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RBZ Authorises Ecocash To Exempt Sirizani Butau From Limits Till End Of March

RBZ Authorises Ecocash To Exempt Sirizani Butau From Limits Till End Of March

The Reserve Bank of Zimbabwe (RBZ) has authorised Ecocash, Zimbabwe’s largest mobile phone-based money transfer, financing and microfinancing service, to exempt Mr Sirizani Butau from Ecocash limits till the end of March next year.

Mr Butau was burnt while trying to rescue people from a Beta bus that was in flames after a head-on collision with a fuel tanker about 20 km outside Mutare on Christmas Eve.

He has been receiving donations from wellwishers and his Ecocash account had reached the limits set by the central bank.

Ecocash then approached RBZ seeking permission to exempt Butai from the limits. Pindula News spoke to Fungai Mandiveyi, EcoCash Holdings Zimbabwe Spokesperson who confirmed the development. Mandiveyi told this reporter:

I can confirm that we obtained authority from the RBZ to review Mr Sitizani Butau’s weekly EcoCash limit to allow him to pay for urgent treatment, among other things. 
His limit was reviewed from ZWL$35,000 to ZWL$100,000 per week, with effect from Dec 26 2021 until March 31, 2022.  
Mr Butau’s Ecocash account is +263773024849. 

More: Pindula News


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6 Comments

Mr ndhlumbi 4 months ago

Which means u Kno dat yo limits are fake


MERK 4 months ago

THERE SHOULD BE NO LIMITS AT ALL. WHY ARE THERE LIMITS? THIS IS STUPID. WE ALL DON'T WANT THE LIMITS


Mr ndhlumbi 4 months ago

That is tru

Tkt 4 months ago

Tatenda Prof Nostro naDr Vostro


Zimdollar 4 months ago

Tinotenda, magona vakuru, murambe makadaro. Musaitire vaButau chete, asi nevamwewo vanenge vaitawo zvakanaka sezvakaitwa negamba iri.


🤨🤨 4 months ago

Vagona Prof nditi vacharamba ka



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