RBZ Limits Bank Transfers As It Battles To Cripple Forex Black Market | BREAKING

RBZ Limits Bank Transfers   The Reserve Bank of Zimbabwe (RBZ) has directed banks to limit internal bank transfers to cripple the foreign currency black market. The central bank’s Financial Intelligence Unit (FIU) today directed all banks to limit internal transfers to a maximum of just 2 per customer per day. iHarare has noted that […]

RBZ Imposes New Limits On ZIPIT Transactions As It Battles To Throttle Forex Black Market

RBZ Imposes New ZIPIT Limits   The Reserve Bank of Zimbabwe (RBZ) has imposed new limits on ZIPIT transactions in an effort to throttle the foreign currency exchange black market. The central bank through the Financial Intelligence Unit (FIU) has directed all banks to lower daily and monthly ZIPIT limits. According to the monetary authorities, […]

BREAKING NEWS: Zimbabweans To Now Transfer Money Between Ecocash, OneMoney, Telecash And ZIPIT!

Zimbabweans To Now Transfer Money Between Networks Zimbabweans will soon be able to transfer mobile money between EcoCash, OneMoney, TeleCash and even ZIPIT after the government gazetted a new law making this mandatory. According to a Statutory Instrument gazetted by the government, interoperability between networks is now compulsory. In the past, the country’s biggest mobile […]