ATM card cloning: Bank card criminals invade Bulawayo
CRIMINALS who replicate Automated Teller Machine (ATM) cards and go on to clean out people’s accounts have hit Bulawayo, police have warned. The crime, also known as card cloning or card skimming, is relatively new in the country. Acting Bulawayo police spokesperson Assistant Inspector Abednico Ncube said three cases of card cloning have been reported […]
RBZ Governor Mangudya Attacks Zimbabweans, “‘Not Cash Crisis, But Discipline Crisis’”
US$900 million in cash and bond notes/coins worth US$136 million are circulating in Zimbabwe; but fiscal indiscipline — principally hoarding and externalisation — continues to curtail market liquidity, a Reserve Bank of Zimbabwe study has established. RBZ data also shows that bank deposits increased from US$6,14 billion in September 2016 to US$6,51 billion last December […]
280 Corrupt Zimbabweans Exposed By Panama Papers
The International Consortium of Investigative Journalists has named over 280 Zimbabweans, including prominent businesspeople, who reportedly syphoned billions of dollars out of the country. The businesspeople, mostly of Caucasian extraction, have links to offshore investment vehicles. The list is contained in data from over 200 countries that was leaked to the Panama Papers and contains […]
