Stanbic enhances digital banking

Stanbic Bank is stepping up the digitisation exercise hot on the heels of being named Best Bank of The Year in 2019 by leading financial magazine, The

Zimnat introduces courtesy car and new claims process

Zimnat General Insurance today launched a new motor claims process and a towing and courtesy car service to make life as easy and stress-free as possi

Zimbabwe banks urged to upgrade ICT systems

The Reserve Bank Of Zimbabwe governor, John Mangudya has urged banks to upgrade their ICT systems IN consistent with the developments in the Fourth In

CABS to close 4 branches

CABS says it will close four branches in Chegutu, Mount Darwin, Chivhu and Mpandawana as of March 31 2020.Zimbabwe's biggest mortgage lender w

POSB goes digital

ZIMBABWE'S largest bank by branch network, the government-owned Peoples Own Savings Bank (POSB), is embracing technology in line with global trends in

CBZ bows down to client backlash

FINANCIAL services group, CBZ Holdings, says it will review downwards its Point of Sale (POS) charges following a backlash from its customers.

In Zimbabwe, convenience of mobile money comes at a steep cost

Garwe has her funds in "mobile money," a cellphone-based savings account that uses Zimbabwean dollars (ZWL) as a digital currency - a convenient way f

CBZ to lower POS charges

CBZ Holdings has promised to lower its Point Of Sale (POS) charges on their customers assuring them that they have heard their cries.According

Ecobank goes paperless

PAN-African banking group, Ecobank, says its local unit is going paperless by embracing electronic and mobile banking payments to enhance efficiency a

CABS to shut down four branches

The Central Africa Building Society (CABS) will be shutting down the Highfield, Highglen, Letombo and Norton branches on 31 January 2020 as part of th

EcoCash services remain subdued

Ecocash services remained subdued yesterday with no improvement in sight but with the firm assuring customers that the platform would soon stabilise a

Paynet loses US$100m lawsuit

PAYNET Zimbabwe (Pvt) Ltd, a subsidiary of Mauritius registered firm, Payserv Africa Limited, has lost a US$100 million lawsuit against the Bankers As

Business suffers as EcoCash still down

Retailers and other business entities may have lost potential revenue running into hundreds of millions of dollars after Zimbabwe's biggest mobile mon

EcoCash to be shutdown for 24 hours

EcoCash today announced a major upgrade of its platform scheduled for the weekend, which will result in a 24-hour downtime of all EcoCash services.

Zimbabwe well advanced in e-payments, says VISA

Zimbabwe is one of the most advanced countries in electronic payments accounting for 90 to 98 percent of all payments made, but reports say the rural

Mobile money brings hyperinflation back

Hyperinflation is making an unwanted return to Zimbabwe. We don't know how bad it is because the government has suspended publishing official figures