After years of brutal hyperinflation, Zimbabwe became known as a place where cash was almost worthless. Now, investors are fighting over EcoCash, the country’s homegrown PayPal-like service that has zoomed into the economy’s cash void. Its parent company has become the target of a rare bout of shareholder activism in Africa, pitting a New York-based father-son investment house against one of the continent’s richest men.
Source: Wall Street Journal January 02, 2019 12:12 UTC