VOICED : Short changed Zimbabwean shoppers turn to mobile banking

Zimbabwe faces currency challenges with US dollars replacing the local currency and a shortage of coins. Mobile banking, particularly through Ecocash, offers a potential solution by facilitating cashless transactions. This trend is part of a broader shift in Africa, where mobile banking is becoming increasingly popular. Despite these advancements, Zimbabwe's economy continues to struggle, with growth projections lagging behind regional averages.

What currency replaced the local currency in Zimbabwe, and what led to this change?

Describe the role of mobile banking in addressing cash shortages in Zimbabwe.

How has the introduction of Ecocash impacted businesses in Zimbabwe?

What was the economic growth projection for Zimbabwe in 2015, and how did it compare to the regional average?

What challenges does Zimbabwe's economy face despite the introduction of new coins and mobile banking?