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Mukuru expanding into deposit-taking microfinance institution
Zimbabwe's rapidly growing remittance sector has prompted several money transfer platforms to diversify their services, with Mukuru Financial Services Zimbabwe Limited becoming the latest to be licens...Published: 19 Dec 2024 at 16:56hrs | 502 | by Staff reporter
Zimbabwe says man who sent out airport bomb warning on e-mail arrested
Zimbabwe's presidency on Monday confirmed the arrest of a 26-year-old South African man alleged to be the sender of an email which caused travel chaos last Friday, including forcing President Emmerson...Published: 04 Mar 2024 at 18:34hrs | 9 | by Staff reporter
Behind the Scenes: How money transfer businesses make money
In an era of global connectivity, the ability to transfer money across borders efficiently has become a crucial service. Whether supporting families, facilitating business transactions, or aiding in e...Published: 29 Dec 2023 at 20:50hrs | 35 | by Libz Mbanje
RBZ lifts Access Forex suspension
Access Forex is back in the business of local remittances after a few days of suspension due to pending Exchange Control regulatory approvals.This comes after the Reserve Bank of Zimbabwe gave...Published: 28 Apr 2022 at 08:54hrs | 2 | by Staff reporter
RBZ gives Access Forex the greenlight on local transfers
THE country's fastest growing domestic and international money transfer platform Access Forex is back in the business of local remittances after a few days of suspension due to pending Exchange Contro...Published: 27 Apr 2022 at 18:38hrs | 30 | by Staff Reporter
New money transfer firm enters Zimbabwe market
A new international money transfer company, Mojo Mula Transfers, has entered Zimbabwe's financial market after partnering with retail giant, OK Zimbabwe to open branches across the country.The...Published: 17 Nov 2021 at 05:06hrs | 21 | by Staff reporter
Zimbabwe money transfer agencies to import own notes
Zimbabwean money transfer agencies face increasing problems in meeting their customer obligations owing to the termination of correspondent-bank arrangements between local banks and international fina...Published: 22 Feb 2019 at 10:29hrs | | by Staff reporter
Forex shortages hit money transfer agencies
Money transfer agencies mainly Western Union, have become latest victims of foreign currency shortages as it emerged they are failing to access hard cash from local banks for onward transfer to receiv...Published: 19 Feb 2019 at 22:57hrs | 1 | by Staff reporter
Diaspora remittances into Zimbabwe to top $1 billion this year
INTERNATIONAL remittances inflows into Zimbabwe are expected to top $1 billion this year up from $837 million last year as the Reserve Bank moves to liberalise the transfer of money into the country....Published: 10 May 2015 at 10:06hrs | 1 | by Gabriel Masvora
SA company wins bid to buy Homelink
ADDAX Trading, a South African-based company has won the bid to buy Homelink Private Ltd for $22 million, sources familiar with the transaction said.The company won the bid ahead of other cont...Published: 16 May 2014 at 07:07hrs | | by Martin Kadzere
Zim Achievers Awards appoint ZymPay as main sponsor
THE Zimbabwe Achievers Awards has unveiled ethical money transfer business ZymPay Ltd as the main sponsors for this year's edition of the premier red carpet show...Published: 12 Jun 2014 at 13:20hrs | | by Staff reporter
Zimbabwe mobile money agents form association
Agents handling mobile money transactions for Econet, Telecel Zimbabwe and NetOne in Zimbabwe have formed an association to advance their interests and lobby for inclusion in policy making....Published: 11 Feb 2014 at 15:35hrs | 1 | by Staff reporter
Zimpost launches new money transfer service
Zimpost on Monday launched a new money transfer service, Zipcash that allows Zimbabweans to send money locally and internationally using an electronic platform.Speaking at the official launch,...Published: 22 Oct 2013 at 12:15hrs | | by Staff reporter
Tapping migration wealth to fund development
African diaspora remittances can reduce poverty In a small and stuffy room in midtown Manhattan, some people are filling in forms while others wait pati...Published: 07 Sep 2013 at 06:05hrs | 3 | by Jocelyne Sambira
Econet appoints EcoCash CEO
Econet has appointed Cuthbert Tembedza as chief executive solely for EcoCash, indicating growing confidence in the mobile money transfer business. Tembedza, who has been with the mobile networ...Published: 21 Feb 2013 at 05:30hrs | | by Staff reporter
WorldRemit Launches Online Money Transfer to South Africa
WorldRemit today announced the launch of an online money transfer to South Afri...Published: 20 Jun 2011 at 14:16hrs | | by Nare Msupatsila
WorldRemit money transfer from Canada to Zimbabwe
WorldRemit, an award-winning money transfer business, has now launched its service in Canada. Well received by Zimbabweans in the UK where it was launched earlier this year, the service offers c...Published: 01 Apr 2011 at 04:50hrs | 1 | by Byo24News
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