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newzimbabwe - 2 month ago

Finance Minister raises concerns over rising US$ cash withdrawals, pushes for shift to digital payments

FINANCE and Investment Promotion Minister, Mthuli Ncube, on Thursday, expressed deep concern over the increase in US$ cash withdrawals, warning that it heightens the risk of informality, tax evasion, corruption, and administrative inefficiencies. Presenting the 2026 National Budget, Ncube said the Emerging Sector continues to account for a substantial share of economic activity, with foreign currency [ ] The post Finance Minister raises concerns over rising US$ cash withdrawals, pushes for shift to digital payments appeared first on NewZimbabwe.com.


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