Search / Cashless
Zimbabwe's new policy outlines plans to widen tax base
The Zimbabwean government has announced a new policy under the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) to simplify tax models for Small to Medium Enterprises (SMEs). This move aims ...Published: 27 Oct 2024 at 12:18hrs | 264 | by Staff reporter
Time for Progressive People to Unite
The struggle is real, and there has been a lot of political polarisation and disintegration of the opposition in the country.There is now a need for a collective effort to unshackle the bondag...Published: 29 Aug 2024 at 16:17hrs | 505 | by Leonard Koni
Zinara to roll out expensive e-tolling system
THE Zimbabwe National Road Administration (Zinara) will begin rolling out e-tolling before the end of the year to improve efficiency, motorists' convenience and reduce operational costs.E-toll...Published: 29 Feb 2024 at 04:59hrs | | by Staff reporter
Money changers hijack POS machines for big transactions
DECKED out in trendy designer wear, clutching energy drink cans and munching take-aways while engaging in high-pitched conversations, illegal money changers, popularly known as osiphatheleni who have ...Published: 22 May 2023 at 06:35hrs | | by Staff reporter
Zimbabwe in race to introduce digital currency
Zimbabwe is in the race to become one of the first African countries to introduce a central bank digital currency (CBDC).Nigeria became the first country in Africa to issue a CBDC, the eNaira,...Published: 04 Mar 2023 at 10:25hrs | 1 | by Staff reporter
$7 billion to upgrade tollgates infrastructure
THE Zimbabwe National Road Administration (Zinara) has set aside $7 billion for the upgrading of all tollgates across the country as part of efforts to plug revenue leakages and improve efficiency....Published: 18 Jun 2022 at 07:24hrs | | by Staff reporter
Zinara mulls e-tollgates
THE Zimbabwe National Road Administration (Zinara) says it is making headway on plans to establish an e-tolling system to reduce operating costs from toll fees collection processes.According t...Published: 06 May 2022 at 06:54hrs | | by Staff reporter
RBZ initiates think tank to assess banking products
THE Reserve Bank of Zimbabwe (RBZ) has created a think tank to examine new banking products and innovations prior to their launch, to assess their viability.The revelation came a day after the...Published: 25 Apr 2022 at 09:01hrs | 2 | by Staff reporter
Zimbabwe a country with no coins, US$1 is more useful than US$100
ADRIANA Siwela, a 25-year-old college student in Harare, thought she could dash into a shop for a quick purchase of a US$2 packet of biscuits. But the cashiers sent her away. Her US$20 bill is conside...Published: 23 Feb 2022 at 05:49hrs | 10 | by Staff reporter
The Law is struggling to keep up with technology
Now that the cyber security and data protection bill is awaiting the signature of the President of Zimbabwe to become law. The purpose of the bill is to consolidate cyber related offences and provide ...Published: 30 Sep 2021 at 13:44hrs | | by Jacob Kudzayi Mutisi
Zimbabwe needs a cyber army to protect our cyberspace
ImagIne a cyberattack on Zimbabwe's mobile money platforms, financial service networks and electronic payment platforms that include point of sale systems. These kinds of attacks have now become commo...Published: 30 Jul 2021 at 07:35hrs | 8 | by Jacob Mutisi
667 more Zupco buses coming
Zupco is buying 667 buses from China by year end, with delivery of the first batch of 100 buses expected soon. Further, through its intercity digital payment platform in partnership with Vaya, every i...Published: 17 Jun 2021 at 06:07hrs | 1 | by Staff reporter
Keeping your data locked down: how do websites keep your personal data secure?
