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Mthuli Ncube’s Bold Move: Zimbabwe Bans Cash-Only Transactions In a bold move to tackle the growing informal economy, Zimbabwe’s Finance Minister, Mthuli Ncube, has announced a ban on cash-only sales. From now on, all businesses, including informal traders, must also use point-of-sale (POS) machines for transactions as well as operate a bank account linked to […]
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Mthuli Ncube Bans Cash-Only Sales – POS Machines Now Mandatory In Zimbabwe
Mthuli Ncube’s Bold Move: Zimbabwe Bans Cash-Only Transactions In a bold move to tackle the growing informal economy, Zimbabwe’s Finance Minister, Mthuli Ncube, has announced a ban on cash-only sales. From now on, all businesses, including informal traders, must also use point-of-sale (POS) machines for transactions as well as operate a bank account linked to