Zimbabwe’s incomplete PayPal experience adds to cash crisis frustrations

PayPal, the American online money transfer, is undoubtedly a global online transactions giant. According to its own account, it has 179 million accounts drawn from 190 markets. In 2014 it gave Zimbabweans a glimmer of hope by lifting what, by all definitions, was an embargo on Zimbabwe by starting to allow accounts with Zimbabwean cards and…

RBZ unveils $15m Tourism Support Facility

THE Reserve Bank of Zimbabwe (RBZ) has unveiled a $15 million Tourism Support Facility aimed at capacitating small players to effectively participate in the development of the sector and contribute towards improving the country’s economy. Addressing tourism stakeholders in Harare recently, Tourism and Hospitality Industry Minister Prisca Mupfumira said the facility would go a long…

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