Although the rise of the digital economy has been underway for quite some time, it seems that in the last year or so the global transition to a fully digital, near cashless society has increased signi...Published: 17 May 2021 at 14:35hrs | 8 | by Staff Writer
Market research innovation improvements in the wake of Covid-19
Most, if not all businesses and organizations will be forced into a change of habits in the workplace just like we have all had to adapt our personal lives due to the coronavirus. Washing your hands m...Published: 10 May 2021 at 19:09hrs | | by Staff writer
Mobile money transactions drop 23%
The total number of mobile money transactions processed in 2020 went down by 23 percent to record $1,5 billion from $1,96 billion recorded in 2019 as active mobile money subscriptions also took a dip....Published: 01 Apr 2021 at 06:58hrs | | by Staff reporter
Re-imagining education in the Second Republic
OUR education should produce goods and services and it's not doing so. It should produce solutions to our challenges, but it's not. It should produce job creators, but its producing job seekers. So th...Published: 06 Dec 2020 at 07:40hrs | 7 | by Nick Mangwana
Mnangagwa caps 447 HIT graduates
A total of 447 students at Harare Institute of Technology (HIT) graduated yesterday at a colourful ceremony in the presence of HIT Chancellor President Mnangagwa. The bulk of the students grad...Published: 10 Oct 2020 at 07:17hrs | | by Staff reporter
Business cries foul over EcoCash limits
ZIMBABWE'S hard-pressed businesses say they are likely to witness depressed revenues in the short term due to the Reserve Bank of Zimbabwe's decision to limit EcoCash transactions to ZW$5 000 per day....Published: 28 Aug 2020 at 07:17hrs | 4 | by Staff reporter
Cyberwarfare is here
The USA has for the first time declared a cyber war on Iran, this is the first official Cyberwarfare, a true reflection that future wars will be fought on the cyberspace. Cyberwarfare is a term that d...Published: 25 Jun 2019 at 20:50hrs | 10 | by Jacob Kudzayi Mutisi
Zupco fires over 100 conductors
Zimbabwe United Passenger Company (Zupco) dismissed over 100 bus conductors, with several being prosecuted in the courts, in the first four months of this year in a ticket scam that was bleeding the t...Published: 28 May 2019 at 07:37hrs | | by Staff reporter
OneMoney records a 32,7% increase in subscribers
NETONE's mobile money platform, OneMoney, recorded a 32,7 percent increase in subscribers to 241 566 in the fourth quarter to December 31, 2018 from 181 990 in the previous quarter, latest data show....Published: 21 Mar 2019 at 19:12hrs | | by Staff reporter
Civil servants pile pressure on Mnangagwa's govt
APEX council chairperson Cecilia Alexander says the civil servants' umbrella body will intensify pressure on government to hike salaries to a minimum of $1 733 for the lowest paid worker. She said as ...Published: 13 Jan 2019 at 10:23hrs | | by Staff reporter
Tshova Mubaiwa introduces cashless payment
TSHOVA Mubaiwa, a public transport association in Bulawayo, has launched a card to facilitate electronic payment by passengers. The service will be hosted by ZB Bank and is done by City Card, a Harare...Published: 07 Jan 2019 at 08:34hrs | 1 | by Staff reporter
Cassava makes history
Cassava SmarTech Zimbabwe made history yesterday when it debuted in the market at a price of $1,50 per share, valuing the company at $3,8 billion. It immediately became Zimbabwe's third most v...Published: 19 Dec 2018 at 06:03hrs | | by Staff reporter
Mnangagwa and the economic melt down
As Zimbabwe entered into the end of the first year without Cde Mugabe, elites all over the country were gripped by austerity fever, a strange malady that combined extravagant fear with blithe optimism...Published: 03 Dec 2018 at 19:22hrs | | by Dr Masimba Mavaza
Euphoria turns to harsh reality for Zimbabweans in just a year
ON November 18 last year, thousands of Zimbabweans took to the streets of the capital Harare in a peaceful show of support for the deposition of President Robert Mugabe.After 37 years of Mugab...Published: 22 Nov 2018 at 06:08hrs | | by Leila Sinclair-Bright
Mthuli Ncube's 2% tax ill-thought out, says govt
GOVERNMENT has admitted to not seeing the adverse market effects of its 2% tax on electronic or mobile money transfer transactions, amid revelations that corporate earnings are expected to be weighed ...Published: 04 Nov 2018 at 08:57hrs | | by Staff reporter
Mastercard reinforces commitment to drive Digital Transformation Agenda in Zimbabwe
Harare, Zimbabwe, 22 October 2018 - Mastercard President and CEO, Ajay Banga, this week visited Zimbabwe to show Mastercard's strong support for the country's drive to create a new wave of digital pay...Published: 22 Oct 2018 at 11:51hrs | 1 | by Agencies
Bank card cloning fraud cases on the rise in Zimbabwe
THE Zimbabwe Information and Communication Technologies (ZICT) says 154 cases of bank card cloning have been reported in the country so far as more people use electronic payment systems in the absence...Published: 18 Oct 2018 at 06:39hrs | | by Staff reporter
Outcry over Mthuli Ncube's new tax regime
CAPTAINS of industry and ordinary consumers yesterday implored Government to reconsider its new tax regime saying it will increase the cost of production and add more burden to citizens. Annou...Published: 03 Oct 2018 at 07:21hrs | | by Staff reporter
Monetary Policy and Fiscal measures a toxic concoction
Two grown men teamed up to accelerate and exacerbate the already unpalatable suffering of the Zimbabwean people. Zimbabweans who have lost all but hope tuned into different media platforms expecting r...Published: 02 Oct 2018 at 16:45hrs | | by Jacob Mafume MDC National Spokesperson
Govt de-dollarises economy, bond notes bounce back
GOVERNMENT has technically de-dollarised the economy by reintroducing local currency bank accounts, which will be traded in electronic transfers and bond notes only, and piled more taxes on the transa...Published: 02 Oct 2018 at 09:28hrs | 1 | by Staff Reporter
New taxes for transferring funds are simply ridiculous
Finance Minister Mthuli Ncube delivered some sombre news at the Monetary Policy Statement. From charging 5c per transfer transaction the government will (with immediate effect) charge 2c for every dol...Published: 02 Oct 2018 at 07:13hrs | | by Stephen Jakes
Ecocash and swipe are gradually being phased out
Former MDC legislator for Bulilima East Norman Mpofu has said the Ecocash and swipe method of payment which has become the major methods of payment are now being rendered useless as some shops now dem...Published: 19 Sep 2018 at 09:00hrs | 6 | by Stephen Jakes
Cash crisis hits informal traders
STREETWISE Informal Traders Association director Percy Mcijo has expressed concern that members of his organisation were operating under harsh economic conditions as a result of the escalating cash cr...Published: 20 Aug 2018 at 06:05hrs | | by Staff reporter
Zimbabwe inflation rate hits 2,91%
Zimbabwe's annual rate of inflation for June gained 0,20 percentage points to 2,91 from 2,71 percent in May, latest figures from the Zimbabwe National Statistics Agency (ZimStats) show. "This ...Published: 18 Jul 2018 at 06:32hrs | | by Staff reporter
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 | | by Tawanda Karombo / qz.com
NPF: Possessed by a retrogressive agenda?
