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Top cop appeals to ZACC
Lawyers representing police Commissioner Erasmus Makodza, have written to the Zimbabwe Anti-Corruption (ZACC) saying the commission's investigator Mr Eric Chacha must recuse himself as he is allegedly...Published: 11 hrs ago | 458 | by Staff reporter
Identity theft fraudsters arrested
Fraudsters responsible for the identity thefts that allowed them access to WhatsApp groups and EcoCash accounts of others to con people into foreign currency deals had not hacked into the phones of th...Published: 21 Apr 2021 at 06:58hrs | 453 | by Staff reporter
Public Warning from EcoCash Against Fraud
"EcoCash is aware of reports of fraud, where unsuspecting EcoCash customers have lost money to criminals using false identities after they harvest custome...Published: 14 Apr 2021 at 05:49hrs | 738 | by Agencies
EcoCash, WhatsApp fraud totals US$100 million
Criminals have been hacking EcoCash and WhatsApp accounts, using stolen identities of persons trusted by others in a WhatsApp group, offer US dollars at good rates, but after receiving the local curre...Published: 13 Apr 2021 at 06:20hrs | 332 | by Staff reporter
We're coming for you: Mnangagwa warns financial sector sharks
GOVERNMENT is going to decisively deal with sharks in the financial sector who are profiteering at the expense of the public, President Mnangagwa has said. In an interview ahead of the country...Published: 12 Apr 2021 at 06:56hrs | 741 | by Staff reporter
Steward Bank in major banking system upgrade
Steward Bank, the largest bank by customer base, is this weekend undertaking its biggest system upgrade since its acquisition from TN Bank in 2013. The Cassava Smartech-owned bank is upgrading...Published: 01 Apr 2021 at 18:46hrs | 482 | by Agencies
Mobile money transactions drop 23%
The total number of mobile money transactions processed in 2020 went down by 23 percent to record $1,5 billion from $1,96 billion recorded in 2019 as active mobile money subscriptions also took a dip....Published: 01 Apr 2021 at 06:58hrs | 276 | by Staff reporter
Kamambo trial deferred
The trial of ZIFA president, Felton Kamambo, who stands accused of bribing councillors to enable his ascension to the top post, was today deferred to April 9 after his defence lawyer failed to attend ...Published: 31 Mar 2021 at 06:30hrs | 137 | by Staff reporter
Mutsvangwa speaks on court delays
Government is committed to the timely conclusion of court cases so that litigants and accused persons do not suffer undue delays, legislators heard yesterday. Information, Publicity and Broadcasti...Published: 25 Mar 2021 at 05:35hrs | 284 | by Staff reporter
Money changers camp outside shops
Illegal money changers in Harare and other parts of the country are now hanging around and even inside supermarkets that might have a reasonable number of shoppers using foreign currency offering to p...Published: 22 Mar 2021 at 06:00hrs | 964 | by Staff reporter
School fees payable in all currencies
SCHOOLS should accept all currencies usable in the country as legal tender, a development that will bring relief to parents who are being forced to look for United States dollars to pay school fees. ...Published: 20 Mar 2021 at 07:17hrs | 585 | by Stephen Mpofu
EcoCash, Steward Bank savings product suspended
CASSAVA Smartech subsidiaries EcoCash and Steward Bank have announced temporary suspension of their "EcoCash$ave" product to allow for its migration to a new platform while they repackage and improve ...Published: 12 Mar 2021 at 13:24hrs | 1648 | by Staff reporter
NMB Bank's digital innovation disrupts banking landscape
NMB Bank has launched a Virtual Branch on their digital platforms, enabling customers to carry out all cash transactions online, including paperless multi-currency cash deposits and withdrawals, Dstv ...Published: 09 Mar 2021 at 09:45hrs | 1008 | by Staff reporter
Kamambo trial moved to March 30
ZIMBABWE Football Association president Felton Kamambo's trial was once again postponed yesterday to March 30 after the presiding magistrate said she was overwhelmed by other cases.Kamambo, wh...Published: 06 Mar 2021 at 06:18hrs | 158 | by Chief Chiduku
Man bashes wife over $1 EcoCash
A man from Mberengwa has appeared in court after he allegedly bashed his wife over a $1 ecocash transaction.Ester Ruvengo questioned her husband for sending $1 through ecocash for the upkeep o...Published: 26 Feb 2021 at 15:42hrs | 1788 | by Staff reporter
Kazembe grilled over spot fines
HOME Affairs minister Kazembe Kazembe has said government is working on modalities to ensure that various methods of payment are used at police roadblocks to make it easy for payment of spot fines....Published: 26 Feb 2021 at 06:40hrs | 905 | by Staff reporter
Pfumvudza, bond notes: Mnangagwa's saviour
THE gigantic lake TugwiMukosi is spilling. This is a rare phenomenon for a water body so big to spill less than four years after commissioning.It holds a promise that is too big to hide or ign...Published: 20 Feb 2021 at 08:55hrs | 758 | by Paidamoyo Muzulu
