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Mzansi: SA banking spreads its net

Mzansi: SA banking spreads its net

SA's low-cost national bank account extends banking to low-income earners and those living beyond the reach of banking services. "Mzansi" has proved to be a hit, with over 1.5-million accounts opened in less than a year - the great majority by South Africans who had never banked before.

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