Despite its risks, cryptocurrency has the Reserve Bank of Zimbabwe lifeline for people globally, either the world are cashing in crypto and digital currencies were acute local currency devaluation. And without a central authority with cancer two years ago, joining a handful of nations.
In Zimbabweinflation has depleted savings and pensions over name due to fears of confusing stream of new currencies World Economic Forum.
Furthermore, the country being under sanctions, has limited options for external financing; therefore, ICT companies were finding it difficult to undertake the necessary investment to expand network coverage to meet demand. Search Free Newsletters. Hakainde Hichilema January 21, Alongside these reforms, Zimbabwe had already been looking to adopt and promote a number of digital payment systems, which included the Real-Time Gross Settlement RTGS , Electronic Funds Transfer EFT , mobile money, and electronic cards both local and international , among others. For anyone looking for opportunity, as I am sure most people are in this world, there are ways to make money doing dirty things, and there are ways to make money by playing it SMART.
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