Lawyers challenge deposit fines hike
A RETIRED lawyer, Sheila Frances Jarvis and the Zimbabwe Human Rights Association (ZimRights) have taken Justice minister Ziyambi Ziyambi to court over publication of Statutory Instrument (SI) 25 of 2...Published: 10 Feb 2021 at 05:44hrs | 764 | by Staff reporter
Roadblock fines increase challenged
THE Zimbabwe Human Rights Association (ZimRights) has filed an urgent High Court application to nullify the recent increase in fines charged at roadblocks.In the application, ZimRights, togeth...Published: 09 Feb 2021 at 14:52hrs | 1699 | by Staff reporter
VID 'inspectors' dupe job seekers
FAKE Vehicle Inspection Department (VID) officials have been on the prowl in the Midlands Province where they targeted and duped desperate jobseekers of money after promising them jobs. Severa...Published: 03 Feb 2021 at 06:14hrs | 874 | by Staff reporter
Zimdollar depreciates
The local currency depreciated by almost a percentage point on Tuesday in an auction which failed to make allotments on all qualified bids. The Zimbabwe dollar was quoted at 82.6756 after depreciating...Published: 27 Jan 2021 at 06:10hrs | 6595 | by Staff reporter
Alarming numbers of false COVID-19 tests
THERE are alarming numbers of false COVID-19 test results due to the fact that the new strain of the virus is difficult to pick during routine testing, an expert has said.This was disclosed ye...Published: 27 Jan 2021 at 06:00hrs | 836 | by Staff reporter
Couple robbed, dumped in disused mine shaft
A Masvingo couple was robbed of a car, $500 000, bank card, and a cell phone by a gang of four suspected robbers that allegedly dumped them in a 20-metre disused mineshaft in the outskirts of the town...Published: 23 Jan 2021 at 23:30hrs | 2441 | by Staff reporter
Govt probes $25bn mobile money scam
Prosecutions on a wide range of financial crimes are likely as investigations continue inside and outside Zimbabwe into the huge pool of unregulated liquidity estimated at $25 billion created within t...Published: 23 Jan 2021 at 06:20hrs | 830 | by Staff reporter
Woman killed in $500 000 robbery
A Masvingo woman was killed while her husband, a businessman, is battling for life in hospital after they were thrown into a 20-metre deep disused mine shaft by four armed robbers who had kidnapped th...Published: 20 Jan 2021 at 06:44hrs | 1543 | by Staff reporter
Towards meaningful diaspora engagement
Globally, it is estimated that 1 in 7 people is a migrant. Though this measly figure appears to be statistically insignificant and to give credence to the critics of the so-called mobility bias in mig...Published: 20 Jan 2021 at 06:36hrs | 104 | by Mutsa Murenje, Queensland, Australia
Fake Covid-19 certificates scam exposed
SOME members of staff at a private laboratory, Klosad Clinical Diagnostics Lab, in Harare's Avondale suburb, are issuing out certificates with fake negative Covid-19 results to international traveller...Published: 17 Jan 2021 at 07:57hrs | 641 | by Staff Reporter
Funds missing at Mzingwane High
MZINGWANE High School in Esigodini is in the eye of a storm after foreign currency incentives mobilised by parents for teachers late last year failed to reach the intended beneficiaries with parents t...Published: 10 Jan 2021 at 07:50hrs | 593 | by Staff reporter
Xmas rush exposes banks
A STEEP rise in demand for liquid cash experienced during the Christmas period exposed weaknesses in Zimbabwe's electric money strategy, a NewsDay Business survey revealed. Clients said electr...Published: 01 Jan 2021 at 07:39hrs | 752 | by Staff reporter
6 armed robbers arrested
Six armed robbers who recently raided a house in Nkayi and robbed a couple of a vehicle, cash and various goods early this month, have been arrested by police. The six are Rishatime Madzengere...Published: 25 Dec 2020 at 07:04hrs | 593 | by Staff reporter
EcoCash to hike transaction charges in January
THE country's largest mobile money platform, Ecocash, says it would adjust its transaction charges by up to 20 percent starting next month citing the need to cover rising operating costs.The c...Published: 17 Dec 2020 at 17:44hrs | 606 | by Staff reporter
Econet, Cassava bag top business awards
HARARE - Telecommunications giant Econet Wireless Zimbabwe (EWZ), and its sister company Cassava Smartech Zimbabwe (Cassava), last week clinched top business leadership and merit awards at separate ev...Published: 15 Dec 2020 at 14:26hrs | 476 | by Agencies
Informal sector not affected by 2% tax
AN OPPOSITION legislator has called on Finance minister Mthuli Ncube to stop collecting the 2% electronic transaction tax, saying it was burdening workers only as the informal sector was now transacti...Published: 15 Dec 2020 at 06:17hrs | 334 | by Staff reporter
Historic virtual Econet Vic Falls Marathon set to roar into life this Sunday
