02 October 2019 1 Min Read
Mobile money ban: Zim ‘has cut consumers off at the knees’
The group executive chairperson for EcoNet Wireless Global, Strive Masiyiwa, is taking the Zimbabwean government to court.
Image: Riccardo Savi/Getty Images for Concordia Summit
Image: Riccardo Savi/Getty Images for Concordia Summit
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Zimbabwean billionaire Strive Masiyiwa has turned to the courts in a desperate bid to challenge the government’s latest decision to ban mobile money services, a devastating move that effectively excludes the majority of the population from doing business.
The platform controls almost 95% of all monetary transactions in Zimbabwe.
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