Harare (New Ziana)-Dr Lazarus Chakwera was on Sunday sworn in as President of Malawi after winning an election re-run. He got 58.57 percent of Tuesday’s vote, defeating incumbent President Peter Mutharika. In February, Malawi’s Constitutional Court annulled President Mutharika’s victory in the May 2019 election, citing widespread irregularities. Dr Chakwera’s deputy Dr Saulos Klaus Chilima […]
Harare (New Ziana)-The Reserve Bank of Zimbabwe on Saturday spared the public from newly imposed restrictions on the use of mobile money platforms, a move which will bring relief to millions. The government had banned mobile money transactions across the board on Friday, accusing operators of engaging in illicit financial deals detrimental to the economy. […]
Harare (New Ziana)- Zimbabwe’s largest mobile money platform by market share, Ecocash on Saturday defied government suspension of mobile money transactions on grounds the directive did not come from the regulator, the central bank. Government on Friday announced the suspension of mobile money platforms accusing the firms of complicity in illicit foreign currency transactions that […]
Harare (New Ziana)-The government on Friday suspended the operations of mobile money platforms and trading on the country’s bourse with immediate effect as part of measures to tackle rampant illicit financial transactions. In a statement, Information, Publicity and Broadcasting Services permanent secretary Nick Magwana said the mobile money platforms have been used for actions tantamount […]