Money - In Brief

Mergers, Acquisitions and Financial Results

- Zimbabwe has launched its first real time online payment gateway service, Zimswitch vPayments, that enables the use of locally issued debit cards. The service is modelled around the internationally recognised PayPal and is a result of collaboration by Dandemutande through its uMax brand, the Old Mutual owned Central African Building Society (CABS) and Zimswitch, an electronic funds switch that links most of Zimbabwe’s banks through ATMs and points of sale.