EcoCash suspends ZWL transaction

EcoCash, Zimbabwe's dominant mobile money group, has suspended ZWL transactions on its platform.

EcoCash advised its clients through a customer note posted on social media.
Said EcoCash, "Due to a currency switchover exercise, all ZWL transactions are currently unavailable on EcoCash. We will advise when normal service has been restored.
"All USD services are working well."



Zimbabwe introduced a new gold-backed currency called ZiG - the name stands for "Zimbabwe Gold".

It is the latest attempt to stabilise an economy that has lurched from crisis to crisis for the past 25 years.