Author: Chipo Mushwana

In recent times, the concept of a fully digital economy where cash is redundant has been generating considerable interest. This digital shift seems a clear direction for advanced nations, but its feasibility in Africa, including South Africa suggests a different approach. Despite the promise of digitisation to spur economic growth and broaden financial access across the continent, the African context is much richer and more complex. Of course, there’s no question that digitisation is key to addressing many of the financial challenges we face in Africa. With a significant portion of the population still lacking mainstream banking services, transitioning to…