HARARE, ZimbabweHARARE, Zimbabwe — Out with the Zimbabwe dollar, in with the ZiG. Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often ...
In came Econet, a major mobile operator, to launch a mobile money service called Ecocash. Taking advantage of the country’s high mobile penetration, the service had 2.3 million users within 18 months.
Zimbabwe’s banks are running out of cash and there’s a sense of distrust, panic and frustration among locals. Since the hyperinflation of 2009, Zimbabwe has depended largely on the U.S. dollar. But ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. HARARE, Zimbabwe (AP) — Out with the ...