JOHN MANGUDYA
BUSINESS TECHNOLOGY MEDIA FOR AFRICA
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24 Apr 2023

Zimbabwe to launch gold-backed digital currency

Zimbabwe, which has been battling run-away inflation, is hoping to stabilise the local unit with the digital currency.
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Zimbabwe’s Central Bank wants to rein in cloud-driven Fintech

Reserve Bank of Zimbabwe plans to release guidelines for financial organisations in order to govern cloud migration, services and application.
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17 Aug 2022

Zimbabwe has two Fintechs ready to sandbox as country delves deeper into CBDC

RBZ Governor John Mangudya said the role of stakeholders in the CBDC journey is paramount.
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21 Apr 2022

Zimbabwe’s mobile money market rattled after InnBucks shut down

Authorities argue the Simbisa-run service does not possess a permit.
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8 Feb 2022

Mobile money gains traction in Zimbabwe – despite regulatory wrangling

Reserve Bank tables 2022 Monetary Policy Statement affirming growth, push for CBDC and Fintech Regulation Sandbox.
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21 Jul 2020

Zimbabwe reins in mobile money service providers

Reserve Bank of Zimbabwe (RBZ) issues directive to link to ZimSwitch to ensure seamless integration.
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29 Jun 2020

Zimbabwe takes aim at Stock Exchange, mobile money

Trade suspended on ZSE and ban imposed on mobile based monetary platforms.
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3 Oct 2019

Zimbabwe reverses mobile money functionality freeze

Latest development follows EcoCash's recent legal action against directive.
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17 Sept 2019

Mobile money agents cash in on Zimbabwe's cash crunch

Premiums of up to 40% charged on balances cashed out from mobile wallets as local banks struggle to meet demand for notes and coins.
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Zimbabwe's Reserve Bank on security alert

Central bank urges vigilance as country experiences surge in online and mobile banking.
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2 Oct 2018

Zimbabwe slaps tax on mobile money, online transactions

Southern African Country the latest to impose duties in a bid to generate more revenue for government.