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Mukuru advocates for cashless economy
The logistics of handling cash in Zimbabwe present significant obstacles, but Doug Tait-Knight, the Chief Executive Officer of Mukuru Zimbabwe Financial Services, believes that embracing digital payme...Published: 09 Feb 2025 at 11:30hrs | 1439 | 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 | 3 | by Staff reporter
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
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 | 1 | 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 | 2 | 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 | 1 | 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
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 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 | 1 | 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 | 4 | 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 | 4 | by Staff reporter
Zimbabwe pensioners deserve more
'Any injustice to one is injustice to all', very true, I quote from another affected fellow suffering citizen. ...Published: 30 Mar 2018 at 21:18hrs | | by Tondorindo. Chinehasha
Going Digital- Removing the hassle out of school fees payments in Zimbabwe
Cash is a crisis in Zimbabwe. Depending on where you stand on the digital financial inclusion discussion, this could be a great opportunity or a great inconvenience. One thing that canno...Published: 07 Mar 2018 at 07:18hrs | 4 | by Agencies
Embrace use of plastic money
The country of Norway, operates on a 100% cashless economy, yes its true. After all, cash itself can not be 'eaten', one has to hand it over in exchange for goods and services. In light of the...Published: 02 Mar 2018 at 07:07hrs | | by Thomas Murisa
Africa's quest for a cashless economy gains momentum
Insufficient financial inclusion, unbanked masses and financial literacy are increasingly attracting investors When she needed to transfer money to a f...Published: 30 May 2017 at 21:28hrs | 2 | by Kingsley Ighobor
Mutambara lays down the gauntlet
ZIMBABWE People First (ZimPF) interim leader Agrippa Mutambara has declared that the country's politics would soon experience a major paradigm shift despite the internal power struggles rocking the fl...Published: 15 May 2017 at 06:50hrs | | by Staff reporter
100% cashless economy for Zimbabwe?
There is too much speculation going on right now in Zimbabwe around the uncertainty concerning the introduction of bond notes and what that will mean for the future of Zimbabwe's economy.While...Published: 11 Nov 2016 at 11:38hrs | | by Donald Mudenge
US dollar notes disappear, authorities fingered
ZIMBABWE'S fragile economic situation is lurching towards fresh depths amid indications that small United States dollar denominations are disappearing from circulation, thereby raising the possibi...Published: 29 Sep 2016 at 10:54hrs | 1 | by Staff reporter
Plastic money use now popular
Zimbabweans are slowly embracing the use of plastic money as cash shortage continue resulting on most business ventures cashing in.Most major retail outlets including pubs ...Published: 22 Sep 2016 at 09:49hrs | 1 | by Staff reporter
NMBZ pushes for plastic money economy
NMBZ flagship arm, NMB Bank introduced a mobile application and other technologically driven measures aimed at promoting the realization of a cashless economy in Zimbabwe. The bank's marke...Published: 04 Aug 2016 at 09:01hrs | 1 | by Staff reporter
Zimbabwe edging closer to cashless economy
Zimbabwe is edging closer to become a cashless economy following a huge improvement in the use of mobile money and digital transactions by industry and commerce.Statistics released at the mobi...Published: 28 Jul 2016 at 19:19hrs | | by Staff Reporter
Opening of bank accounts on the rise
The financial sector has experienced a rise on new accounts from workers after employers directed workers to open bank accounts for easy access of their wages or salaries.The cash challeng...Published: 12 Jul 2016 at 18:05hrs | | by Staff reporter
Zimbabwean urban areas embrace plastic money
Plastic money accounts for 80 percent of transactions in urban areas while transactions in multiple currencies have embraced by most most Government departments, parastatals and State-owned enterprise...Published: 26 Jun 2016 at 09:02hrs | 4 | by Staff reporter
'Introduction of bond notes, a better DEVIL'
A Bulawayo based lawyer Robinson Mahachi has claimed that the introduction of the #bond_notes at the time when the country faces serious cash shortages appeared to be a better devil.On his Fac...Published: 19 Jun 2016 at 07:19hrs | | by Stephen Jakes
Time to change from our dogmatist approach
"Without courage we cannot practice any other virtue with consistency. We can't be kind, true, merciful, generous, or honest" Maya Angelou. The resonance of wise words by Maya Angelou allow for applic...Published: 10 Apr 2016 at 17:30hrs | | by Tanaka Karanda
Reserve Bank of Zimbabwe pushes for cashless economy
The Reserve Bank of Zimbabwe is confident of increasing plastic money usage to 80 percent from the current 20 percent in the next five years as the fiscal authorities push for a cashless economy....Published: 16 Mar 2016 at 17:10hrs | | by staff Reporter
Understanding Mugabe and Mnangagwa's relationship
With unrelenting infighting in Zanu-PF, and lately, the deepening economic crisis, many thought that Vice President Emmerson Mnangagwa would make good of his newly acquired strategic position as vice ...Published: 15 Jan 2016 at 05:57hrs | 7 | by Simukai Tinhu
Econet transacts $200m monthly through EcoCash
ECONET Wireless Zimbabwe says more than $200 million is being transacted per month through the telecommunication's mobile money transfer platform, EcoCash, resulting in the transformation of the count...Published: 27 Jan 2014 at 16:03hrs | | by Chronicle
Strive Masiwa wants to turn Zimbabwe into a cashless economy
FORTUNE - Zimbabwean telecom tycoon (and the country's only billionaire) Strive Masiyiwa has been called a "global business influential," a "face of New Africa," and the "Bill Gates of Africa." He con...Published: 23 Jan 2014 at 07:00hrs | 2 | by CNN
Zim financial institutions embrace plastic money
Financial institutions have heeded the call by players in the tourism industry to introduce plastic money as they gear up for the upcoming United Nations World Tourism Organisation (UNWTO) General ...Published: 14 Jun 2012 at 07:04hrs | | by Staff reporter
Zim moves to cashless society as US$3 million deal yields fruit
Smartpayment Solutions (Smartpay), in conjunction with South Africa's NET1, will on the 22nd of this month kick off a pilot project of Net1's Universal Electronic Payment System (UEPS) in Chitungwiza ...Published: 14 Nov 2011 at 17:50hrs | 2 | by Staff reporter
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