ABOUT 5 000 local and international athletes are expected to take part in this year's Econet Victoria Falls Marathon on Sunday, now easily one of Africa's largest marathons.This year the popul...Published: 10 Dec 2020 at 15:46hrs | 430 | by Agencies
Zifa councillors exonerate Kamambo
ZIFA councillors who voted during the elections that saw Felton Kamambo landing the top soccer administration post fingered Philip Chiyangwa, Kamambo's opponent, for vote-buying efforts that ended up ...Published: 10 Dec 2020 at 06:31hrs | 322 | by Staff reporter
Kamambo bribery case, Chiyangwa clutching at straws
THE bribery trial of ZIFA president Felton Kamambo is likely to attract the wide interest of the football comÂmunity, including the world governing body FIFA, as the Zimbabwe football leader battles ...Published: 10 Dec 2020 at 06:30hrs | 400 | by Staff reporter
'Sore loser' testifies against Kamambo
The trial of ZIFA president, Felton Kamambo, who stands accused of bribing councillors to vote for him for the position of president of the football governing body, opened yesterday with the accused d...Published: 09 Dec 2020 at 05:42hrs | 445 | by Staff reporter
Zifa boss denies vote-buying
ZIMBABWE Football Association (Zifa) president Felton Kamambo (pictured), who is facing 32 counts of bribery yesterday denied the allegations before Harare Magistrate Bianca Makwande.Kamambo, ...Published: 08 Dec 2020 at 21:35hrs | 245 | by Staff reporter
Masiyiwa in Bloomberg's top 50
ZIMBABWEAN businessman and philanthropist, Mr Strive Masiyiwa, has been named by Bloomberg among the top 50 prominent figures that have changed the global business in 2020. The annual Bloomber...Published: 07 Dec 2020 at 06:57hrs | 1914 | by Staff reporter
Bold revamp doubles EcoCash capacity
AN extensive revamp of the EcoCash platform that sent markets into complete turmoil in November last year doubled the mobile money transfer operation's capacity to 450 transactions per second, accordi...Published: 06 Dec 2020 at 08:36hrs | 1511 | by Staff reporter
EcoCash revenue continues to dwindle
CASSAVA Smartech Zimbabwe Limited's subsidiary EcoCash's revenue contributions to the group continue to dwindle following recent operating measures effected by the Reserve Bank of Zimbabwe (RBZ) to cu...Published: 02 Dec 2020 at 06:13hrs | 564 | by Staff reporter
Family faces $5bn money laundering charge
A MUTARE family was yesterday arraigned before a Harare magistrate on money-laundering charges involving $5 billion, which was orchestrated through their supermarket business.The six accused p...Published: 18 Nov 2020 at 05:31hrs | 4431 | by Staff reporter
Forex dealers in court
Six suspected foreign currency dealers yesterday appeared in court on allegations of using the EcoCash platform to buy US$3 153 317 from the public. The eight are Felix Tafadzwa Chikuse (38), ...Published: 13 Nov 2020 at 05:37hrs | 1485 | by Staff reporter
Currency crisis costs Cassava $2 billion
TECHNOLOGIES giant, Cassava Smartech says it suffered $2 billion in exchange losses during its first full year of operations after the volatile Zimbabwe dollar struggled to hold its turf against the g...Published: 09 Nov 2020 at 06:57hrs | 777 | by Staff reporter
Medical practitioners come to Gringo's aid
THE plight of the ailing popular actor and comedian Lazarus "Gringo" Boora has touched the hearts of members of the Medical and Dental Private Practitioners of Zimbabwe Association (MDPPZA) who have d...Published: 05 Nov 2020 at 06:30hrs | 1875 | by Staff reporter
Mr President so far so good
With my heavy heart I wish to congratulate HE President ED for a job well done following myriad of measures mitigating hyperinflation which has gone to extremes. Thank you so much HE and the finance m...Published: 03 Nov 2020 at 07:27hrs | 1086 | by Benny Gudo
More buses arrive from China
FIFTY more Zimbabwe United Passenger Company (Zupco) buses imported from China have arrived in the country as part of Government's efforts to restore sanity in the public transport sector and provide ...Published: 02 Nov 2020 at 05:44hrs | 2597 | by Staff reporter
Zimbabwe's mobile ecosystem must continue to grow to the betterment of all
Smartphones are revolutionizing the world, democratizing industries, and opening the vast opportunities offered by internet access to people who previously couldn't afford to connect. Zimbabwe is one ...Published: 29 Oct 2020 at 10:17hrs | 636 | by Staff Writer
Bulawayo urban train returns
THE National Railways of Zimbabwe (NRZ) will on Monday resume urban commuter train services in Bulawayo with residents paying $16 per trip. According to the parastatal, the CityCowdray Park ro...Published: 29 Oct 2020 at 05:53hrs | 596 | by Staff reporter
Strict RBZ policies on EcoCash result in $2 billion tax revenue decline
GOVERNMENT'S tough decision to throttle leading mobile money transfer agent, Ecocash has backfired with the Zimbabwe Revenue Authority (ZIMRA) recording a $1.9 billion decline on the 2 % revenue tax c...Published: 27 Oct 2020 at 07:03hrs | 1443 | by Staff reporter
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