RTGS transactions up 19 pct

HARARE, November 29 (The Source) – The value of transactions processed through the National Payment System (NPS) for the week ending November 17 went up nine percent to $2 billion from $1,8 billion recorded in the previous week driven by an increase in electronic transactions.… Read More

RBZ cuts bank withdrawal fees

HARARE, December 12 (The Source) – The Reserve Bank of Zimbabwe (RBZ) has ordered a reduction in bank withdrawal fees, which will see the charges come down to a maximum of 1 percent and 1.25 percent of amount withdrawn for ATM and over-the counter transactions,… Read More