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Driver defrauds InnBucks of US$13,700
Cleopas Chisingarambwe, a part-time driver for Abro Coaches, appeared in the Harare Magistrates Court on charges of defrauding InnBucks MicroBank of US$13,700. Magistrate Dennis Mangosi re...Published: 22 Aug 2024 at 07:19hrs | 3776 | by Staff reporter
Econet network challenges persist
The technical difficulties plaguing Econet Wireless Zimbabwe (EWZ), the country's leading mobile telecommunications, media, and technology company, persisted into the third day on Friday, causing conc...Published: 09 Mar 2024 at 10:57hrs | 2 | by Staff reporter
NetOne adds more value for money USD bundles
NetOne, Zimbabwe's leading digital solutions mobile network operator, has announced the launch of new WhatsApp, Facebook, Twitter and Instagram bundles, denominated in US dollars. The move is ...Published: 31 Jul 2023 at 06:51hrs | 8 | by Staff reporter
RBZ lifts MetBank suspension
THE Reserve Bank of Zimbabwe has with immediate effect lifted the suspension of Metbank Limited from foreign currency exchange trading.In April, the Apex Bank slapped the bank with suspension ...Published: 08 Jun 2022 at 18:31hrs | | by Staff reporter
Money transfer agents warn of massive transaction fee hike
PRESIDENT Emmerson Mnangagwa's recent imposition of a mandatory 4% Intermediate Monetary Transfer Tax (IMTT) on domestic foreign currency transfers has the potential to double transaction fees being p...Published: 12 May 2022 at 06:29hrs | | by Staff reporter
RBZ suspends Access Forex with immediate effect
THERE is a bloodbath in the financial services sector, with the Reserve Bank of Zimbabwe (RBZ) Monday shutting down yet another foreign currency dealership, Access Forex.The company announced ...Published: 25 Apr 2022 at 18:01hrs | | 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
RBZ shuts down InnBucks
THE Reserve Bank of Zimbabwe (RBZ) has ordered Simbisa Brands Pvt (Ltd) to stop operating its money transfer platform, InnBucks.InnBucks had become one of the country's main US dollar transfer...Published: 20 Apr 2022 at 19:28hrs | | by Staff reporter
BREAKING: RBZ bans Innbucks from operating
The Reserve Bank of Zimbabwe Governor John Panonetsa Mangudya has ordered the immediate banning of InnBucks money transfer service over failure to regularise its operations. Mangudya said the order me...Published: 20 Apr 2022 at 18:33hrs | | by Mandla Ndlovu
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