Mobile banking helps restore confidence in Zimbabwe
Seven years ago, Zimbabwe's financial crisis and hyper-inflation meant most people lost confidence in the banks - but now, that confidence is slowly returning.
Money is finding its way into mobile phones through a new platform called EcoCash. Fast, efficient, financial transactions are taking place in real-time, far away from the physical branches of the banks.
This means the people who really benefit from the system are those living in remote, rural areas.
Reporting for Africa Business Report the BBC's Brian Hungwe explains how this mobile money business is working.
03 Oct 2014
- From the section Business