EFT Corporation Appoints Farai Tigere as Managing ...

EFT Corporation Appoints Farai Tigere as Managing Director for Zim Operations

Audrey Galawu

Assistant Editor

Leading African fintech company, EFT Corporation, has appointed Farai Tigere as the Managing Director for its Zimbabwe operations.

The appointment is part of the company’s broader strategy to drive financial inclusion, digital transformation, and economic empowerment across the country.

“EFT Corporation is committed to enhancing Zimbabwe’s digital payments landscape, and Farai Tigere’s leadership will be instrumental in achieving this goal,” the company said in a statement.

“With his deep expertise in payment solutions and extensive local market experience, Tigere is well-positioned to lead our efforts in providing innovative and accessible financial services.”

Tigere, who initially joined EFT Corporation as an Implementation Engineer before transitioning to business development and solution architecture in 2018, has been a key figure in Zimbabwe’s payment digitisation efforts.

“The primary goal is to maintain and expand EFTCorp’s established role as a major player in Zimbabwe’s payment ecosystem, which involves deepening the company’s reach in underserved sectors and further strengthening its presence in commerce,” said Tigere.

“For me, this role represents professional growth, and for the company, it is a chance to steer the Zimbabwean arm of the business through a challenging but opportunity-rich period of expansion.”

EFT Corporation emphasised the importance of bridging the financial gap through digital solutions that cater to Zimbabwe’s informal sector. “Financial inclusion is at the core of our mission,” the company stated.

“By leveraging market research and innovative technology, we aim to restore confidence in digital payments, ensuring more Zimbabweans have access to formal financial services.”

As Zimbabwe moves towards mandatory POS systems, EFT Corporation is preparing to provide a comprehensive range of solutions to help businesses comply with upcoming regulatory changes.

“By tailoring these solutions to different market segments, EFTCorp will ensure that businesses are equipped to comply immediately with policy changes while benefiting from efficient payment systems,” Tigere explained.

EFT Corporation reaffirmed its commitment to developing cutting-edge digital financial solutions that empower businesses and individuals. “Our ability to innovate and adapt is what enables us to remain relevant,” the company said.

“As part of a larger organisation, we are uniquely positioned to leverage expertise from other markets and create meaningful solutions for Zimbabwe and the broader African payments landscape.”