Here is the directive from the RBZ: The Directive (NH 01/2019) on cash-in. cash-out and cash.back facilities was issued to protect the transacting public from some mobile banking agents leveraging […]
EcoCash, its agents and the RBZ are collectively the most topical subject in Zimbabwe right now. Taking a closer look at the saga which culminated in the Reserve Bank of […]
Our prediction that the irrational ban on cash-in and cash-out for mobile transactions would make things worse has just been confirmed. The price of cash on the streets has just […]
RBZ Governor, Dr John Mangudya has urged EcoCash to help the central bank to monitor and control it’s platform. Dr Mangudya’s comments are on the heels of a controversial ban […]
Kutsvaga kweashaya, kutsvaga uta nemugate. That’s a Shona proverb which translates to “The frantic search of someone who has lost something and has no hope of finding it, s/he will […]
Back in February the RBZ governor demanded that banks start issuing out EMV compliant cards in a bid to prevent the epidemic that is card cloning. If the banks did […]
So the Reserve Bank of Zimbabwe Governor, Dr John Mangudya delivered his Mid-term Monetary Policy Statement yesterday. In the appendices there is reference to financial technology businesses (Fintechs). The weight […]
It looks like Zimbabweans are now tired of announcements and policies from the central bank, The Reserve Bank of Zimbabwe and from treasury, The Ministry of Finance. Today’s mid term […]
Of late, a lot of Econet users have been curiously asking what the new “Video Bundle”, they are seeing after dialing *143#, is for. By reaching out to Econet’s customer […]
You may perhaps have forgotten about Zim Dollar’s predecessor, the RTGS dollar which was introduced in February much to the ire of many people. The RTGS dollar was introduced to […]
It’s early days yet with all this ‘new Zim Dollar’ and forex ban stuff. However, today the exchange rate between local currency and other currencies like the USD is an […]
I never bought into the whole FCA nostro nonsense. This is one of the times however, that I hate to be proved right. The directive sent to banks by the […]
Banks have been having some issues with Paynet due to forex payments and back in March, Paynet faced periods of downtime due to failure to pay licencing fees. Paynet has […]
ZOL has increased it’s RTGS dollar prices again in less than three months. I can’t blame them, the economy is in shambles such that the RTGS dollar is losing its […]
By going cashless the government was supposed to end the gruelling queues and demand for cash and make it easier to transact. What’s happened in reality isn’t that simple. Transacting […]
Even though ZOL trimmed down the cost of the Wibroniks equipment, that hasn’t stopped it from increasing Wibroniks subscription prices which will start to take effect next month, the first […]
So the governor of the Reserve Bank of Zimbabwe and the banks that he presides over and the government that employs him are telling us to trust them again. We […]
The WSBI Africa Regional Group Meeting hosted last week in Vic Falls seems to have bore some fruitful impact in boosting Cyber Security budgets locally as the country is said […]
When ZOL hiked their internet prices they also mentioned the fact that they would be giving out their Roku Powered Kwese Play Box to qualifying customers for free together with […]
One by one Zimbabwe’s Telecommunication companies have been hiking their prices. They have all been saying the same thing: It’s RBZ governor Mangudya’s fault that we are doing this go […]
Zimbabwe’s two biggest fixed internet service providers have both changed their pricing and they have used the same spin: our prices have not increased, we are merely aligning to the […]
It’s really becoming a tired story. Everyone is increasing pricing and they say it is just an adjustment in light of the February Monetary Policy Statement. TelOne has joined the […]
Internet data usage has been on the rise for a number of years now and interestingly 2018 was no different. The amount of mobile internet data that was used by […]
African Economic Research Consortium (AERC) will hold its twenty-first Senior Policy Seminar from March 21-22 at Meikles Hotel in Harare Zimbabwe, co-hosted by the Reserve Bank of Zimbabwe. Honorable Prof. […]
Like clockwork, most large businesses have been using the RBZ’s latest Monetary Policy Statement as an excuse to hike prices and all of them are putting a spin on it. […]
There is a WhatsApp message that is doing the rounds: Electricity prices are going up by 150% fr prepaid metres whn buying in bond ecocash or swipe on friday However […]
Last month the RBZ governor finally let the bond and RTGS balances loose. The government was essentially dispensing with the fiction that bond notes were on par with the USD […]
On Tuesday, we reported a study conducted by Cable that stated Zimbabwe as having the most expensive mobile data in the world. At $75 per gigabyte ($75/gig), the study found […]
Mthuli Ncube, our learned minister of finance is in the USA. Like he did some months back when he went there, he had a chat with economic journalists from Bloomberg. […]