ECOCASH LIMITS TO CURB ILLEGAL DEALINGS, SAYS MANGUDYA
The daily individual limit of $5 000 for mobile money
transactions will cover the vast majority of ordinary payments by citizens, but
help to contain illegal dealings that fuel black market foreign currency
exchange rates and consequently push up pri…
The daily individual limit of $5 000 for mobile money
transactions will cover the vast majority of ordinary payments by citizens, but
help to contain illegal dealings that fuel black market foreign currency
exchange rates and consequently push up prices of goods and services.
EcoCash, the dominant mobile money platform, announced on
Wednesday that it was implementing the daily limit of $5