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Can the Zimbabwe currency situation be solved using innovative technology?
Zimbabwe has been ravaged by price increases and shortages of basic commodities such as fuel. A new technology business, ZIMBOCASH, says the direct cause of these challenges is money printing. ZIMBOCA...Published: 19 Feb 2019 at 11:37hrs | 1054 | by Agencies
The best online casinos in 2019
Many gamblers will have noticed. In 2019, numerous new online casinos entered the market again, offering players high bonuses that lure them to make a deposit. However, as last year, there are some ca...Published: 17 Feb 2019 at 22:45hrs | 92 | by Staff Reporter
How cryptocurrencies can rescue Zimbabwe
On September 17, 2018 media houses were abuzz with the news that the then newly appointed Finance minister Mthuli Ncube was considering cryptocurrencies as an option for Zimbabwe's economic turnaround...Published: 17 Feb 2019 at 08:00hrs | 620 | by Masotsha Charles Matlobo
Time is right for alternative money
THE controversy surrounding the introduction of another local currency continues unabated. This time it was the former Finance minister, Tendai Biti, who ignited the current debate when he announced g...Published: 15 Feb 2019 at 08:24hrs | 250 | by Zimwara
Is production a pre-requisite for Rand usage in Zimbabwe?
Firstly the bond note needs to be abolished or removed from the multicurrency system.Once you have removed the bond note, you have restored credibility in the currency (that is US$s, Rands, et...Published: 29 Dec 2018 at 09:42hrs | 2094 | by Colls Ndlovu
Bitcoin deal turns sour
A Harare woman and her son who claimed to offer a way of trading cryptocurrency to enable their clients to make a quick buck, have been arraigned before the courts after the deal went sour.Roy...Published: 08 Oct 2018 at 18:59hrs | 2727 | by Staff reporter
Prof. Mthuli Ncube: How to kick start Zimbabwe's economic recovery
There is a lot of work to do on the economic front but what is important is to draft a very clear economic vision and strategy for the country, to create an economy that exhibits strong GDP growth ove...Published: 30 Aug 2018 at 22:05hrs | 6514 | by Professor Mthuli Ncube
Zimbabwe urged to legalise use of crypto-currencies
GOVERNMENT should consider legalising and regulating the use of crypto-currencies so as to benefit from tax collections and minimise financial crimes such as money laundering.This was said by ...Published: 29 Aug 2018 at 06:40hrs | 587 | by Staff reporter
'New dispensation', same old lies
Ag shame! On the 6th of July I came across a shockingly screaming newspaper headline ED creates 60 000 jobs, I was in the sprawling border town of Beitbridge.Being one not to quickly believe o...Published: 25 Jul 2018 at 07:43hrs | 338 | by Ishemunyoro Mupokosera
'New dispensation', same old lies
Ag shame! On the 6th of July I came across a shocking Sunday Mail headline screaming ED creates 60,000 jobs. I was in the sprawling border town of Beitbridge. Being one not to quickly believe or write...Published: 22 Jul 2018 at 09:44hrs | 383 | by Ishemunyoro Mupokosera: MDC Alliance Candidate for Mudzi South Constituency
EcoCash crash shows the vulnerabilities of going cashless
Although mobile money has become the leading transaction platform in Zimbabwe, its weaknesses came into focus this week after the dominant EcoCash network in Zimbabwe went down for two days, and left ...Published: 05 Jul 2018 at 18:49hrs | 2948 | by Tawanda Karombo / qz.com
Zimbabwe central bank embraces blockchain tech
THE Reserve Bank of Zimbabwe (RBZ) has put into motion studies to investigate blockchain technology as it is a new developing global innovation.RBZ governor John Mangudya told guests attending...Published: 05 Jul 2018 at 07:06hrs | 550 | by Staff reporter
Golix to hold 24 hour online Q&A session
Golix - the cryptocurrency exchange with the largest footprint in Africa is set to hold a 24 hour hour Q&A session.The "Ask Me Anything" (AMA) marathon will be held on Reddit, one of the l...Published: 03 Jul 2018 at 06:15hrs | 209 | by Nhlalwenhle Ngwenya
Fintech Trends for 2018
In this article, we will focus on the main fintech trends that will mark the path of the sector in the coming months.All the reports made by the main F...Published: 01 Jul 2018 at 08:12hrs | 1775 | by Agencies
What is Blockchain?
