RBZ designates Zimswitch as a national payment switch

The Reserve Bank of Zimbabwe (RBZ) has designated Zimswitch as a national payment switch with immediate effect as it moves to operationalise Statutory

CBZ Bank launches Money Transfer Centre

CBZ Bank has launched a money transfer centre to facilitate ease of collection of funds from the diaspora and in line with its vision of being the pre

'EcoCash leads mobile money subscriber growth'

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)'s latest sector report shows that mobile money subscriptions grew by 4,6 p

WorldRemit partners with Mukuru

WorldRemit, the global online money transfer service has announced a partnership with Mukuru, one of Africa's largest remittance providers to broaden

RBZ to tighten noose on OneMoney

Reserve Bank of Zimbabwe governor John Mangudya's ambush raids on illegal forex trade faces a stern test as the government-owned mobile payment platfo

EcoCash unveils online self-service product

MOBILE money operator, EcoCash, has unveiled an online self-service portal that allows its agents, merchants, billers, bulk payers and payroll channel

RBZ cuts Zipit transaction limits

THE Reserve Bank of Zimbabwe (RBZ)'s Financial Intelligence Unit (FIU) has directed all banks to review downwards Zipit transaction limits to ZWL$20 0

FBC closes branches in digitalisation drive

FBC Holdings Limited will with effect from the beginning of next month close five of its branches in line with what the banking services group said is

Court upholds suspension of EcoCash agents

The Reserve Bank of Zimbabwe (RBZ) acted within its mandate when it suspended EcoCash mobile money agents from conducting financial transactions to cu

RBZ charges Ecocash directors with money laundering

The Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) has brought charges under the Money Laundering and Proceeds of Crime Act against Ecoc

Mobile money agents' 'illicit' deals exposed

THE Reserve Bank of Zimbabwe (RBZ) through its Financial Intelligence Unit (FIU) has established that most mobile money agent accounts were being abus

Zimbabwe diaspora remittances take a knock

COVID-19 is wreaking havoc on diaspora remittances in Zimbabwe where some households, which depend on assistance from relatives abroad, are in dire st

BancABC Zimbabwe launches Virtual Branch

At a time when banks worldwide are faced with the nightmare of scaling down their service in response to social distancing restrictions to stem the sp

Full list of Zimbabwe's Bank/ ZIPIT USSD codes

Due to the ongoing 21-day mandatory national lockdown which was instituted to curb the spread of the coronavirus (COVID-19) pandemic,  most peopl

Digital transactions take over Zimbabwe COVID-19 fight

SOME banks and a mobile network operator have shut their branches as digital transactions take centre stage in the fight against the coronavirus (COVI

Zimbabwe banks close branches, suspend some services

Several Zimbabwean banks have seen closures at some of their branches, while others are no longer accepting physical documents, as the southern Africa

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