EcoCash has hit back at the ban on mobile money transactions by the government.
In a statement, the company was dismissive of the ban calling it purported. It further stated that it was regulated by the Reserve Bank of Zimbabwe and a communication of that significance and nature would come from them.
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Zimbabwe government bans monetary transactions on EcoCash, OneMoney and all other phone based platforms
The 15 activities government is accusing mobile money platforms of leading to the ban
The directive was issued by the permanent secretary in the Ministry of Information, Publicity and Broadcasting Services. That raised a few questions as to why it came from that office in particular.
What will be certain, whatever happens, this weekend, people will be trading cautiously on the platform.
It is high noon
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