Kwesé TV shutters as Econet blames Zimbabwe economic crisis

Econet Media’s pan-African satellite TV service Kwesé TV is shutting down today, with parent company Econet Wireless blaming economic conditions in its home territory of Zimbabwe and the difficulty in securing foreign currency to pay suppliers.

Zimbabwe ceased to recognise the US dollar and South African rand, as well as other foreign currencies, as legal tender in June amid a growing economic crisis in the country.

Source: Kwesé TV shutters as Econet blames Zimbabwe economic crisis

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