Zimbabwe and Lesotho are set to up the level in revenue assurance, combat network fraud and enforce billing integrity in all communication networks from both countries. The increase comes after Lesotho Communications Authority (LCA) and the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) began working on Global Voice Group’s (GVG) system.
James Claude, GVG Chief Executive Officer, noted, “With these partnerships, GVG enables solid telecom metrics for tax collection purposes, fraud detection and market compliance with regulations to protect consumers and operators in Lesotho and Zimbabwe.”
Global Voice Group is a Big Data analytics organization and a leading regulatory developer. Claude continued to say, “By enabling the regulators to see, in real-time, what is really going on in the telecom sector, it dramatically improves the governance of a sector that plays a major role in the socio-economic development of the two countries.”
GVP’s RegTech solution developed LCA and POTRAZ’s oversight capabilities, helping respective governments, industry and as well as the public.
The work done take the Kingdom in the direction of gaining the effective promotion of a compliant and inclusive digital and mobile ecosystem.
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Zimbabwe Dollar falls to record low ahead of currency announcement
The Zimbabwean currency has fallen to another all-time low as residents sought refuge in the stability of the US dollar amid speculation the central bank is on the verge of making an announcement regarding the future of the local currency.
posted on 03.04.2024
RBZ urges govt incentives on diaspora investments
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), called on the government on Monday to provide fiscal and non-fiscal incentives to diaspora investments due to their massive contribution to total foreign currency inflows in the country.
posted on 05.12.2023
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