai had reported the Minister of ICT and Cyber Security to ZACC (Zimbabwe Anti-Corruption Commission) accusing […]
So the gloves are off between Supa and former NetOne chief, Reward Kangai. Gloves have been off for a long time now but we have reached a crescendo. Here is […]
As the year begins and the reign of our new president continues, efforts to revive the economy of our country continue… Most recently, the export agency of Zimbabwe, ZimTrade, announced […]
This is a statement that has been issued by the President E. D. Mnangagwa advising those that were involved in illegal activities to bring back any funds they may have […]
For some time now Techzim has wondered whether Bitcoin is legal or not. In fact, a number of people from in and out of the country have contacted us and […]
REVIEW OF THE EXPORT INCENTIVE FOR TOBACCO GROWERS FOR THE 2018 TOBACCO MARKETING SEASON The Reserve Bank of Zimbabwe (the Bank) recognises the growing significance of tobacco as a key […]
Though it’s almost 10 years ago the memories of 2008 are as clear as day to me. I was in a technical college at the time and needed to sit […]
Okay, we knew Zimbabwe went mobile when it comes to processing payments but $11 billion? In the time it takes for a child to be born? That is impressive. The […]
Mobile money payment solution Ecocash has sent out an announcement that they have suspended international transactions on their MasterCard debit card with immediate effect. It is not all doom and […]
Homelink, the Reserve Bank of Zimbabwe (RBZ) subsidiary has availed a $1.5m loan facility to small to medium enterprises (SMEs). The loan was availed to the Small to Medium Enterprises […]
This past weekend was an action packed one and it all started on WhatsApp, no wonder the Chinese government is restricting the app. So some guy or girl drafts up […]
The first thing I want to point out is the last descriptive phrase that the governor uttered/wrote in his official statement. He says the Zimbabwean economy is on the mend. […]
The Reserve Bank of Zimbabwe ordered 6,048,000 bond coins worth $3,024,000 from the South African Mint company. The bond coins ordered are in the 50c denomination and will be enough […]
25 August 2017 The Chief Executive Officer Broadcasting Authority of Zimbabwe 27 Boscobel West Drive Highlands HARARE Dear Sir Re: Invalid Notice of cancellation of License No. CD0004 held by […]
Due to confusion on the cause of the downtime of the country’s largest money transfer and transacting platform this weekend, Econet Wireless Zimbabwe sent us the press release below to […]