Blockchain is the most important part of bitcoin's peer-to-peer electronic payment system. Bitcoin system uses Blockchain in order to record transactions. In order words, Blockchain is a decentralized...Published: 28 Jun 2018 at 10:54hrs | 1307 | by Agencies
Online Gambling in South Africa in Relation to the Rest of the World
Online gambling and sports betting has become a favourite pastime of many people all over the world. One of the main concerns for many is the legality of participating in online gambling. There are di...Published: 15 Jun 2018 at 16:48hrs | 1114 | by Agencies
I am sorry Mr Chamisa, but my vote isn't yours
To begin with, I must applaud the MDC Alliance for coming up with a splendid document.It does take some effort and concern and obviously all the issues at the heart of the Zimbabwean are hard ...Published: 09 Jun 2018 at 15:40hrs | 1125 | by Radar
Africa could be the next frontier for cryptocurrency
Experts say conditions on the continent are great for virtual currency Interest in cryptocurrency, a form of digital currency, is growing steadily in...Published: 06 Jun 2018 at 14:44hrs | 476 | by Pavithra Rao
Golix stop clients from trading cryptocurrency
Golix has advised their clients not to deposit any money into their accounts as the cryptocurrency exchange battles for survival following an onslaught on virtual currencies by the Reserve Bank of Zim...Published: 30 May 2018 at 08:41hrs | 519 | by Staff reporter
Govt jumped the gun on cryptocurrency ban
Only a few days ago Minister of Finance and Economic Development Patrick Chinamasa announced that Zimbabwe's economy was now 96 percent cashless and a few days later the Reserve Bank of Zimbabwe annou...Published: 15 May 2018 at 06:57hrs | 308 | by Eng Jacob Mutisi
Zim cryptocurrency exchange launches token sale
A Zimbabwean cryptocurrency exchange has launched a token for sale to the public despite a ban on local banks to trade in virtual currency.Friday, the Reserve Bank of Zimbabwe through a circul...Published: 14 May 2018 at 19:31hrs | 1961 | by Byo24News Reporter
'RBZ must regulate not ban cryptocurrencies'
Zimbabwe Information and Communication Technology Division (ZICT) and other IT experts have called on the Reserve Bank of Zimbabwe to regulate cryptocurrencies rather than banning them outright....Published: 14 May 2018 at 14:22hrs | 403 | by Staff reporter
4 cryptocurrency uses that may surprise you
US News recently published an article that mentions Zimbabwe and it is information worth writing about. In light of the inflation problem in the country, it's interesting to know how cryptocurrency is...Published: 25 Apr 2018 at 16:21hrs | 1628 | by Agencies
Zimbabwe has one ATM with cash
Golix, Zimbabwe's first and largest cryptocurrencies exchange has broken new ground once again by acquiring the country's first ever Bitcoin ATM which comes loaded with hard United States dollars (USD...Published: 06 Apr 2018 at 15:51hrs | 9037 | by Nhlalwenhle Ngwenya
Nelson Mandela's golden hand casts sell for $10m in bitcoin
Canadian crypto-currency exchange firm Arbitrade bought four casts from South African businessman Malcolm Duncan ADDIS ABABA, Ethiopia - Gold castings ...Published: 28 Mar 2018 at 11:44hrs | 248 | by APO
Decoding block chain for municipalities
BY 2010 the City of Bulawayo had registered their domain name citybyo.co.zw but did not have a functional website or an email service associated with their domain.Knowing the City Fathers to b...Published: 28 Mar 2018 at 07:22hrs | 69 | by Robert Ndlovu
Block chain can solve social media's biggest problems
AS a follow up to my recent article about fake news on social media, this piece sheds light on the block chain technology and how it could be just what the doctor ordered.To those who do not k...Published: 15 Mar 2018 at 14:19hrs | 304 | by Robert Ndlovu
Zimbabwe's Golix platform hacked
Golix, a Zimbabwean cryptocurrency exchange platform that is said to be processing about $1 million per month, has disclosed a breach into their systems that took place on the 12th of March 2018, via ...Published: 13 Mar 2018 at 11:54hrs | 1161 | by techweez.com
Disruptive technology - the cycle of adopting new technology
THE technology adoption lifecycle, research has shown, is a sociological model that describes the adoption or acceptance of a new product or innovation, according to the demographic and psychological ...Published: 27 Feb 2018 at 09:18hrs | 509 | by Robert Ndlovu
How's Zimbabwe's gaming scene compared to USA gaming scene?
It probably doesn't come as a surprise that South Africa doesn't look very kindly on gaming or gambling in any way, shape or form. While there has been evidence of the region slowly opening more and m...Published: 23 Jan 2018 at 10:21hrs | 779 | by Staff Reporter
Bitcoin dips below $10,000
Bitcoin has traded below $10,000 for the first time since early December.The value of one bitcoin fell to $9,958 (£7,222) before making a slight recovery, according to the price index run by ...Published: 17 Jan 2018 at 13:39hrs | 1547 | by BBC
Bitcoin tumbles as digital coins resume slide
Hong Kong - Bitcoin slumped as much as 20%, giving more impetus to a January selloff in cryptocurrencies, after South Korea's finance minister repeated that the country may ban trading in one of the w...Published: 16 Jan 2018 at 12:06hrs | 2062 | by Bloomberg
Is RBZ confused about Bitcoins?
