Zimpost transacts US$3m in transfers

Zimpost transacts US$3m in transfers

By Ndafadza Madanha ZIMPOST says it transacted US$3.2 million in international money transfers last year on the back of partnerships with non-postal international money transfer companies. The acting managing director for Zimpost Sifundo Moyo said the company was exchanging electronic money transfers with postal operators in the region and beyond. He said the postal concern pays out US$4 million as pension payment to beneficiaries on behalf of pension companies annually. “Zimpost is currently playing in the financial services space. In the international remittances market, Zimpost exchanges electronic money transfers with…

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Zim anti-human trafficking laws too weak: ILO

Zim anti-human trafficking laws too weak: ILO

By Daniel Chigundu THE International Labour Organisation (ILO) says the country’s laws are too weak to effectively deal with the issues of human trafficking, modern-day slavery and forced labour. Incidences of external and internal trafficking in persons have been noted in Zimbabwe mainly due to the economic hardships currently being experienced in the country and has targeted young women and young men. Zimbabwe enacted the Trafficking in Persons Act in 2014 to fight against human trafficking in the country and is also implementing the Trafficking in Persons (TiP) National Plan…

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