M4D case study: Innovative solution to Zimbabwe’s change problem

M4D case study: Innovative solution to Zimbabwe’s change problem

It is always exciting to see innovative uses of mobile phones solving real-life problems. In Zimbabwe since 2009 the adoption of the mixed hard currencies monetary regime the one problem that has refused to go away is that of change. Retailers, small business owners, street vendors, bus operators and many others are struggling to keep up with the demand of change.

Many consumers would have to buy extra goods to get a rounded amount to solve the change dilemma. However, this problem has been addressed by a local mobile phone airtime business, Yo Time, that launched a product allowing consumers to redeem their change for mobile phone airtime. This is definitely innovative and presents a real solution to the problem many Zimbabweans face daily.

Read more about this story on TechZim.

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