Econet launches Free Money Transfer Services

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Strive Masiyiwa, founder and chairman of Econet Wireless Global Ltd., speaks during the annual Milken Institute Global Conference in Beverly Hills , California, U.S., on Monday, May 2, 2016. The conference gathers attendees to explore solutions to today’s most pressing challenges in financial markets, industry sectors, health, government and education. Photographer: Patrick T. Fallon/Bloomberg via Getty Images

The Herald reports that Econet Wireless, has launched free money transfer services for those in the Diaspora.

Econet partnered with its sister company, Sasai Money Transfer, to enable individuals and companies in the United Kingdom and South Africa to send money to Zimbabwe free of charge.

This initiative is in support of the Government efforts to increase diaspora remittances coming into the country through formal channels.

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