BancABC VISA card services “partially” back online after a days-long outage
BancABC has had some serious issues with its Visa services. On the 25th of October, BancABC said on Twitter that its Visa card services were down and the outage continued…
You can now top up your ZINARA toll gate card via ZIPIT
With Intercity travel now open to everyone after the President announced that the country will be moving to a level 2 lockdown. The Zimbabwe National Road Administration (ZINARA) has rolled…
Zimbabwean banking industry: Shame, Shame, Shame!
If you remember, the gallant RBZ announced that Zimbabwean banks were to start paying interest on savings accounts, effective 1 July. The RBZ sounded proud of this development as we…
All Zim banks daily debit card swipe limits
Following FBC Bank‘s announcement that it has increased its daily swipe transaction limits. We thought it would be prudent to look up all the other banks and see how their…
Digital technologies over insurance/pension sector opportunity to advance SDGs in Zimbabwe
DESPITE exhibiting resilience in the face of the devastating Covid-19 pandemic, Zimbabwe’s insurance and pensions sector continues to face numerous challenges that require industry players to be adaptive and innovative.…
ZB introduces its own prepaid Visa promotion as banks scramble for customers
A few weeks ago we wrote about BancABC’s latest prepaid Visa promotion where you stand a chance to win a Chicken Hut meal if you order their prepaid Visa via…
MasterCard is dumping the magnetic strip
The magnetic strip of magstripe swipe card was invented by IBM engineer Forrest Parry with invaluable help from his wife back in 1969. It has been the basis of bank…
Cassava Smartech to become EcoCash Holdings Ltd to avoid confusion
Cassava Smartech Zimbabwe is getting a facelift, in an announcement to stakeholders the company notified all concerned parties that they are going to be shifting to the name EcoCash Holdings…
Ecobank account-holders worry as the bank says it will be backdating collection of 2% tax
It has been almost three years since Finance Minister Mthuli Ncube introduced his much-hated 2% tax. It’s still not clear why the tax was introduced, so many reasons have been…
Old Mutual has brought investment and insurance to USSD & WhatsApp
Old Mutual yesterday announced the launch of a USSD and WhatsApp platform called MyOldMutual. I have to hand it to Old Mutual for the production, it’s no Apple event but…