All Topics
All Topics
Technology
Technology
AI
AI
Business
Business
Entertainment
Entertainment
News
News
Programming
Programming
Science
Science
Design
Design
Environment
Environment
Finance
Finance
Crypto
Crypto
Politics
Politics
Sports
Sports
Education
Education
Gaming
Gaming
Art
Art
Music
Music
Health
Health
Security
Security
Books
Books
Food
Food
Travel
Travel
Personal
Personal
Bluesky
Twitter

Africa’s largest economy plans biggest overhaul of cash system as consumers shoulder $5.5billion annual bill

By

Ayodeji Adegboyega

9h ago

Source

Business InsiderAfrica’s largest economy plans biggest overhaul of cash system as consumers shoulder $5.5billion annual billbusinessinsider.com
Snippet from the RSS feed
South 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.

You might also wanna read

Comments

Sign in to join the conversation.

No comments yet. Be the first.