‘Credit crunch’ stifles tech investment

THE Postal and Telecommunications Regulatory Authority (Potraz) says a credit crunch in Zimbabwe has hampered investment in next-generation technology, stalling the country’s digitalisation. In response to galloping inflation last year, the Reserve Bank of Zimbabwe (RBZ) increased interest rates to 200 percent before reducing them to 150 percent and 140 percent, recently.Advertisements Opinions differ on…

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