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122-year-old Zimbabwean finally gets funeral cover
South Africa-based Zimbabwean funeral services company Zororo-Phumulani has stepped in to support 122-year-old uMkhulu Anulois Banda after the centenarian's application for funeral cover was rejected ...Published: 14 May 2025 at 12:34hrs | 1771 | by Staff reporter
Maid cries foul after son's exam fees vanishes
The soft swish of a mop echoes through a spacious Waterfalls home in Harare, each stroke a part of Sharon Nyemba's daily rhythm. At 45, Nyemba is a domestic worker and single mother whose calloused ha...Published: 12 Apr 2025 at 15:39hrs | 1762 | by Staff reporter
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 374 | by Constantine Chikosi
Mumba money CEO and Mukuru CIO share insights at a financial services event in Johannesburg
The Evolution of Cross-Border Payments Conference held in Johannesburg brought together industry leaders, experts, and visionaries to discuss the future of the global payments landscape. The event wit...Published: 23 Nov 2023 at 11:17hrs | 44 | by Mandla Ndlovu
Value project promotes access to finance for small, medium pork producers
The VALUE project is promoting access to finance for value chain upgrading for small and medium scale pork producers in 8 districts where the project is operational.This is revealed in the lat...Published: 27 Apr 2022 at 12:53hrs | 38 | by Stephen Jakes
Gauteng High Court asking the court to declare US sanctions on Zimbabwe illegal and unconstitutional
The Zimbabwe Anti-Sanctions Movement is asking the court to declare US sanctions illegal and unconstitutional.In a potentially ground-breaking international case, a group called the Zimbabwe A...Published: 15 Mar 2022 at 16:14hrs | 13 | by Staff reporter
Zimbabweans sue Ramaphosa, to lose case as he appoints Zondo
ZIMBABWE Exemption Permits (Zep) holders have amended their court application suing South African President Cyril Ramaphosa and his cabinet for cancelling their right to stay and work in the neighbour...Published: 11 Mar 2022 at 18:18hrs | 1 | by Staff reporter
Anti Zimbabwe sanctions crusades heat up in SA
THE legal case, in which a South African-based anti-sanctions lobby group is suing United States President Joe Biden over the Zimbabwe Democracy and Economic Recovery Act (Zidera), has escalated with ...Published: 11 Mar 2022 at 07:27hrs | | by Staff reporter
Russian banks switch to Chinese UnionPay after dicthing America's visa and mastercard
Several Russian banks on Sunday announced plans to start issuing cards using the Chinese UnionPay card operator system.The step, which came shortly after Mastercard and Visa pledged to cease o...Published: 07 Mar 2022 at 05:29hrs | 4 | by Staff reporter
Anti-sanctions crusades heat up in SA
THE legal case, in which a South African-based anti-sanctions lobby group is suing United States President Joe Biden over the Zimbabwe Democracy and Economic Recovery Act (Zidera), has escalated with ...Published: 04 Mar 2022 at 17:43hrs | 1 | by Staff reporter
RBZ orders banks to freeze forex dealers' accounts
THE Reserve Bank of Zimbabwe (RBZ) has ordered banks and other financial services providers to immediately freeze accounts belonging to 30 nationals who are ring leaders of parallel market foreign cur...Published: 28 Sep 2021 at 20:04hrs | | by Staff reporter
BREAKING: RBZ releases list of money launderers
MEASURES AGAINST INDIVIDUALS ABUSING MOBILE PHONE SERVICES AND SOCIAL MEDIA TO PROMOTE AND FACILITATE ILLEGAL FOREIGN EXCHANGE TRANSACTIONS AND MONEY-LAUNDERING ACTIVI...Published: 28 Sep 2021 at 14:30hrs | | by Staff Reporter
Sanctions cost Zimbabwean man £5 000
In a development that shows how sanctions have bled the country in the past two decades, a businessman lost £5 000 after trying to move assets from one cryptocurrency exchange system because of being...Published: 02 Jun 2021 at 07:07hrs | 2 | by Staff reporter
Identity theft a reality, be on high alert
