JUST IN: RBZ Approves EcoCash Transaction Fees Hike

The Reserve Bank of Zimbabwe (RBZ) has approved the adjustment of transaction fees upwards by Zimbabwe’s largest mobile money operator, EcoCash, TechZim reports.

The publication says its sources have confirmed that the approval was granted on Saturday afternoon, with the new fees coming into effect on Monday, the 27th of January.

The majority of Zimbabweans are now using EcoCash for paying school fees, buying groceries, transferring money, paying tithes and offerings at church and whatnot.

The hike in transaction fees will without a doubt hit harder those at the lower rungs of the economic and social strata.

More: TechZim

Quick NetOne, Telecel, Africom, And Econet Airtime Recharge

If anything goes wrong, click here to enter your query.

News On WhatsApp

Tap to join WhatsApp Group (no discussions)

If you find the group full, please see the WhatsApp page to let us know.


Back to top

Write a Comment

Your email address will not be published.