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flag Zimbabwe's banks face criticism for high fees, hampering financial inclusion, especially in rural areas.

flag Zimbabwe's banks are under fire for high fees that hinder financial inclusion, especially in rural areas where 67% of the population lives. flag The National Economic Consultative Forum (NECF) report highlights that Zimbabwe's banking costs, including fixed monthly charges and high transaction fees, are much higher than in South Africa. flag This has led to a lack of trust and reduced use of formal banking services. flag The Reserve Bank of Zimbabwe is urging banks to cut fees to boost public confidence and support economic recovery.

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