The central bank, Reserve Bank of Zimbabwe (RBZ) has told people to expect more physical cash (cash), to withdraw, as it will be injecting more foreign currency into the financial sector […]
Benoit Daoglio is a cool guy from France. He recently finished his studies at McGill University in Canada and he decided to tour Africa. He embarked on a trip from […]
So yeah, I know most of us would not associate the military with new technologies. By that I mean the Zimbabwean military. We know the military elsewhere (read USA) has […]
In a positive and unexpected turn of events, the Governor of the central bank of Zimbabwe, John Mangudya, indicated that the Reserve Bank is ready to investigate blockchain technology. This […]
Agribank has just registered a profit amounting to 2,9 million in the first five months of the year to May 31, 2018. The bank was once infamous for its series […]
The South African Reserve Bank (SARB) recently concluded Project Khoka – which saw 8 banks test an interbank payment platform. The platform was based on Etheruem and the banks involved […]
In a huge surprise move, The Federal Reserve Bank of St. Louis (St. Louis Fed) announced that it is now officially tracking cryptocurrencies (cryptos) on their Federal Reserve Economic Data […]
At long last, Zimbabwe’s first women’s bank, Zimbabwe Women Micro-finance Bank (ZWMB) is going to open this month following a series of missed deadlines to open it. This comes after ZWMB […]
Be warned, this story will make you angry. We have been told time and time again that Zimbabwe is for sale open for business. This story will highlight just how […]
May 2018 proved to be a crazy month in the cryptocurrency world. Cryptocurrencies went from ‘allowed’ to ‘banned’ and back to ‘allowed’ all in the space of 12 days. Governor […]
Cryptocurrencies are quite confusing, to be honest. It seems very few people fully understand cryptos and those who do are usually unable to fully explain how the digital currencies work […]
If you’ve been living in Zimbabwe over the past few years or even just visited there is one thing that resonates throughout the country. We are a digital economy. This […]
As you all know the Reserve Bank of Zimbabwe issued a directive instructing banks not to facilitate any cryptocurrency related transactions. They also strongly warned the public not to deal […]
It seems ‘swipe into EcoCash’ continues to garner headlines for the wrong reasons. Since the turn of the year, the service has descended into chaos and in February EcoCash came […]
No surprise really, I was expecting the Reserve Bank of Zimbabwe to be challenged in court for their directive that effectively banned cryptocurrency in Zimbabwe. The central bank did not […]
Earlier we reported that some banks had shut down Golix’s accounts and we can now confirm that last week Tuesday RBZ sent a directive to Golix instructing them to cease […]
Earlier this month, the Reserve Bank of Zimbabwe instructed banks to stop holding accounts for cryptocurrency exchanges and to stop facilitating transfer of cryptos. The central bank gave the banks […]
It may seem like all we are talking about is the Reserve Bank of Zimbabwe’s (RBZ) ban on cryptocurrency trading lately. I believe we have good reason to do that. […]
The RBZ decided that they would wash their hands when it comes to cryptos. The central bank sent a directive to banks instructing them to cut all their ties with […]
So after sending out a circular to banks prohibiting them from opening and continuing to hold accounts for individuals and entities that trade in bitcoin and the rest of cryptocurrencies, […]
The central bank of Zimbabwe, RBZ, has placed a ban given a directive to banks and financial institutions to stop processing transactions to do with Cryptos. The measures are apparently being […]
So the first thing to mention is that Goldchip Investments is a legit gold mining company that is already mining gold in Zimbabwe. The company was awarded by the Zimbabwe […]
A notable number of bank customers haven’t yet claimed $3.2million worth of compensation from The Deposit Protection Corporation (DPC). Lack of knowledge of such an arrangement and institution from the […]
The banking sector is in a good momentum characterized by its profitability last year. Shrewd investments and lending practices have significantly reduced non-performing loans and prop the banking sector’s profitability. The shrewd […]
The founder of Mavrodi Mondial Moneybox notoriously known as MMM, Sergei Mavrodi died last week as a result of a heart attack. Mavrodi was a pioneer of MMM, a pyramid […]
Bankers Association of Zimbabwe (BAZ) has acknowledged that banks had a significant role to play in making the externalization of funds possible. Some weeks ago, President Mnangagwa released an infamous […]
In 2016 The Reserve Bank of Zimbabwe (RBZ) introduced the Financial Inclusion Strategy with the obvious aim of drawing a marginalized number of people who are unbanked into the financial […]
The evolution of banking from brick and mortar to online banking has come with many benefits to the society characterized by increased financial inclusion, the easiness of sending and receiving […]
So there is a craze that is going on that can potentially change a lot, by a lot I mean a lot. We talking board re-appointments, job dismissals, jail time […]