By Alvine Chaparadza Mobile network operator (MNO), Netone is set to secure a loan worth $71 million from Chinese state financial institution, China Exim Bank,. The loan is meant to upgrade its existing infrastructure, particularly base stations and increase base stations by expanding to areas which have poor connectivity. Speaking…
By Guest Author The GDPR (General Data Protection Regulation) deadline is less than a week away. We’re committed to being compliant. Given Zimbabwe is now open for business companies need to consider how GDPR will (not might) affect them. What exactly is the GDPR? The General Data Protection Regulation is…
By Farai Mudzingwa Earlier yesterday, Golix sued the Reserve Bank of Zimbabwe and in the court application, Golix believed that the central bank’s instruction for Golix to shut down was unlawful as they have no jurisdiction over Golix. We got our hands on the chamber application and it makes for…
By Alvine Chaparadza Should we take banks for swapping bonds for USD? This is a question I asked myself after I read a story of a man who has been taken to court for stealing after he swapped $4000 US dollars with $4000 bond notes. As you well know, bond…
By Tinashe Nyahasha No surprise really, I was expecting the Reserve Bank of Zimbabwe to be challenged in court for their directive that effectively banned cryptocurrency in Zimbabwe. The central bank did not just instruct banks to stop facilitating any cryptocurrency linked transactions but they also directed the general public…
By Farai Mudzingwa Earlier we reported that some banks had shut down Golix’s accounts and we can now confirm that last week Tuesday RBZ sent a directive to Golix instructing them to cease all operations in relation to virtual currency exchange. For Golix, when it rains it pours. The past…
By Farai Mudzingwa Earlier this month, the Reserve Bank of Zimbabwe instructed banks to stop holding accounts for cryptocurrency exchanges and to stop facilitating transfer of cryptos. The central bank gave the banks 60 days to halt activities but it seems the grip has been tightened as it now seems…
By Alvine Chaparadza After the completion of digital migration, Zimbabwe Broadcasting Corporation (ZBC) will introduce a range of new channels. The channels will bring variety to ZBC’s dwindled viewers after years of just watching one channel, ZTV. Poor programming and poor coverage of ZTV swayed many urban Zimbabweans to stop…
By Edwin Chabuka Year after year a multitude of high end smartphones armed to the teeth, or in this case to the bezel, are getting released almost every other week. With every release there is constant reference to this latest one being better than the previous one and/or its competition.…
By Alvine Chaparadza Local engineers have now assumed control of installing radio and television transmitters in Chikombedzi as the government pushes to complete digital migration. This comes as result of Government parted ways with Chinese contractors two years ago because of a misunderstanding on the cost of the project. The…