馃嚳馃嚰ZimbabweSouthern Africa
BancABC and Visa partner for 5-year digital payments deal
via NewsDay Zimbabwe1 min read
BancABC and Visa have signed a five-year partnership agreement aimed at enhancing BancABC's digital banking capabilities and expanding access to secure and convenient payment solutions for its customers. This collaboration is expected to drive digital payments within the region. Other news includes ZMX seeing rising confidence with trades hitting US$1.28 million, and a 25-year power purchase agreement signed between ZimGreenCo and Dolcin Trading. ART operations are affected by power outages and raw material shortages, leading to a decline in export and paper division volumes by 6% and 26% respectively in the third quarter to June 2022. The government and UN have launched a framework to address adolescent pregnancies.
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This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
BancABC and Visa have entered into a five-year partnership agreement aimed at enhancing BancABC's digital banking capabilities. This collaboration is expected to broaden access to secure and convenient payment solutions for BancABC customers.
Must ReadThe Zimbabwean government has issued an appeal for additional support from development partners, churches, and the private sector to facilitate the safe return of its nationals from South Africa. This initiative follows recent targeted attacks against black immigrants in South Africa, leaving many Zimbabweans gathered at various centers. The Ministry of Local Government and Public Works, along with the Ministry of Foreign Affairs and International Trade, are coordinating efforts to ensure a safe and dignified return for affected citizens. Assistance being mobilized includes food provisions, temporary shelter, and transportation from South Africa to designated reception centers in Zimbabwe. The government is also utilizing its Emergency Fund to support these humanitarian response efforts. Several organizations have already joined the response, and the ministry welcomes further contributions from the private sector, humanitarian agencies, NGOs, and other well-wishers to strengthen repatriation and other Civil Protection activities. Preparations are underway to receive returnees at ports of entry and facilitate their reintegration into communities, emphasizing a whole-of-government and whole-of-society approach to this escalating situation.
National Foods announced a US$23 million boost to power its growth. This financial update comes as the manufacturer reported a decline in volumes for its exports and paper divisions, which fell by 6% and 26% respectively, during the third quarter ending June 2022. The company's operations have also been impacted by power outages and raw material shortages.