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Challenges of expensive internet & net neutrality highlighted as cash crisis in Zimbabwe steers banks towards online banking

By Nigel Gambanga Bank account holders still need an internet connection to access the various services that each bank is tying together on their applications, something that becomes a challenge if the cost of access is a barrier itself. Articles appeared first on Techzim;Challenges of expensive internet & net neutrality…

Minister of ICT says government’s investment in telecoms meant to encourage private sector growth rather than crowd it out

By Nigel Gambanga The Zimbabwean government’s interest telecoms infrastructure is meant to provide a platform for the private sector to flourish through the rollout of value-added services and third party providers like Mobile Virtual Network Operators (MVNOs). Articles appeared first on Techzim;Minister of ICT says government’s investment in telecoms meant…

Growing remittances emerge as Zimbabwe’s FDI alternative – total $830 million in 1st half of 2016, expected to reach $1,5 billion by year end

By Nigel Gambanga With dwindling foreign direct investment (FDI inflows fell by 23% between 2014 and 2015 from US$545 million to US$421 million), remittances are now the second largest form of capital inflows for Zimbabwe behind exports, emerging as Zimbabwe’s leading FDI alternative. Articles appeared first on Techzim;Growing remittances emerge…

Minister of ICT mentions how State owned operator NetOne lost telecoms race, calls out management for missed opportunites

By Nigel Gambanga Speaking at the recent Mobile Money & Digital Payments Conference the Minister of ICT, Supa Mandiwanzira touched on how State-owned mobile operator, NetOne had lost out on the telecoms race. He pointed out missed opportunities and a failure to respond to market dynamics. Articles appeared first on…

Zimbabwean bankers lament high costs of e-payments infrastructure, call for government’s support

By Nigel Gambanga At the recent Mobile Money & Digital Payments Conference held in Harare, one of the issues raised by the bankers was the prohibitive costs of e-payments infrastructure like POS terminals and Automated Teller Machines (ATMs). Articles appeared first on Techzim;Zimbabwean bankers lament high costs of e-payments infrastructure,…