Skip to content
  • Mon. Aug 10th, 2026

All Zim News

All Zimbabwe. All the News.

  • News
  • International
  • Zimbabwe News
  • Sports
  • crime
  • corruption
  • Politics
Recent
  • New African champions guaranteed as Cameroon eliminate Nigeria to reach semi-finals
  • Kwacha gains as copper prices surge above $14,000
  • How a Mozambican barber turned home haircuts into a fashion trend and won over Catamo, Mandlava and more
  • Standard Bank Mozambique posts €30m profit in H1
  • Mozambique urged to continue investing in Water Revolving Fund
  • Absa Pay sparks Botswana’s shift to secure, contactless payments
  • BMX could provide economic buffer against future FMD crises
  • Botswana’s mining FDI hit P47.8B in 2024
  • BSE aims to grow capital markets tenfold by 2030
  • Botswana’s Tax Overhaul: Corporate rates surge amid legacy concessions

“Tax on Poverty”: Banks in Zimbabwe exploiting the poor with inquiry charges

Jul 28, 2025
Harare, Zimbabwe, 7 October 2015. A street scene showing a woman carrying her luggage on her head whilst walking along a street. — Photo by Maboss283 via DepositPhotos.com

HARARE – Poor Zimbabweans, heavily reliant on mobile banking and traditional financial services for their daily transactions, are facing a “hidden burden” as “exploitative” charges for simple balance inquiries erode their already stretched incomes and undermine efforts to promote financial inclusion in the country.

The post “Tax on Poverty”: Banks in Zimbabwe exploiting the poor with inquiry charges appeared first on Nehanda Radio.

Source: Nehandaradio

Post navigation

Chido Chizondo voted new ZWPSL chairperson after a resounding victory
Simba Bhora chairman Isiah Mupfurutsa elected new PSL boss after tight contest

By Hope

You missed

Breaking News

New African champions guaranteed as Cameroon eliminate Nigeria to reach semi-finals

August 10, 2026 Hope
Breaking News

Kwacha gains as copper prices surge above $14,000

August 10, 2026 Hope
Breaking News

How a Mozambican barber turned home haircuts into a fashion trend and won over Catamo, Mandlava and more

August 10, 2026 Hope
Breaking News

Standard Bank Mozambique posts €30m profit in H1

August 10, 2026 Hope

Proudly powered by WordPress | Theme: Newsup by Themeansar.