ECOCASH Holdings Zimbabwe more than doubled its spending on local suppliers of goods and services to ZWL665 billion -mainly small to medium businesses, as part of its efforts to grow the sector.
EcoCash spent ZWL1,5 trillion on suppliers during the year that ended February 29, 2024 (FY 2024), representing a 181 percent growth from ZWL534,1 billion in FY 2023.
This also reflected a notable rise in operational expenditures.