Telecom giant embraces new currency

Written by on April 11, 2024

Charity Chikara

10.04.24

Telecommunications giant Econet has embraced the new Zimbabwe Gold currency as of the 8th of Aprirl 2024.

The company confirmed the development on their social media platforms, informing their clients about the ability to now transact in ZiG.

This effort follows the recent introduction of the new currency and monetary policy by the Reserve Bank of Zimbabwe under the guide of Governor John Mushayavanhu.

The governor said he is satisfied with the banking sector and Payment Systems Providers (PSPs) progress in converting the ZW$ balances into Zimbabwe Gold (ZiG) since the procurement of the Monetary Policy measures on the 5th of April 2024.

He further highlighted in a press statement that the conversion process will continue for other economic sectors until Friday the 12th of April 2024.


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