News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*Cash transactions down by 8% due to cash shortages* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ou The Reserve Bank of Zimbabwe (RBZ) has revealed that due to the acute shortage of US bank notes, the number of cash transactions is going down as people look for alternative means of payment, mainly plastic money. Between July and August 2016, cash transactions fell by 8% from $5,3 billion to $4,9 billion. Cheque transactions also declined by 14% , while mobile money and online transactions increased from $709 million to $766 million an 8% increase. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- An excerpt of the RBZ report reads: > On a month-on-month basis, credit to the private sector decreased by 0.02 percent, from $3, 4 billion in July to $3, 4 billion in August. Developments on private sector continued to reflect cautionary lending by banks, in an environment characterised by a slowdown in economic activity. More: Source _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback