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Man loses US$457 000 to bitcoin dealer
A Harare man who specialises in cryptocurrency (bitcoin) business has appeared in court for allegedly duping an eye specialist of US$457 000 in a bitcoin deal by stealing the money from his accounts....Published: 07 Jun 2023 at 16:28hrs | 12 | by Staff reporter
RBZ conducts digital currency survey
THE Reserve Bank of Zimbabwe (RBZ) has stepped up plans to create Zimbabwe's own Central Bank Digital Currency (CBDC) on a phased approach by carrying-out consumer perception surveys.The bank'...Published: 11 Nov 2022 at 05:04hrs | 1 | by Staff reporter
Bitcoin pyramid scheme collapses
INNOCENT Matongo, a Zimbabwean expatriate worker based in Boksburg, South Africa is ruing the day he decided to latch on to a get-rich-quick scheme.After investing thousands of United States d...Published: 05 Sep 2021 at 06:52hrs | 10 | by Emmanuel Kafe
RTGS Dollar ≠ Crypto-currency
On Friday 22 February 2019, our analyst; Batanai Matsika had an interesting interview with South Africa's Business Day TV (DSTV Channel 412). The conversation focused on the recently announced...Published: 05 Mar 2019 at 07:53hrs | 1 | by Batanai Matsika
Time is right for alternative money
THE controversy surrounding the introduction of another local currency continues unabated. This time it was the former Finance minister, Tendai Biti, who ignited the current debate when he announced g...Published: 15 Feb 2019 at 08:24hrs | 12 | by Zimwara
Yes, I bought a €4m Bugatti - Buyanga
Gift Phiri of the Daily News sits down for a wide-ranging interview with 39-year-old businessman Frank Buyanga. Find below excerpts of the interview.Q: I understand you commenced your entrepre...Published: 07 Oct 2018 at 19:36hrs | 2 | by Staff reporter
Zimbabwe urged to legalise use of crypto-currencies
GOVERNMENT should consider legalising and regulating the use of crypto-currencies so as to benefit from tax collections and minimise financial crimes such as money laundering.This was said by ...Published: 29 Aug 2018 at 06:40hrs | | by Staff reporter
High Court lifts RBZ crypto-currency trading ban
The High Court has reversed the ban on crypto-currency trading by the Reserve Bank of Zimbabwe after a local virtual currency exchange house challenged the decision.Golix made an urgent court ...Published: 24 May 2018 at 17:48hrs | 2 | by Simiso Mlevu
Nelson Mandela's golden hand casts sell for $10m in bitcoin
Canadian crypto-currency exchange firm Arbitrade bought four casts from South African businessman Malcolm Duncan ADDIS ABABA, Ethiopia - Gold castings ...Published: 28 Mar 2018 at 11:44hrs | 3 | by APO
Decoding block chain for municipalities
BY 2010 the City of Bulawayo had registered their domain name citybyo.co.zw but did not have a functional website or an email service associated with their domain.Knowing the City Fathers to b...Published: 28 Mar 2018 at 07:22hrs | | by Robert Ndlovu
Block chain can solve social media's biggest problems
AS a follow up to my recent article about fake news on social media, this piece sheds light on the block chain technology and how it could be just what the doctor ordered.To those who do not k...Published: 15 Mar 2018 at 14:19hrs | 1 | by Robert Ndlovu
Bitcoin dips below $10,000
Bitcoin has traded below $10,000 for the first time since early December.The value of one bitcoin fell to $9,958 (£7,222) before making a slight recovery, according to the price index run by ...Published: 17 Jan 2018 at 13:39hrs | 9 | by BBC
Zimbabwe faces cryptocurrency challenge
LOCAL banks acknowledge the rise in crypto-currencies and the potential threat it has on the traditional banking system, but still cannot measure the extent of market share it has "stolen" as it remai...Published: 24 Dec 2017 at 07:14hrs | | by Staff Reporter
Why there is a rush for bitcoins in Zimbabwe
APPLE Inc co-founder Steve Wozniak recently declared that bitcoin is "better than gold and the United States dollar".Wozniak even went a step further to compare having a bitcoin to owning a ho...Published: 29 Oct 2017 at 07:18hrs | | by Staff reporter
Warped World: Future is BitCoin, Zim opts for Billy Goat, Citizens choose memes
Zimbabwe's social media realm has been metaphorically invaded by unimpressive jokes and dull memes whose main theme is a since rebuffed proposal to adopt a primitive trading method whose currency is t...Published: 22 Apr 2017 at 19:55hrs | | by Chenai Makurumure
Can the South African Rand rescue Zimbabwe's economy?
TENDAI Biti sits in his office in a leafy Harare suburb, contemplating another collapse of the Zimbabwean economy.Thanks to a chronic shortage of United States dollars, the country is running ...Published: 24 Nov 2016 at 08:22hrs | 7 | by Simon Allison
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