IN the past few days, a crime alert message went viral on social media platforms warning of identity theft.The truth of the matter is, your identity can be stolen in so many different ways. To...Published: 27 May 2021 at 07:19hrs | 24 | by Jacob Kudzayi Mutisi
'Zimbabwe's money laundering threat, vulnerability risk ranked medium'
Zimbabwe lost an average $900 million per year between 2014 and 2018 to money laundering but the country's money laundering threat was assessed to be medium, according to the Financial Intelligence Un...Published: 05 Oct 2020 at 18:27hrs | | by Staff reporter
Financial Expert Shalom Govero shares insight into earning and saving money
This past week, the world celebrated Global Money Week, an initiative by Child and Youth Finance International (CYFI) which is an annual financial awareness campaign built to inspire children and youn...Published: 30 Mar 2019 at 18:57hrs | 6 | by Shalom Govero
Mortgage loans up 44%
A total of $98,7 million mortgage loans were advanced to clients in the seven months to July 2018, an industry official has said. The figure is 44,3 percent more than the $55 million which was extende...Published: 02 Oct 2018 at 09:36hrs | 2 | by Staff reporter
Govt slashes e-payment charges
Government yesterday slashed unstructured supplementary service data (USSD) charges by more than half to 5 cents per session effective July 1, as it moves to accelerate the use of e-payments.U...Published: 21 Jun 2018 at 07:13hrs | | by Staff reporter
Banks set to cut transaction costs
The cost of mobile and internet-based financial services is set for a significant drop after Government directed that the charge for Unstructured Supplementary Service Data (USSD), the technology plat...Published: 21 Jun 2018 at 06:47hrs | | by Staff reporter
NMBZ records half-year profit before tax of $4,8 million
NMBZ Holdings, NMB Bank's holding company, recorded a profit before tax of $4 838 174 for the half-year ended June 30, 2017, resulting in total comprehensive income of $3 556 915.This was an i...Published: 23 Aug 2017 at 17:14hrs | 2 | by Agencies
Arise becomes second largest NMBZ shareholder
Arise, an investment company that was formed by a partnership between Norfund (a Norwegian investment fund), FMO (a Dutch development fund) and Rabobank (a Dutch commercial bank) has taken over 69.14 ...Published: 21 Aug 2017 at 15:34hrs | 1 | by Agencies
EcoCash reduces monthly transaction limit again
MOBILE money service EcoCash has announced a further reduction in the monthly transaction limit under its MasterCard debit card from $500 to $400.In December EcoCash reduced the monthly tr...Published: 13 Feb 2017 at 05:46hrs | 2 | by Staff reporter
NMBZ welcomes new shareholder partnership
NMBZ shareholders FMO of the Netherlands and Norfund of Norway have joined forces with Rabobank of the Netherlands to pool their investments in financial institutions across Africa. The new company fo...Published: 04 Aug 2016 at 12:35hrs | 1 | by Mike Hamilton
Econet unveils EcoCash Savings Club
Mobile telecoms operator Econet Wireless has launched 'EcoCash Savings Club', a new mobile product to support savings groups across the country.According to Econet anyone registered on EcoCash...Published: 07 May 2015 at 17:39hrs | 1 | by Staff reporter
Financial service providers gets $11,5 million to boost operations
THE Zimbabwe Microfinance Wholesale Facility Trust (ZMWFT) has disbursed $1.5 million to capacitate the operations of financial service providers that serve micro, small and medium enterprises since ...Published: 23 Apr 2013 at 07:06hrs | | by Business 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
Protect financial services consumers: Welshman Ncube
Trade and commerce minister Welshman Ncube has called for concrete action and strengthening of consumer protection in the financial services sector.Ncube said there is no doubt on the link be...Published: 20 Jun 2011 at 06:22hrs | | by .
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