Nay🌸

Zimbabwean bank customers pay up to 20 times more in transaction fees per year than other African countries. @MthuliNcube & @ReserveBankZIM won't ever allow Apple Pay because they believe it'll interfere with the ritual fiscal bloodletting of Zimbabwean workers that funds their lifestyles. They don't understand it, so they ban it, effectively. Even as research shows that banks would increase their transactional charges incomes 4x if they integrate Apple Pay! An ordinary retail customer in South Africa, Botswana, Namibia, Mozambique, or Rwanda pays roughly US$15 to US$65 per year for full transactional banking. In Zimbabwe, that very same retail customers ~US$362 per year (it cost over US$550/year before the March 2026 "RBZ caps" on bank charges👇, which the banks just ignored). This evil status quo is one of the main reasons why Zimbabwe will forever continue to languish at the bottom of Ease of Doing Business tables. It's worse for corporates. The cost of transacting is cited by every single potential investor as one of the deterrents. The sad thing is that a bloated, useless & incompetent civil service will never crack the whip on banks. They live beyond their means & use these fees to extract ever more dollars out of your pocket to fund per diems, ghost workers and "bonuses" that reward civil servants for treating citizens like animals throughout the year. By allowing banks to bleed you dry like this, they channel these gains into banks' annual profit figures (on which the banks then pay tax to government) @edmnangagwa's "Open For Business" empty rhetoric meets its ultimate test on this issue & fails it year after year after year. This'll probably continue for the rest of your life, @mavhure @matigary @mimmitwit