Ecocash loses court battle against RBZ
High Court Judge Justice Webster Chinamora has dismissed EcoCash Zimbabwe (Pvt) Ltd urgent application to have RBZ compelled to unfreeze its Ecocash agents accounts that were frozen without notice recently.…
High Court Judge Justice Webster Chinamora has dismissed EcoCash Zimbabwe (Pvt) Ltd urgent application to have RBZ compelled to unfreeze its Ecocash agents accounts that were frozen without notice recently.…
INTERBANK rates are expected to tumble this week as black market forex dealers are rushing to clear their float due to a directive given to Steward Bank on Thursday (yesterday),…
The Reserve Bank of Zimbabwe (RBZ) has reopened the Mobile money platforms that were closed Monday morning, this time with strict conditions on the cash out facility. The new development…
THE High Court has set down the hearing of the Cassava Smartech Zimbabwe Limited case against Reserve Bank of Zimbabwe (RBZ) for Friday, with Econet lawyers insisting the date to be…
ECONOMISTS have welcomed the halting on Monday of EcoCash's cash-in, cash-out and cash back facilities by the Reserve Bank of Zimbabwe (RBZ). Zim Morning on Tuesday spoke to a number…
ECOCASH on Wednesday read a riot act to its rogue agents, amid reports that they are manipulating cash and selling it at illegal and astronomical rates, adding that 4 000…
The high demand (ZWL$) represented by bond notes (which was declared sole legal tender) has pushed the rate of acquiring cash through Ecocash transfers to rise to at least 28% and 30 % for…
The Reserve Bank of Zimbabwe (RBZ) has moved in swiftly to thwart Econet’s suspected default aid in money laundering and acting as a conduit for promotion of illegal foreign currency…