Zimbabwe to assess mobile money guidelines

MOBILE

|
Image: By BiztechAfrica
Zimbabwe to assess mobile money guidelines

Zimbabwe’s Reserve Bank has set out guidelines and policies to regulated mobile financial services.

The Governor of the Reserve Bank of Zimbabwe (RBZ), Gideon Gono, said the Zimbabwean economy has  benefited immensely from the introduction of mobile banking services. 

In line with this growth and the need to align with best international practices, RBZ saw a need to review the legal and regulatory framework.

He said: “In this regard, as Monetary Authorities, we are currently  seized with the drafting of  appropriate guidelines and policies in the following areas:

a. Payment systems oversight guideline to be finalised by 30 June 2013;

b. E-money and electronic payments guideline to be issued by end of September 2013; and

c. Agency banking guideline to be finalized by 31 December 2013.  



Share the News

Get Daily Newsletter

Search News

comments powered by Disqus

MORE MOBILE NEWS

Vodafone sweeps awards in two separate events

Vodafone Ghana is cementing its reputation for social media excellence, with a series of awards. Read More

Winners emerge in Samsung’s “Inspire Bigger Dreams” campaign

The Samsung Electronics “Inspire Bigger Dreams” competition has produced three winners. The campaign was aimed at encouraging Nigerians to keep their dreams alive, dream bigger and aspire to greater heights.  Read More

Simplifying and enhancing security on MTN’s information systems key to improving customer experience

In the first hundred days in his new role, MTN South Africa’s new Chief Information Officer, Benjamin Marais, says his focus was to simplify information technology processes internally and externally, and beef up security of the systems in order to enhance customer experience. Read More

Uganda blocks social media ahead of Museveni swearing in

The Ugandan government locked down access to all social media platforms, citing security reasons, as President Museveni took the oath of office for his fifth term this week. Read More

Glo unveils Talk Special

National telecoms operator Globacom has launched a new product called Talk Special in a move it said would enhance the communication experience of subscribers on its platform.  Read More

LTE enables the mobile workforce

MTN Business says LTE will play a central role in alleviating enterprises' mobile pain-points and facilitating the move to a mobile first strategy. Read More

Zuri Brand seeks share of Kenya’s smartphone market

Recently launched digital lifestyle devices brand Zuri has stepped up efforts to capture a share of the Kenyan smartphone market with the launch of four smartphone models. Read More

BTCL selects Amdocs for business support systems modernisation

Amdocs has announced that Botswana Telecommunications Corporation Limited (BTCL), a provider of fixed, mobile and broadband services to approximately 800,000 customers, has awarded Amdocs a five-year managed services contract for business support systems (BSS) modernisation. Read More

Airtel warns on recruitment scam

Airtel Ghana has issued a statement warning the public about a scam claiming the company is offering part-time jobs. Read More

MTN and Ericsson lead the way with first LTE-U network

To future proof its business, MTN SA, together with Ericsson, has successfully trialled LTE-Unlicensed (LTE-U) at MTN’s flagship channel store in Morningside, Johannesburg.  Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks UnlimitedArbor Networks

FEATURED STORY

Government should encourage youths in ICT earlyGovernment should encourage youths in ICT early

Youths should be given more encouragement to develop their ICT skills, an 11-year-old app developer told Kokumo Goodie.

IN DEPTH

IBM Opens First Cloud Data Centre in South AfricaIBM Opens First Cloud Data Centre in South Africa

IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.  

COMPANY NEWS

Resolving the data centre disconnect

The disconnect between virtualised applications and physical storage is costing businesses time and money.   

Separating the attack that matters from the noise

It has almost become the norm for a business to be compromised by a security attack. The emphasis today is thus more on how a business responds ...

MTN Business partners SMEasy to give entrepreneurs access to easy accounting solutions

MTN Business, in partnership with online accounting tool SMEasy, today announced the launch of an agile, fit for purpose business management and easy accounting solution for small ...