Site icon DailyNews

Depositors fueling cash crunch: Chinamasa

HARARE – Finance minister Patrick Chinamasa yesterday claimed depositors were fuelling the country’s biting cash crisis by keeping money outside the formal banking system. But depositors have said they were resorting to “pillow banking” because they could not access their cash from banks when they needed it. Zimbabwe has been experiencing cash shortages in the…

To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions
Exit mobile version