Zim would benefit from this Nigerian ethical debt-collection platform
In my travels on the internet, I came across a Nigerian startup called BFree that recently closed a US$1.7 million Series A round. It’s a credit management fintech that deals…
Fintech’s US$3 billion dominance in Africa should be a wake-up call for RBZ’s Sandbox
African fintech startups reigned supreme when it comes to attracting funding from investors. According to a report by Techcrunch, out of the US$5 billion raised by all African startups, Fintech…
Zimbabwe’s Pay As You Earn (PAYE) Tax Tables explained
Pay As You Earn (PAYE) is a system that is used to calculate how much from your gross earnings your employer is going to deduct to pay the Zimbabwe Revenue…
InnBucks to become more compelling domestic remittance provider with 92 new outlets in 2022
I have been enjoying the domestic remittance battle taking place. It seems there is a new player joining the fight every week. Meaning we could already have too many eaters…
FINSEC launches a private funding platform for businesses of any size
The Financial Securities Exchange Limited (FINSEC) has launched a private funding marketplace called FINSEC Private Markets. The platform comes in the wake of FINSEC’s other funding offering called the Growth…
CBZ Bank launches “50% of your salary” Black Friday loans
The Commercial Bank of Zimbabwe (CBZ) announced that it would be introducing Black Friday loans to its customers. There is no denying that Black Friday is one of the most…
It is real, the document where Mthuli Ncube proposes US$50 duty on every new phone and increases withholding tax
On the 25th of November, the Minister of Finance, Dr Mthuli Ncube released the national budget for 2022. There weren’t many surprises and it all read like we expected. As…
OneMoney launches domestic remittance service: everyone wants a piece of this industry
The domestic remittance game in Zimbabwe has become a little crowded of late. Just a couple of weeks ago, Trolleycom launched a city to city money transfer service called MojoMula…
Nedbank Zim sponsors first Uncommon.org innovation hub to happen outside Harare
Nedbank Zimbabwe has partnered with Uncommon.org to support the organisation’s first innovation hub to take place outside Harare. “We are absolutely delighted to partner with Nedbank Zimbabwe to launch our…
PAYE and 2% Tax payments due on the 10th of November
The Zimbabwe Revenue Authority (ZIMRA) put out a notice reminding businesses that Pay As You Earn (PAYE), Presumptive Tax and the 2% or Intermediate Money Transfer Tax (IMTT) for the…