Remember when I said to not expect any government intervention on ‘illegal’ cash sales anytime soon? Turns out I was wrong. Effective immediately, according to an Extraordinary Government Gazette published […]
In response to messages spreading on WhatsApp telling people that there is an imminent shortage of basic goods on the way and that people should stock up accordingly, the Home […]
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. […]
Speaking to the Parliamentary Portfolio Committee on Foreign Affairs, visiting Parliamentary delegation from Iran, Mr Mostafa Kavakebian lamented the low volume of trade between the two countries. In the meeting, […]
‘Winter is coming!’ That was Ned Stark’s cry throughout the first season of Game of Thrones and this theme carried through to the end of season 5. Now we are […]
Earlier today, Techzim wrote an article dismissing some fake news that was circulating on WhatsApp, saying the Reserve Bank of Zimbabwe is introducing new Bond Notes and had put further restrictions […]
A supposed ‘article’ about the introduction of new Bond Notes and new restrictions on international cards, that is going viral on social media today is fake. It’s especially going viral on WhatsApp […]
We’re often contacted by people looking for developers. Below is a list of some developers in Zimbabwe who chose to list here. It’s by no means a definitive list of […]
It’s high time the government wakes up and be driven by economic rather than political interests in its policies.
DStv subscriptions and card payments totalling US$206 million were the second highest driver of foreign currency payments between July and December 2016. According to the RBZ Governor about US$45 million of that was for DStv payments.
Zimbabwe’s Monetary Policy Statement for 2017 has been presented by the Governor of the Reserve Bank of Zimbabwe Dr John Mangudya. It highlights the steps that the RBZ is taking […]
The Reserve Bank of Zimbabwe (RBZ) has introduced the $5 bond note, releasing $15 million worth of the new money into the market. The notes started circulating on Thursday 2 […]
According to a report published in the Newsday earlier today, the Reserve Bank of Zimbabwe has in the past five months (August 2016-December 2016) utilised more than $300 million in current transactions […]
In the same retrospective spirit, we took a look at what happened in the local technology space and came up with our list of the 10 most influential in this space.
In an article in the state weekly, The Sunday Mail, it is reported that the Reserve Bank of Zimbabwe (RBZ ) will introduce a new fee structure tomorrow (Monday, 12 […]
According to a report published earlier today by the Financial Gazette, the much anticipated Bond Note will begin circulating early November 2016. In an interview with FinGaz, RBZ Governor Dr. John […]
Starting from the first of October 2016 this same export scheme will be extended to diaspora remittances. It has been set at 5% – with 2% being reserved for the money trasnfer agent and 3% reserved for the recipient.
Theme: “Leveraging technology to achieve socio-economic transformation” Date: 14 July 2016 | Venue: CELEBRATION CENTRE, HARARE | COST: USD 250 per delegate Topics to be discussed: 1) Policy & Regulation […]
Despite its mass adoption across the country where it has outpaced formal banking services, mobile money has only been mentioned as one alternative and not as the leading solution that it is primed to be.
According to the RBZ, in 2015, monetary transactions totaled $57 billion and mobile payments accounted for 87.9% of these transactions in terms of volumes.
There is a slowed growth in Mobile Money according to the RBZ’s Mid Term Monetary Policy Statement. This is probably a result of the turbulence in both the banking and telecoms sectors.
The Mobile Money and Digital Payments Conference, an awards ceremony that seeks to recognise and honour outstanding performance and innovation in mobile money and digital payments will be held on the 27th of July in Harare
Goodrich Analytix Ltd has brought in a solution that offers credit rating to the wider players in the economy. This system provides intelligence for risk management at a national scale by monitoring credit scores of individuals and companies through electronic records. When used extensively, it will help weed out potential credit defaulters.
CBZ Bank, Zimbabwe’s largest bank, has become the first bank in the country to get a direct connection to the EcoCash service from Econet Wireless. Customers of the bank who have an EcoCash ‘eWallet’ can put money into the account using their cell phones. They can also take money from their eWallets and deposit it…