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About: http://data.cimple.eu/news-article/533c1e4f84f7a8f64eec22d235976719b9d31d8ee31b9ca5e6096b14 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Zimbabwe's top mobile money transfer firm Ecocash said Wednesday it has capped individual daily transactions to $60 on the directive of the central bank, after it was blamed for galloping inflation. Ecocash, a subsidiary of telecommunications giant Econet, said the central bank had ordered it to peg transactions to a maximum of 5,000 Zimbabwe dollars (US$60) per person "with immediate effect". In a dramatic move two months ago, the government abruptly suspended mobile money transactions provided by telephone operators and halted all trade on the country's stock exchange, accusing them of being complicit in illicit financial activities. The bourse resumed trading on August 3. In a country where cash is scarce Econet transactions, through its subsidiary firm Ecocash, accounts for around 90 percent of all business transactions including buying daily groceries. Zimbabwe is being buffeted by its worst economic crisis in over a decade, including scarcity of basics like fuel and cornmeal. fj/sn/cdw
schema:headline	Zimbabwe's central bank caps mobile money transfer
schema:mentions	British Association for Immediate Care Mobile payment Joule Telecommunication Zimbabwe Inflation EcoCash Econet Global Cornmeal CDW
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-08-26 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	88 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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