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Message: [QUOTE="Queen, post: 89008, member: 27"] Cabinet slashes bank fees across the board to pull more Zimbabweans into formal finance and kill off sneaky charges. Zhemu Soda briefing [LIST] [*]Information Minister Zhemu Soda announced the sweeping reforms. [*]Cabinet greenlit cuts to duplicated licences and permits. [*]Unnecessary levies get axed while high ones drop sharply. [*]Moves target hidden costs that scared off small users. [/LIST] Fee reductions [LIST] [*]Monthly maintenance vanishes for accounts under 100 dollars. [*]Transactions below 5 dollars see lowered charges. [*]Cash deposits become free in both US dollars and ZiG accounts. [*]Withdrawal fees face a strict 2 percent ceiling. [/LIST] [/QUOTE]