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*Mnangagwa Says That Cash Is Being "Sponged" Out Of Zim, Urges People To Use Electronic Money* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?mr Speaking at the burial of national hero John Chimbandi, President Emmerson Mnangagwa urged Zimbabweans to continue using electronic money. Mnangagwa said that despite his administration’s efforts to solve the cash crisis by importing money from abroad, the money was being exported out of the country by unnamed syndicates. Said Mnangagwa, ---------- Latest itel A06 on Pindula: 32GB storage, 4GB RAM $69 USD WhatsApp: +263715068543 Calls: 0772464000 ---------- > I am aware that our people continue to face hardships linked to shortages of cash in the economy, all to back up and complement their buying power. My Government remains fully seized with the matter. We have to date released millions of United States dollars into the market for circulation to ease this problem, however, as soon as the money is injected into the system, it is ‘sponged’ out. More creative ways of comprehensively tackling this problem, both in the short to medium term are being considered. Meanwhile, I encourage us to increase our usage of plastic money, in line with global trends. More: Herald _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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