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Zimbabwe govt rolls out POS machines to formalise informal businesses

The Zimbabwean government has commenced a nationwide programme to integrate unregistered businesses into the formal economy by distributing point-of-sale (POS) machines, which are now a prerequisite for obtaining operating licences.Authori…

Published: 09 Mar 2025 at 13:08hrs | 230 | by Staff reporter

Zimbabwe vendors required to use POS machines

The Government has introduced a directive requiring all vendors to use Point of Sale (POS) machines and open bank accounts as part of their registration process. This initiative, implemented in collaboration with local authorities, aims to…

Published: 13 Feb 2025 at 06:30hrs | 754 | by Staff reporter

Zimbabwe raises savings rates, cuts POS charges

The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measures, announced by RBZ Governor Dr. John…

Published: 07 Feb 2025 at 06:35hrs | 417 | by Staff reporter

Zimbabwe shops continue to reject ZiG

The surge in black-market exchange rates, which peaked at US$1:25 ZiG, has led some businesses in Bulawayo to reject transactions in Zimbabwe Gold (ZiG), defying government directives. This defiance undermines the governmentâ€™s efforts to…

Published: 30 Jul 2024 at 07:39hrs | 1853 | by Staff reporter

How to purchase the right retail management system

A good POS should be easy to use, secure, and convenient. Still more, a good POS should make your company efficient and productive. So, if you haven't brought a POS into your business, you are missing a lot. It's time to ditch those old ca…

Published: 24 Oct 2021 at 09:02hrs | 4 | by Staff writer

Downtown shops must pay tax

The trend in town is that unless one wants to buy from a supermarket, he has to be armed with a credit card only east of Julius Nyerere Way. Tradition has it that downtown shops trade only in hard cash despite the widespread use of plastic…

Published: 13 Feb 2017 at 14:02hrs | 15 | by Chigumbu Warikandwa

Retailers request more POS machines

RETAILERS have implored the Government to double its 2017 target of Point of Sale (POS) machines as the country moves closer towards fulfilling the financial inclusion strategy.The Reserve Bank of Zimbabwe has set a target to distribute 50…

Published: 05 Feb 2017 at 07:30hrs | 4 | by Staff reporter

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Search / Pos

Zimbabwe govt rolls out POS machines to formalise informal businesses

Zimbabwe vendors required to use POS machines

Zimbabwe raises savings rates, cuts POS charges

Zimbabwe shops continue to reject ZiG

How to purchase the right retail management system

Downtown shops must pay tax

Retailers request more POS machines

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