SOME ZIM soldiers and nurses failed to access their salaries on Friday after a Mauritian company switched off its electronic payments processing system

SOME ZIM soldiers and nurses failed to access their salaries on Friday after a Mauritian company switched off its electronic payments processing system

SOME ZIMBABWE SOLDIERS AND NURSES FAILED TO ACCESS THEIR SALARIES on Friday after a Mauritian company switched off its electronic payments processing system as Zimbabwe banks argue that they can’t pay in foreign currency because the facility is used to service mostly RTGS money.The majority of Zimbabwean banks use Paynet, which is owned the Mauritian financial services provider Payserv Africa, to process interbank transactions. As part of the arrangement, the local banks pay the service…

Read More