John Mangudya

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.
Tawanda Karombo

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.
Aug 17, 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.
Apr 21, 2022

Zimbabwe’s mobile money market rattled after InnBucks shut down

Authorities argue the Simbisa-run service does not possess a permit.
Feb 8, 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.
Jul 21, 2020

Zimbabwe reins in mobile money service providers

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

Zimbabwe takes aim at Stock Exchange, mobile money

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

Zimbabwe reverses mobile money functionality freeze

Latest development follows EcoCash's recent legal action against directive.
Sep 17, 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.

Zimbabwe's Reserve Bank on security alert

Central bank urges vigilance as country experiences surge in online and mobile banking.
Oct 2, 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.
Apr 11, 2018

Bitcoin ATM goes live in Zimbabwe

Crypto-currency has emerged as an alternative payment solution to overcome challenges including currency and liquidity shortages.