RBZ doubles mobile money and electronic transactions limits as the ZiG loses half its value

HARARE – In a move designed to alleviate the impact of the recent Zimbabwean dollar (ZiG) devaluation, the Reserve Bank of Zimbabwe (RBZ) announced significant increases to transactional limits on mobile money and electronic funds transfer platforms on…

HARARE – In a move designed to alleviate the impact of the recent Zimbabwean dollar (ZiG) devaluation, the Reserve Bank of Zimbabwe (RBZ) announced significant increases to transactional limits on mobile money and electronic funds transfer platforms on Friday, 1 November. The adjustments, the central bank stated, directly reflect the ongoing fluctuations in the official […]

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