Somalis abandon shillings for mobile money as value continues to plummet
1,207 views · Published 18 December 2015 · 1:53 · Indexed 10 November 2026
Channel: CGTN Africa · 2015 · News & Politics
With bank notes worth only 4 US cents each, many Somalis have abandoned cash and opted for mobile money transfers. They now use mobile money to do their shopping and pay their bills. The move now puts the recovering East Africa nation at the fore front of a financial revolution
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