Finance Minister Mthuli Ncube announced a US$75 allowance for civil servants as a cushion against the ever-increasing cost of inflation. Government made it clear that the allowance was not withdrawable. Therefore, the only way to use the US dollar allowance is by liquidating it into Zimbabwe dollars and use it as cash or electronic money … Continue reading POSB & CABS solve civil servants’ Nostro account debit cards shortages
First it was the bond notes that were rejected by the informal sector and now it's EcoCash. Indeed, some informal businesses are now rejecting accepting payments through the largest mobile money platform, EcoCash. Those informal businesses not accepting EcoCash are simply rejecting EcoCash payments by saying that the EcoCash platform is currently down when,in fact, … Continue reading Informal sector starts to reject EcoCash. Thanks to RBZ
Evidently, coronavirus has significantly altered the way we live. The world will never be the same again after the Covid-19 pandemic is over. Some business empires will crush down during the pandemic and from the ruins, new empires will rise. Furthermore, some technologies will die and new ones will rise. To put it into perspective, … Continue reading 2 technologies that EcoCash should now raise from the dead to stop the spread of coronavirus