THE High Court has set down the hearing of the Cassava Smartech Zimbabwe Limited case against Reserve Bank of Zimbabwe (RBZ) for Friday, with Econet lawyers insisting the date to be brought forward, the Zim Morning Post has learnt.
Following the direct order by the central bank to ban all EcoCash cash-in, cash-out and cash-back transactions, Econet Wireless on Tuesday filed an urgent application at the High Court against the RBZ’s decision.
The application was made through its technology arm, Cassava Smartech.
Cassava was seeking an earlier date for the hearing.
The High Court has set October 4 as the hearing date, with the matter expected to commence at 2:30pm before Justice Alphas Chitakunye.
“Reference is made to the above matter brought on an urgent basis on October 1, 2019 and which has been set down for hearing on October 4, 2019 at 2:30pm before his Lordship Justice Chitakunye,” the High Court said.
Econet is, however, asking for an earlier date for the hearing as it claims the ban is a liability to Zimbabweans.
“With each day passing, more than 10.5 million Zimbabweans who depend on EcoCash for their transactions are forced to suffer more and more prejudice.
“We, therefore, respectfully implore his Lordship to reconsider the set-down date by bringing it forward to a date earlier than October 4, 2019, including anytime outside the normal work-hours,” Cassava prayed.