NMB spins tech department into Xplug, a subsidiary that develops tech solutions for anyone
What do you do when you realise you have a talent and you’re underutilising it? You share it with the world – that’s what. That’s what NMB is doing with…
EcoCash, stop prompting people to check their USD balances and charging them 10c when they do
Imagine this: you’re sitting at your desk at work, half concentrating on the job at hand as your mind is preoccupied by the lack of zeros in your bank account.…
RBZ says ‘don’t worry, banks have enough USD to back your Nostro balances’
RBZ building, Reserve Bank of Zimbabwe, RBZ Fintech Sandbox, Forex Auction, Statutory Instrument 127 of 2021 SI 127 2021 industryThe Reserve Bank of Zimbabwe has released an official statement on…
Old Mutual’s O’Mari launch in pictures
Old Mutual Digital Services officially launched its first product, O’Mari, a wallet and platform to compete with the likes of InnBucks and EcoCash yesterday. It has a few tricks up…
Local startup shakes up banking sector with banking software as a service platform
At its core, banking is the same across the world. What started as a gold custodian service evolved into what it is today. The core may be similar across the…
InnBucks now giving loans, here is everything you need to know about them
InnBucks remains one of the most compelling fintech products to come out of Zimbabwe in the past few years, maybe ever. They have a large branch network and those branches…
RBZ’s gold-backed digital tokens coming on 8 May 2023
We talked about the upcoming digital gold tokens earlier this week. The Reserve Bank of Zimbabwe has now revealed when we can expect the innovative tokens. They are coming in…
POSB launches dual currency Mastercard debit card and joins the prepaid USD card fight
The People’s Own Savings Bank (POSB) has partnered with Mastercard to unveil new debit and prepaid cards. Okay, ‘what’s interesting about that?’ – you ask. Read on. Mastercard debit The…
Zim has dollarised and cash is king in USD world, EcoCash sees it too
When you walk down the streets it appears as if Zimbabwe has dollarised. Join a supermarket queue and you find that many, if not most, have their USD cash in…
The RBZ still accepting input on upcoming digital currency (CBDCs), participate
The Zimbabwean government is considering adopting a central bank digital currency (CBDC). The Reserve Bank of Zimbabwe (RBZ) has been researching this for a while now. Last year they notified…