Full Text – RBZ reverses Ecocash ban

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EcoCash-Agent

The Reserve Bank of Zimbabwe has reserved has reversed the decision to ban the mobile money transactions.

The Central Bank has advised that the cash-out facility is now capped at $100 per transaction with immediate effect. Related to that, existing operational cash in and cash-back limits shall remain.

Read the full statement below:

RBZ on Ecocash

In other news – Mnangagwa takes Mugabe honour to parliament

President Emmerson Mnangagwa, Tuesday honoured the late national hero and former leader, Robert Mugabe by observing a moment of silence before he began his State of the Nation Address (SONA).

President Emmerson Mnangagwa and Robert Mugabe

The event coincided with the President’s official opening of the Second Opening of the Ninth Parliamentary session of Zimbabwe. Mnangagwa requested legislators to rise for a brief meditation in celebration of the life of the late former President. continue reading

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Source – Byo24News
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