Zimbabweans resort to savings clubs as economy worsens

Published
COVID-19 has led to job losses and reduced wages for millions of people around the world.
The government gives food and cash to some vulnerable families. But not everyone is getting assistance.
And as the economic future looks bleak, especially for the poorest, more and more people are resorting to “Mukando” or community savings clubs to make ends meet.

Al Jazeera’s Haru Mutasa has more from Harare, Zimbabwe.

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#Zimbabwe #SavingsClubs #Coronavirus
Category
Zimbabwe
Tags
zimbabwe, savings clubs, banks, economy, covid-19
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