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Personal information can be changed such as customer's personalized identification information, address, contact details and password. There is even the ability to stop cheques. Customers are given a non-exclusive, non-transferable personal license to use the software provided and this gives them free access of their accounts. The customers who avail of Commonwealth Internet banking services no longer need to depend on bank clerks to handle their business nor do they have to suffer through endless queues. They can perform almost any task in the comfort of their own homes. |

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Banking on Sharia Principles - Islamic Banking and the Financial Industry
By Linda Eagle
There are an estimated 1.61 billion Muslims worldwide, making Islamic banking one of the fastest growing segments of the financial industry. Banks serving the Islamic population must comply with several very specific principles of Islamic law if they hope to retain existing customers and attract new ones. Banks must be ready with specialized products and services and they must put programs in place to train their personnel to support these products and services in order to exist in this competitive marketplace.
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Overview of Zimbabwean Banking Sector (Part One)
By Dr Tawafadza A. Makoni
Entrepreneurs build their business within the context of an environment which they sometimes may not be able to control. The robustness of an entrepreneurial venture is tried and tested by the vicissitudes of the environment. Within the environment are forces that may serve as great opportunities or menacing threats to the survival of the entrepreneurial venture. Entrepreneurs need to understand the environment within which they operate so as to exploit emerging opportunities and mitigate against potential threats. This article serves to create an understanding of the forces at play and their effect on banking entrepreneurs in Zimbabwe.
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