Zimbabwe’s Econet Curbs Mobile-Money Transactions on Regulator’s Order

General Economy In Zimbabwe As President Mnangagwa Vows To Woo Investors — Photographer: Waldo Swiegers/Bloomberg

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By Ray Ndlovu

August 26, 2020 at 8:43 AM UTC

Updated on

August 26, 2020 at 10:51 AM UTC

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Econet Wireless Ltd. is imposing restrictions that limit the size and range of transactions on its mobile-money platform to comply with an order from the Reserve Bank of Zimbabwe.