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RBZ hikes limits for mobile money and electronic transactions
Zimbabwe's Reserve Bank (RBZ) has announced an increase in transaction limits for mobile money and electronic transfers, a move aimed at addressing the challenges posed by rising inflation and fluctua...Published: 02 Nov 2024 at 08:49hrs | 5045 | by Staff reporter
Will the new ‘ZiG' ‘gold backed' digital currency alleviate Zimbabwe's currency stability woes?
THE chronic problem of Zimbabwe's economy has its roots in the land reform activities that began more than 30 years ago.The principle of ‘ethnic balance' in land ownership was fair. The prob...Published: 08 Oct 2023 at 08:02hrs | 1 | by John Mc Keown
Consider paying Zimbabwe civil servants in gold coins'
Government has been urged to explore the feasibility of paying a portion of civil servants' salaries in gold-backed digital tokens and gold coins.The tokens have proven to be effective in mopp...Published: 12 Jul 2023 at 08:15hrs | | by Staff reporter
$14 billion gold digital tokens bought so far in Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) has said a total 139 570 982 milligrammes (139,57kg) of gold-backed digital tokens valued at $14 077 billion were bought during the initial sale, which opened on Mon...Published: 13 May 2023 at 18:25hrs | | by Staff reporter
Zimbabwe gold digital tokens to hit market on Monday
THE Reserve Bank of Zimbabwe (RBZ)'s will release its gold-backed digital tokens into the market on Monday to serve as both an instrument for store of value and transacting.The bank has since ...Published: 05 May 2023 at 20:22hrs | | by Staff reportr
ZimRights national director says Zimbabwe heading towards bloodbath
ZIMBABWE is faced with a multifaceted economic, political and social crisis. Observers say the challenges bedevilling the country will likely get worse ahead of the 2023 general elections as rival pol...Published: 20 Aug 2022 at 17:03hrs | 2 | by Staff reporter
Monetary Policy Analysis
The Reserve Bank of Zimbabwe (RBZ) presented its first monetary policy statement for 2022 on the 7th of February. The monetary policy comes after a 53.5% surge in foreign currency receipts from US$6.3...Published: 23 Feb 2022 at 19:41hrs | 7 | by Victor Bhoroma
Crypto Exchange vs Crypto Broker: What Is the Difference?
There are so many terms used in the crypto world that tend to be confused to mean the same thing, while they do not. A good number of crypto users assume that a broker and an exchange are the same. In...Published: 11 Nov 2021 at 10:48hrs | 11 | by Staff Writer
Debunking the biggest cryptocurrency myths in South Africa
To any potential South African investor entering the market to turn a profit, cryptocurrencies as well as the blockchain could seem perplexing at first. This is why we aim to debunk certain myths asso...Published: 17 Jun 2021 at 10:00hrs | 2 | by Staff Writer
Mastercard and Network International Pioneering Africa's digital payment revolution
Civilization has transformed trading and commerce from the prehistoric means which involved barter trades facilitated by the item-to-item exchange. The discrepancies and inconsistencies of goods valu...Published: 12 Apr 2021 at 12:27hrs | 2 | by Staff Writter
When is torrenting illegal?
Peer-to-peer sharing P2P (peer-to-peer) sharing is built upon the network of ‘peers’ that function both as clients and servers, allowing for a decentralised system of dat...Published: 29 May 2019 at 12:03hrs | | by Staff Writer
Fintech Trends for 2018
In this article, we will focus on the main fintech trends that will mark the path of the sector in the coming months.All the reports made by the main F...Published: 01 Jul 2018 at 08:12hrs | | by Agencies
African 'YouTube' to be officially launched in January 2018
Everyone knows something that the next person doesn't thus it is important that everyone shares their experiences with the world. Spurred by a deep yearning for freedom of expression and for the Afric...Published: 17 Jan 2018 at 05:48hrs | | by Staff reporter
Ecobank launches mVisa across 33 African Countries
LOME, Togo - Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross border level – and p...Published: 02 Oct 2017 at 17:45hrs | | by APO
Mobile payment service introduced in South Africa
Unbanked South Africans in rural communities and townships can now access a variety of financial services through MobiCash, a recently introduced mobile payment services platform.According to ...Published: 23 May 2016 at 07:28hrs | 1 | by MobiCash creates wider channels for users to transact without withdrawing funds, says MobiCash's Donald Mudenge.
EcoCash, MTN launch money transfer service
Zimbabwe's largest mobile money service, EcoCash, and MTN mobile money in Zambia have launched a money transfer service that allows Zimbabweans living in Zambia to send money home using MTN money wall...Published: 19 May 2016 at 06:35hrs | | by Business Reporter
Denying people internet access is a human rights violation: UN
A United Nations report said Friday that disconnecting people from the internet is a human rights violation and against international law. The report railed against ...Published: 11 Jun 2011 at 06:46hrs | | by Wired
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