FBC POS, card, USSD, internet banking and call centre are all down
FBC holdings has said in a tweet that it is facing challenges with a number of its banking platforms: Dear Valued Customer We advise that you may experience intermittent service…
Bureau De Change Conti-Cash now allowing people to pay DStv at “bank rate”
Zimbabweans love their DStv and are often willing to go to the black market to get the foreign currency needed to pay the subscription. At one point the RBZ revealed…
Mukuru & Western Union collections now reserved for Ecobank account holders only at Ecobank branches
Yesterday I got the shock of my life after walking into the Ecobank branch in Southerton. Despite the Ecobank branch having two signs, one of them a large lit sign…
RBZ’s planned deposit incentives won’t stop mattress banking
The Reserve Bank of Zimbabwe (RBZ) has, according to a report by the Herald, said that it is working with the banking sector to create incentives that will entice people…
If you are interested in stocks & trading check out Deriv
If you have been around the stocks and trading scene for some time then the name Deriv isn’t anything new. The company, which was initially called Regent Markets in 1999…
PayPal confirms merchant wallets for Zim but withdrawals are still complicated
So, a couple of days ago we learned that if you open a PayPal merchant wallet in Zim you can send and more importantly receive money via PayPal. This is…
Zimswitch partners with VISA to accelerate digital payments in Zimbabwe
The country’s National Switch and clearinghouse, Zimswitch has followed up its union with Mastercard by announcing a partnership with Visa. At face value, the Visa and Zimswitch relationship looks much…
Cassava promoting financial literacy among entrepreneurs, SMEs
Cassava Smartech Zimbabwe, through its Edutech units Akello Books and Akello Courses, is promoting financial inclusion by offering financial literacy courses to entrepreneurs and small to medium enterprises (SMEs). The…
BancABC raises City Hopper fee to 3%, but still cheaper than the alternatives
In another edition of things that slipped under the radar, BancABC increased the fee for its domestic remittance service City Hopper from 2% to 3%. As we learned during the…
Catch-22: Skrill closes Zimbabwean accounts with money in them, no easy way to get money back
About a week ago, Financial services provider Skrill shut down Zimbabwean accounts on the platform after having given ample warning that they would. Unfortunately, Skrill didn’t close accounts on 20…