Zim allows citizens to use rand currency through cellphone service

Reports this morning that Zimbabe is going to allow citizens to us the rand as a currency through a private cellphone service.

Ryan Truscott, EWN correspondent in Zimbabwe, explains more to Stephen Grootes on The Midday Report.

It is a service offered by mobile phone company Econet. Truscott says this service will be available to users of Econet's electronic mobile phone wallet and there are believed to be 5 million users.

These users will be able to now receive rand payments in those mobile phone wallets in Zimbabwe.

Listen to Truscott explaining the new service below:


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