Zimbabwe has revised licensing fees for payment service providers under S.I. 17 of 2025, setting application charges and annual fees based on turnover for payment and auxiliary service providers.

HARARE – The recent conviction of a Mukuru Zimbabwe employee for stealing more than US$15,000 from the remittance company has renewed attention on the operational and security challenges facing businesses that handle large volumes of cash. The case also highlights Zimbabwe's continued reliance on cash transactions, particularly in the remittance sector, despite ongoing efforts to promote digital financial services.