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Zimbabwe Introduces Local Currency for Internet Data Purchases

2/9/2025

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Summary

Story summary

In a groundbreaking move for Zimbabwe, the Reserve Bank is teaming up with POTRAZ and TOAZ to allow internet data packages to be bought with the local currency, ZiG, rather than just US dollars. This shift aims to enhance accessibility, with the Financial Intelligence Unit overseeing compliance and industry players adjusting pricing for a smoother customer experience.

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Story summary

In a groundbreaking move for Zimbabwe, the Reserve Bank is teaming up with POTRAZ and TOAZ to allow internet data packages to be bought with the local currency, ZiG, rather than just US dollars. This shift aims to enhance accessibility, with the Financial Intelligence Unit overseeing compliance and industry players adjusting pricing for a smoother customer experience.