Zimbabwe leaps into the cashless future

While most countries have adopted e-wallets and mobile banking as a result of technological innovation and evolution, Zimbabwe was forced into it because of a financial crisis.

In Harare’s central business district, hundreds of Zimbabweans queue and mill around outside the banks in what has become a grim daily ritual in this broken country.

Corralled by police and bank security, these customers wait patiently in the hope that this will be the day they can withdraw cash from their accounts. But in the main, it’s a fool’s errand, one repeated day after day.

These are not the signs of crippling bank runs, but something beyond that.

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