IT is interesting to note that the popularity of Bitcoins is increasing exponentially despite warnings from finance and economic gurus who predict that this will just become another bubble that will b...Published: 29 Dec 2017 at 13:18hrs | 2543 | by Robert Ndlovu
Zimbabwe faces cryptocurrency challenge
LOCAL banks acknowledge the rise in crypto-currencies and the potential threat it has on the traditional banking system, but still cannot measure the extent of market share it has "stolen" as it remai...Published: 24 Dec 2017 at 07:14hrs | 3205 | by Staff Reporter
'RBZ engages bitcoin players'
THE Reserve Bank of Zimbabwe (RBZ) is reportedly sending its officials to engage local bitcoin players to try and understand how the cryptocurrency operates.Speaking to NewsDay on condition of...Published: 22 Dec 2017 at 09:59hrs | 1692 | by Staff Reporter
Dash and KuvaCash Partner to Fight Inflation in Zimbabwe with Cryptocurrency
Dash, the top digital currency for payments, has announced an ambitious joint venture with KuvaCash, a program designed to solve Zimbabwe's ballooning inflation, collapsing currency, and declining nat...Published: 23 Nov 2017 at 06:41hrs | 877 | by Stephen Jakes
Bitcoin is not legal, says RBZ
The Reserve Bank of Zimbabwe (RBZ) has warned members of the public against using Bitcoin, saying its use is not legal in the country. The RBZ has been lax towards regulating the crypto currency argui...Published: 22 Nov 2017 at 05:48hrs | 849 | by Staff reporter
Using Bitcoins for international payments
Zimbabwe does not have its own currency. We last had a currency in 2008 which people stopped using because of hyperinflation. This factor alone means that Zimbabwe is ready for Bitcoin payments. Too b...Published: 03 Nov 2017 at 06:15hrs | 682 | by Robert Ndlovu
Hyperinflation threat returns to Zimbabwe
Less than a decade after hyperinflation obliterated Zimbabwe's dollar along with its pensions and savings, the southern African nation is suffering a return to precipitous price rises.Zimbabwe...Published: 29 Oct 2017 at 14:27hrs | 1269 | by Staff reporter
Why there is a rush for bitcoins in Zimbabwe
APPLE Inc co-founder Steve Wozniak recently declared that bitcoin is "better than gold and the United States dollar".Wozniak even went a step further to compare having a bitcoin to owning a ho...Published: 29 Oct 2017 at 07:18hrs | 938 | by Staff reporter
Zimbabwe panic sends Bitcoin soaring over $6,000?
Bitcoin is the latest indicator to show that Zimbabwe's attempts to defy economic gravity will, as before, result in unplanned-for consequences and bruises on the way down.According to ...Published: 20 Oct 2017 at 16:33hrs | 6496 | by Staff reporter
Zimbabweans stash forex as economy sinks
IN recent weeks some financial institutions have announced they are further reducing limits for foreign card payments such as MasterCard, Visa Card and debit card settlements with some suspending the ...Published: 20 Oct 2017 at 07:22hrs | 6293 | by Staff reporter
WannaCry virus hit Zimbabwe banks
The government says it has identified two banks which were among several institutions affected by the WannaCry virus global attack from May 12 to 15 that affected a cross section of institutions....Published: 04 Aug 2017 at 06:43hrs | 1114 | by Staff reporter
Zimbabwe universities hit by cyber attacks, bitcoins ransom demanded
THE National University of Science and Technology (Nust) and the Harare Institute of Technology (HIT) allegedly suffered cyber attacks yesterday with the hackers demanding more than $6 billion to rest...Published: 22 Jun 2017 at 07:07hrs | 1322 | by Staff reporter
Bitcoin targets Zimbabwe
Zimbabwe is expected to host a bitcoin seminar on Saturday aimed at promoting and educating the public on the advantages of cryptocurrency in the country. Cryptocurrency is a digital currency ...Published: 02 May 2017 at 08:06hrs | 1362 | by Staff reporter
Warped World: Future is BitCoin, Zim opts for Billy Goat, Citizens choose memes
Zimbabwe's social media realm has been metaphorically invaded by unimpressive jokes and dull memes whose main theme is a since rebuffed proposal to adopt a primitive trading method whose currency is t...Published: 22 Apr 2017 at 19:55hrs | 429 | by Chenai Makurumure
Six technology trends that SMEs should watch out for in 2017
Sage Chief Technology Officer Klaus-Michael Vogelberg talks about the role chatbots, collective intelligence and blockchain will play at start-up and scale up enterprises in 2017 Sage, th...Published: 11 Jan 2017 at 13:08hrs | 421 | by Agencies
American pyramid scheme makes inroads into Zimbabwe
AMERICAN empowerment-based membership programme iRaisers International has entered the Zimbabwean market, the latest pyramid scheme in a slew of money-making initiatives that are finding more and ...Published: 11 Dec 2016 at 08:57hrs | 813 | by Staff reporter
Can the South African Rand rescue Zimbabwe's economy?
TENDAI Biti sits in his office in a leafy Harare suburb, contemplating another collapse of the Zimbabwean economy.Thanks to a chronic shortage of United States dollars, the country is running ...Published: 24 Nov 2016 at 08:22hrs | 5070 | by Simon Allison
MMM South Africa is still alive and recruiting
After news emerged that MMM Global's Republic of Bitcoin collapsed over the weekend, the South African wing of MMM said its system is not a Ponzi or pyramid scheme and is not affected by the crash...Published: 13 Apr 2016 at 11:29hrs | 5633 | by Staff reporter``
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