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Once touted by Zimbabwean authorities as the effective solution to the country’s cash problems, mobile money is now being blamed for the rapid loss in value of the country’s Zimdollar currency. The central bank has described the leading EcoCash platform as a Ponzi scheme in court papers seeking to sustain a directive to disable its agent lines.
Zimbabwe continues to battle a severe financial crisis that has only worsened through the Covid-19 pandemic. Mobile money had helped boost financial inclusion in Zimbabwe as banks—which have been closing branches—fail to meet depositors’ demands for cash withdrawals. Mobile money usage in Zimbabwe has moved from just basic digital payments and rapidly evolved to include salary payments and remittances among other use cases.
But regulators now have a different position as they allege EcoCash, with over 11 million registered mobile wallet users, has been fueling illegal currency dealings on the streets. The
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I am sorry, I don’t know right here. It appears, Seagate Business Storage makes use of … Read More
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Hey, guys, I’m Kareen Molly from Shenzhen, China. Now I am working at Gihosoft Studio – an expert developer and supplier of cellular information transfer, backup, and … Read More
Along with your Google account singed in, your calendar, contacts, photos, Chrome bookmarks and different Google app information on Nexus telephone could be auto-synced to cloud and back up files like pictures, movies and documents to Google Drive. I had a colectomy thirteen days ago. My surgeon deliberate to go through my stomach button, but there were some sort of complications and he ended up going by way of my hysterectomy incision, although I’ve an incision in my belly button (5 incisions complete). I was in the hospital 9 days. Now residence for 5 days, I am sore and tired. Though I have some incision pain, mainly it feels as if my other organs are moving around, trying to find a brand new home. Did you experience that? If that’s the case, are you able to tell me how lengthy that lasted. At this level, I can actually only lay … Read More
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