Mobile money ban: Zim ‘has cut consumers off at the knees’

02 October 2019 - 07:00 By Lenin Ndebele and AFP
The group executive chairperson for EcoNet Wireless Global, Strive Masiyiwa, is taking the Zimbabwean government to court.
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

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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