FINANCIAL SERVICES

Bank cards crime soars

AS THE country's economic rot continues to deepen, police are warning the public about a sharp increase in crime relating to bank cards. This comes as Zimbabwe continues to experience serious shortage...

By Staff reporter | Published: 29 October 2019

TELECOMS & TECHNOLOGY

Bulawayo man loses $42k through card cloning

A MAN from Bulawayo lost ZW$42 000 when his bank account was wiped clean in a case of suspected card cloning. Cloning refers to criminal duplication of one's Automated Teller Machine (ATM) cards which...

By Staff reporter | Published: 17 October 2019

BUSINESS NEWS

Bread price talks on the cards

THE Government will this week meet with bakers and millers to discuss the recent increase in bread prices which it feels is unfair and unjustified and map a way forward to come up with an affordable p...

By Staff reporter | Published: 29 April 2019

BUSINESS NEWS

Man clones bank cards, swipes $69 000

A CHITUNGWIZA man on Saturday appeared at the Harare Magistrates' Court charged with unauthorised use or possession of debit cards after he allegedly cloned bank debit cards for CABS account holders a...

By Staff reporter | Published: 29 April 2019

FINANCIAL SERVICES

Steward Bank partners Chinese card firm UPI for financial card services

STEWARD Bank has partnered Chinese financial services firm, UnionPay International (UPI), to provide payment services for Zimbabweans travelling between the southern African country and Beijing."Basic...

By Staff reporter | Published: 25 April 2019

BUSINESS NEWS

Fuel rationing on the cards

GOVERNMENT is considering rationing fuel as a measure to curb fuel shortages following a 60% increase in demand for the liquid at a time the country is hard pressed for foreign currency to pay for fue...

By Staff reporter | Published: 21 December 2018

FINANCIAL SERVICES

CABS introduces prepaid MasterCard

THE Central Africa Building Society (CABS) has introduced a prepaid MasterCard as part of efforts to bring international transactional convenience to the market. Managing director, Simon Hammond, said...

By Staff reporter | Published: 05 December 2018

BUSINESS NEWS

Card cloning cases rise alarmingly

POLICE have said commercial crimes are on the increase in the country with cases involving the cloning of bank cards rising sharply. Speaking on the sidelines of a multi-stakeholder meeting on Interne...

By Staff reporter | Published: 27 November 2018

TELECOMS & TECHNOLOGY

CardEx, Entrust Datacard partner for Zimbabwe market

Electronic card producer CardEx, has partnered a United Arab Emirates-based firm Entrust Datacard with a view to entering the Zimbabwean market. There has been growing demand for electronic cards on t...

By Staff reporter | Published: 15 November 2018

FINANCIAL SERVICES

First Money Microfinance launches Debit Card

First Money Microfinance Services (FMFS), a fintech with seven branches nationwide, has launched a debit card in partnership with StewardBank.The innovation called iSave debit card allows customers of...

By Staff reporter | Published: 11 September 2018

POLITICS

Chiyangwa clones customers' debit cards, siphons thousands

THE son of late business man James Chiyangwa, popularly known as Jimmy Jimalo, has been arrested for the third time on allegations of cloning debit cards belonging to various people before splashing t...

By Staff reporter | Published: 25 June 2018

POLITICS

Chamisa plays the tribalism card

MDC Alliance presidential candidate Nelson Chamisa has called for compulsory teaching of local languages in primary school as a means of reversing "language imperialism".Addressing a bumper crowd in S...

By Staff reporter | Published: 25 June 2018

FINANCIAL SERVICES

Stakeholders should act swiftly on card cloning scams

THE last few months have seen an upsurge in cases of electronic credit card fraud involving use of cloned ATM cards, as more Zimbabweans have embraced the use of plastic money due to cash shortages.Po...

By Staff reporter | Published: 21 June 2018

FINANCIAL SERVICES

Bank card cloning scams hit Zimbabwe

Zimbabwe has been hit by a wave of sophisticated card cloning syndicates, which has seen retailers and individuals lose huge sums of money.Confederation of Zimbabwe Retailers (CZR) president Denford M...

By Staff reporter | Published: 20 June 2018

BUSINESS NEWS

Card cloning squad arrested

FOUR card cloning suspects appeared in court after they were caught on CCTV stealing a point of sale machine at Zuva Service station.Taguma Chizema, Shawn Madzimure, Briel Matongorere and Aisha Chimha...

By Staff reporter | Published: 19 June 2018

BUSINESS NEWS

Card cloning on the increase, police warn public

Police have warned members of the public to be wary of a syndicate of criminals that has been swindling people through card cloning, with over 150 cases having been reported countrywide since January....

By Staff reporter | Published: 18 June 2018

TELECOMS & TECHNOLOGY

New tariffs for mobile sector on the cards

Government will soon announce new tariffs for the mobile telecommunications sector, and plans are underway to begin imposing hefty fines on industry players that offer substandard services such as dro...

By Staff reporter | Published: 10 June 2018

POLITICS

Mnangagwa launches campaign pledge card

President Emmerson Mnangagwa has launched a campaign pledge card and called on Zimbabweans to hold him accountable for his promises.Releasing the pledge card, the President who is the Zanu-PF presiden...

By Staff reporter | Published: 10 June 2018

BUSINESS NEWS

Banks move to curb card fraud

SOME local banks have partnered with international experts to curb bank card fraud which police say is on the increase in the country. The institutions have singled out supermarket employees as the bi...

By Staff reporter | Published: 28 May 2018

FINANCIAL SERVICES

Steward Bank partners Net Guardian to curb card cloning

STEWARD Bank has partnered with Net Guardian fraud monitoring experts for banks worldwide, to implement a fraud monitoring system to ensure security of transactions, in the wake of increased card clon...

By Staff reporter | Published: 28 May 2018

BUSINESS NEWS

Hwange Colliery board shake up on the cards

TROUBLED Zimbabwe Stock Exchange-listed Hwange Colliery Company Limited (HCCL) will by the end of next week have a new-look board of directors, Mines minister Winston Chitando has said.The new board c...

By Staff reporter | Published: 24 May 2018

BUSINESS NEWS

Facelift on cards for Mbare Musika

The Harare City Council will soon embark on a facelift of Mbare Musika vegetable market and bus terminus, which had become an eyesore.Council spokesperson Michael Chideme said the upgrade will make th...

By Staff reporter | Published: 17 May 2018

POLITICS

Zanu-PF's trump card

Zanu-PF, the country's ruling party, will anchor it's 2018 electoral message on economic revival and political tolerance, the party's Youth Secretary Pupurai Togarepi has said. President Emmerson Mnan...

By Staff reporter | Published: 02 May 2018

POLITICS

Zanu-PF introduces new membership card

THE ruling Zanu-PF is using its stand at the Zimbabwe International Trade Fair (ZITF) to showcase its new membership cards and drum up support ahead of this year's general elections.Chairman of Zanu-P...

By Staff reporter | Published: 27 April 2018

BUSINESS NEWS

New geyser law on the cards

Government will in the next few weeks gazette solar water heating (SWH) geyser regulations, a senior government has revealed.The gazetting of regulations will mark the beginning of ambitious national ...

By Staff reporter | Published: 23 April 2018
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