Africa’s largest economy plans biggest overhaul of cash system as consumers shoulder $5.5billion annual bill
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Ayodeji Adegboyega
9h ago
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Business InsiderAfrica’s largest economy plans biggest overhaul of cash system as consumers shoulder $5.5billion annual billbusinessinsider.comSouth Africa is preparing the most significant overhaul of its cash ecosystem in years after the central bank found that consumers shoulder nearly $5.5 billion (R90 billion) a year in the cost of using physical money, prompting plans for sweeping reforms aimed at making cash cheaper, more accessible and more resilient.
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