Connect with us

Uncategorized

BancABC, Mama Money launch cross border money transfer service  

Published

on

BY OWN CORRESPONDENT

BancABC Zimbabwe, the local banking subsidiary of Pan African group, Atlas Mara, has launched Border Hopper, an international remittance service that allows Zimbabweans abroad to send money home.

Advertisement

The Border-to-Border remittance service was launched with South Africa to Zimbabwe transfers as the first corridor with plans to extend the service to other countries in the region.

The remittance service launched in partnership with Mama Money leverages on the Bank’s agency relationship with Pick n Pay and will allow Zimbabweans to send money through any Mama Money Agent in South Africa, including Pick n Pay stores, to Zimbabwe through Border Hopper.

The funds can be collected at any one of over 40 BancABC kiosks in TM Pick n Pay stores across the country.

Advertisement

Speaking at the product launch, BancABC Zimbabwe CEO, Lance Mambondiani said, “Just over a year ago we launched City Hopper, our domestic remittance service that has proven to be quite popular with our clients. Today, we are excited to extend this service across borders with the launch of Border Hopper”.

“We are grateful for the hard-working Zimbabweans across the world who support their families and contribute to the development of the economy in difficult times,” he added.

“We have seen the spike in remittance values and volumes under the hardships of the Covid-19 pandemic and we wanted to provide a fast, convenient and simple solution to allow our diaspora customers to do their transfers.

Advertisement

“What better way to do that than bringing the service to your backyard through Pick n Pay’s nationwide network.”

Leanne Lancaster, Mama Money chief growth officer said, “We are operating in 54 markets and look forward to expanding our partnership into multiple countries.

“The partnership will create additional stakeholder value ensuring all organisations gain through the cross-functional opportunities.”

Advertisement

Malcom Mycroft, the TM Pick n Pay Zimbabwe MD added: “We’ve picked the right partner in BancABC, a partner that is proactive to bringing value to the business by innovating as fast as we do”.

The Border Hopper service is available to all Zimbabweans and recipients can collect funds at any BancABC kiosk in TM Pick n Pay stores nationwide after presenting their reference number and a copy of their national identity document.

The Border Hopper service has been launched just in time for the festive season and the people at BancABC hope that for the millions of Zimbabweans that receive funds from abroad, it will lead to a very Merry Christmas.

Advertisement

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

National

Zimbabwe fast-tracks approval of long-acting HIV prevention drug Lenacapavir

Published

on

BY WANDILE TSHUMA

Zimbabwe has taken a major step in the fight against HIV following the rapid approval of Lenacapavir, a groundbreaking long-acting injectable for HIV pre-exposure prophylaxis (PrEP). The Medicines Control Authority of Zimbabwe (MCAZ) authorised the drug in just 23 days, marking one of the fastest regulatory approvals in the country’s history.

Advertisement

The application, submitted by pharmaceutical company Gilead Sciences in October, underwent an expedited review because of its public health importance. MCAZ says the fast-tracked process did not compromise scientific scrutiny, with the product subjected to a rigorous assessment of its safety, efficacy and quality.

Lenacapavir is designed for adults and adolescents weighing at least 35kg who are HIV-negative but at substantial risk of infection. Unlike traditional daily oral PrEP, the medicine is administered as a six-monthly injection, following an initiation phase that includes one injection and oral tablets on Days 1 and 2. Health authorities say this long-acting formulation could dramatically improve adherence and expand prevention options, particularly for communities where daily pill-taking is difficult.

MCAZ Director-General  Richard T. Rukwata described the approval as a landmark moment in Zimbabwe’s HIV response.

Advertisement

“The rapid approval of Lenacapavir reflects MCAZ’s dedication to accelerating access to trusted, high-quality health products. This milestone brings new hope for HIV prevention and reinforces our commitment to safeguarding public health,” he said.

To fast-track the process, the Authority applied a regulatory reliance approach, drawing on scientific assessments from the World Health Organization’s Prequalification Programme (WHO PQ). This allowed evaluators to build on internationally recognised review processes while ensuring Zimbabwe’s own standards were met.

The introduction of Lenacapavir comes as Zimbabwe continues efforts to reduce new HIV infections, particularly among young people and key populations who face barriers to consistent PrEP use. Public health experts say the drug’s twice-yearly dosing could be a game changer in improving uptake and protection.

Advertisement

MCAZ says it remains committed to ensuring Zimbabweans have access to safe, effective and good-quality medical products, in line with its mandate under the Medicines and Allied Substances Control Act.

Advertisement
Continue Reading

Slider

ZimParks to host first-ever International Wildlife Conservation symposium

Published

on

BY NOKUTHABA DLAMINI

The Zimbabwe Parks and Wildlife Management Authority (ZimParks) will hold its inaugural International Wildlife Conservation Symposium under the theme “Wildlife Conservation and Sustainable Development.”

Advertisement

The two-day event, scheduled for October 22 to 23, next week, will take place at the Management Training Bureau in Msasa, Harare. It will bring together conservationists, researchers, policymakers, and students to discuss key issues around wildlife protection and sustainable development.

The symposium will focus on eight sub-themes, namely Wildlife Conservation and Transboundary Management, Freshwater, Fisheries and Aquatic Management, Sustainable Tourism and Socio-Economic Development, Human-Wildlife Interactions, Environmental Health and Safety, Climate Change Adaptation and Mitigation, Community-Based Natural Resource Management, and Natural Resource Policy and Governance.

ZimParks says the symposium will provide a platform to exchange ideas and deepen understanding of the link between wildlife conservation and sustainable development. Members of the public, students, and professionals are encouraged to attend.

Advertisement

 

Advertisement
Continue Reading

National

CCC legislators in road accident, Nkulumane MP dies

Published

on

BY STAFF REPORTER

One Citizens Coalition for Change (CCC) legislator has died while four others were seriously injured in a road accident that occurred early Friday morning near Shangani along Bulawayo-Harare highway.

Advertisement

CCC spokesperson Promise Mkhwananzi confirmed the accident, saying it happened between 2 a.m. and 3 a.m. when the vehicle carrying the members collided with an elephant.

“The vehicle hit an elephant along the Shangani area, and unfortunately Honourable Desire Moyo, the Member of Parliament for Ngulumane, died on the scene,” Nkwananzi said.

He added that the other occupants — Honourable Madalaboy Ndebele, Senator Rittah Ndlovu, Honourable Sethulo Ndebele, and Libion Sibanda — sustained serious injuries and were rushed to a hospital in Bulawayo.

Nkwananzi said he was deeply shocked by Moyo’s death, as he had met him just yesterday in Harare.

Advertisement

“I had seen Moyo yesterday and we spent about an hour chatting outside Jamieson Hotel about the party and our future plans for national development,” he said. “I’m gutted by his passing. It’s a huge loss for the party.”

He conveyed his condolences to the Moyo family and wished a speedy recovery and strength to the families of the other CCC members who remain in critical condition.

He said further details, including the name of the hospital where the injured are receiving treatment, would be released once confirmed.

Advertisement

Would you like me to prepare a shorter social media version (for X or Facebook) that captures the key facts and emotion in about 3–4 sentences?

Advertisement
Continue Reading

Trending

Copyright © 2022 VicFallsLive. All rights reserved, powered by Advantage