Bank accounts fall by 2.1 mil vs EcoCash losing 3.1 mil subscribers: How cash won the war

The Reserve Bank of Zimbabwe’s (RBZ) Quarterly Microfinance Report for Q2, 2022 revealed a decline in active bank accounts in Zimbabwe.March 2021June 2021September 2021December 2021March 2022June 2022Total of Bank Accounts 9.06 million7.17 million6.69 million8.17 million7.76 million6.95 millionNumber of low-cost accounts 5.82 million4.41 million4.45 million4.78 million4.83 million4.22 millionRBZ Q2,2022 ReportThe total […]