Mobile Money Saving Accounts: Helping the Bottom of the Pyramid to Save in Zimbabwe

This paper on Academia discusses a serious problem confronting Zimbabwe, the savings gap, which essentially means that Zimbabwe as an economy cannot fund economic growth from domestic saving. There is a directly relationship between savings and income. Since savings largely depend on income, the low levels of income in the country translate into low levels of saving. The disappearing middle class in the country makes domestic individual savings seem like a miracle.