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*MDC Criticises RBZ Over RTGS$100 Cash-out, Cash-In Limit* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ea The MDC has castigated the decision by the Reserve Bank of Zimbabwe (RBZ) to cap cash-in and cash-out mobile money transactions at ZWL$100.00. MDC Secretary for Elections, Jacob Mafume, said the $100 is not enough to buy something meaningful and will force citizens to do multiple transactions. Writing on Twitter, Mafume said: ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- > Probably some foreign currency guzzling big wig forever on trips RBZ official thinks 100 Zim nonsense can buy a lot. It’s not US dollars and this just increases the cost to the person as one has to do multiple transactions. Its breathtaking stupidity on a bronco. The central bank on Monday ordered mobile money operators to suspend cash-in and cash-out transactions in a move meant to contain the rampant abuse of the platforms by cash barons. However, the apex bank reversed the move 48 hours later but limited transactions to only $100 from $500 that was in place before Monday’s ban. itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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