Zanu-PF's Lewis Matutu warns Econet and EcoCash

By Staff reporter | 06 Jul 2019 at 17:22hrs
Zanu-PF youth league
Lewis Matutu, Zanu-PF Youth League's outspoken deputy has come out with a warning for Econet and EcoCash.

The youth leader didn't go into specifics of what EcoCash is doing so it isn't very clear why he is disgruntled by the mobile money operator.

One can only assume that he is talking about EcoCash agents and their infamous practices. Some EcoCash agents have been accused of being forex dealers and an internet news portal reported that the RBZ had to step in and order some of the suspicious agent lines to be suspended, making it difficult for them to recover their money.

Matutu could also be referring to the agents habit of selling cash or charging more than they should when cashing out to EcoCash mobile money users, but this is less likely as the youth league official has been very click regarding illegal forex dealings within Zanu-PF.



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