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Monthly Archives

October 2019

RBZ bans cash-in, cash-out

THE Reserve Bank of Zimbabwe (RBZ) has banned cash-in and cash-out facilities in a desperate bid to rein in black market rates and the ever increasing prices of goods and services. The central bank further directed all economic agents to discontinue cash-back facilities. (more…)

Breaking: RBZ Bans Cash-In, Cash-out & CashBack Facilities On All Mobile Money Platforms

According to ZBC, Reserve Bank of Zimbabwe (RBZ) has reportedly issued a directive instructing EcoCash and other mobile money providers to stop facilitating cash-in and cash-out transactions. BREAKING: The @ReserveBankZIM has banned all cash in, cash out and cash-back facilities with immediate effect.@GNyambabvu @ZimTreasury @czionline @tarie_mufundisi @EcoCashZW @OneMoneyZw @TelecashZim pic.twitter.com/3qj4aJgW2E…