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Jailed Zimra staffer loses US$1,1m property
PROPERTIES valued at US$1,1 million including plush mansions in Glen Lorne and Shawasha Hills in Harare, a flat and Mercedes Benz acquired through corrupt means by a Zimra official convicted of fraud ...Published: 04 Jul 2022 at 06:55hrs | | by Staff reporter
Chiefs in vehicle purchase scam
THE National Chiefs Council has been caught in a vehicle scam after inflating prices for four Isuzu twin-cab trucks, with each vehicle gobbling about US$125 000 against a market value of between US$38...Published: 19 Jun 2021 at 14:57hrs | 8 | by Staff reporter
Mthuli Ncube to establish Offshore Financial Centre in Zimbabwe
Finance and Economic Development Minister Mthuli Ncube says Zimbabwe is "very serious" about establishing an Offshore Financial Centre (OFC) in the country, but analysts say given the country's handli...Published: 16 Aug 2019 at 08:06hrs | | by Staff reporter
Paynet, banks impasse slows billions
AN irretrievably broken down relationship between banks and Paynet Zimbabwe, which until June this year was Zimbabwe's sole bulk payments enabler, may have significantly cut down turnaround time for t...Published: 19 Jul 2019 at 07:52hrs | | by Staff reporter
Paynet readmits 3 banks as alternative is tested
Bulk payments service provider, Paynet Zimbabwe, may have readmitted at least three banks (names withheld) to its platform, days after indicating it will initiate legal action to claim US$100 million ...Published: 16 Jul 2019 at 07:21hrs | | by Staff reporter
Tendai Biti speaks on ZESA blackout
MDC Vice President Tendai Biti says the Emmerson Mnangagwa led government will not be able to fix the current socio-economic challenges bedevilling the country. Zimbabwe is currently facing ca...Published: 05 Jul 2019 at 10:09hrs | | by Mandla Ndlovu
Zimbabwe banks dump Paynet
ZIMBABWE banks have dumped Paynet, a subsidiary of Mauritian financial services provider Cambria, as they are developing their own new system expected to be in place mid-July, businessdigest has learn...Published: 30 Jun 2019 at 09:07hrs | | by Staff reporter
'ZANU PF now a threat to the country' says Biti
MDC Vice President Tendai Biti says the SI 142 of 2019 gazetted on Monday by Finance Minister Mthuli Ncube is the last straw that shall lead to the removal of ZANU PF from power. On Monday Ncu...Published: 25 Jun 2019 at 10:23hrs | | by Mandla Ndlovu
NetOne steps in to solve Zimbabwe's financial crisis
State Owned Mobile Telecommunications giant NetOne has stepped in to offer a solution to the salary payments crisis resulting from a dispute between local banks and Mauritian company, Paynet.N...Published: 21 Jun 2019 at 13:16hrs | | by Simbarashe Sithole
NetOne crafts bulk payments solution
STATE-owned mobile telecommunications giant, NetOne has stepped in to offer a salary and bulk payments solution due to the ongoing dispute between local banks and a Mauritian firm, Payserv Africa. ...Published: 21 Jun 2019 at 07:16hrs | | by Staff reporter
Mnangagwa's soldiers, nurses fail to access their salaries
Some civil servants - most of them soldiers and nurses - failed to access their salaries on Friday after a Mauritian company switched off its electronic payments processing system.Most Zimbabw...Published: 14 Jun 2019 at 20:08hrs | 1 | by Staff reporter
Paynet switches off Zimbabwe banks
PAYNET, a subsidiary of Mauritian financial services provider Payserv Africa, has suspended all local financial institutions from its transacting platform after they refused to pay in foreign currency...Published: 14 Jun 2019 at 08:24hrs | | by Staff reporter
Hungry lions hoovering around to devour Nyaminyami RDC response
I am Mwiimpu Hanjeleha of Monze, Zambia. I read the above story in your news online. I have been serving in the NGOs sector in that district. The persons being attacked in that piece I know them total...Published: 10 Jun 2019 at 07:34hrs | 2 | by Mwiimpu Hanjeleha
Forex shortages hit Zimbabwe's payment systems
ZIMBABWE'S payments ecosystem faces collapse as players in the sector are failing to pay licensed and maintenance fees to foreign service providers, Standardbusines has established.In recent w...Published: 17 Mar 2019 at 08:46hrs | 2 | by Staff reporter
Paynet Zimbabwe services go offline
BUSINESS has been affected after Paynet Zimbabwe services went offline, cutting off local banks following failure to pay external licence fees. Paynet is the electronic payments processing sys...Published: 15 Mar 2019 at 05:56hrs | | by Staff reporter
Man breaks into Zimra server, steals $2,3m
A 34-YEAR-OLD unemployed man yesterday appeared at the Harare Magistrates Court charged with unauthorised access to a computer linked to the Zimbabwe Revenue Authority (Zimra) Paynet server where he a...Published: 28 Feb 2019 at 06:16hrs | | by Staff reporter
IMF raises red flag over Zimbabwe cash crisis
The International Monetary Fund (IMF) has blamed Zimbabwe's unrelenting cash shortages on government's runaway spending and a comatose economy.IMF's outgoing mission chief for Zimbabwe Anna Lu...Published: 16 Jul 2017 at 14:32hrs | | by Staff reporter
Cross-border telephone remittances increase in Africa
More people in Africa's poorest countries have mobile phones than have bank accounts. That reality is spurring mobile service companies to explore how they can capture a share of the potential banking...Published: 24 Jan 2012 at 13:28hrs | | by Anna McGovern
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