Mark Duncan, writing from Moscow, felt compelled to advise The Economist [Letters - A party of the people, April 14, 2018], that its belief that Russian youth post Gorbachev generation offered optimis...Published: 04 Jul 2018 at 08:22hrs | | by Tapiwa Nyandoro
Mobile phone network operators slash data tariffs
MOBILE Network Operators (MNOs) have slashed mobile data tariffs from 12,5 cents to five cents per megabyte in compliance with a Postal and Telecommunications Regulatory Authority of Zimbabwe directiv...Published: 02 Jul 2018 at 07:54hrs | 1 | by Staff reporter
Econet payroll moved to Ecocash
ECONET Wireless Zimbabwe has started paying its staff through EcoCash in what the telecommunications giant says is to spare its employees from the hassle of spending time in bank queues.In a s...Published: 21 Jun 2018 at 07:02hrs | | by Staff reporter
Econet unveils Ecocash business wallet
Econet's mobile money service Ecocash, has unveiled the Ecocash Business Wallet to cater for both formal and informal businesses, becoming the first in Africa to have an enterprise transaction service...Published: 21 Jun 2018 at 06:52hrs | | by Staff reporter
Why digital money makes sense
William Arthur Ward was an American who contributed a lot to the Reader's Digest. His main genres were inspirational maxims and meditations and poems. One of the things he said was: "A pessimist compl...Published: 19 Jun 2018 at 06:56hrs | | by Nick Mangwana
'I will make Zimbabwe a middle-income by 2030,' ED promises - just deliver first free elections or shipping out
"Muromo hauzarurwi nerwizi!" (Nothing can stop those who talk too much, not even a flooded river!) so goes the Shona adage. When you are dictator who is not democratically accountable to anyone, t...Published: 17 Jun 2018 at 11:36hrs | | by Nomusa Garikai
'I will be president in 2030,' says Mnangagwa
PRESIDENT Emmerson Mnangagwa has said he was confident of being the country's President in 2030, hence, the vision for the country's economy by that year was not a coincidence. Addressing capt...Published: 16 Jun 2018 at 21:56hrs | | by Staff reporter
Mnangagwa threatens 'Inept ministers'
President Mnangagwa has threatened to fire inept Provincial Ministers of State who fail to meet the targeted economic growth that is going to be set for their provinces, as part of the country's econo...Published: 15 Jun 2018 at 07:17hrs | | by Staff reporter
Zvorwadza urges vendors to embrace new dispensation
Informal traders in the Midlands Province have been urged to support the new dispensation and spurn attempts by some political parties to influence them against participating in the economic developme...Published: 04 Jun 2018 at 07:24hrs | | by Staff reporter
Mnangagwa's pay hike for civil servants not enough
The Zimbabwean government this month awarded civil servants a 15 percent salary increase but the pomp and fanfare was short-lived when basic commodity prices shot up as businesses sought to cushion th...Published: 03 Jun 2018 at 17:40hrs | | by Staff reporter
Zimbabwe govt needs to regain the trust of the people
The Zimbabwean government needs to regain the trust of the people to achieve its aim of creating a 'cashless society', an Overseas Development Institute research fellow has told PF International....Published: 23 May 2018 at 11:03hrs | | by Staff reporter
All road lead to Dotito - Mujuru party
Revolutionary greetings dear comrades. It is that time when an organisation has to campaign vigorously for the elections. NPP and the PRC alliance are ready to campaign, they are an oiled machine.&nbs...Published: 17 May 2018 at 14:46hrs | | by Khulani David Ndhlovu
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 | 11 | by Eng Jacob Mutisi
Load More Stories
