The Bankers of Surat and the Letters of Credit
In the 1600s a Gujarati merchant could write a note in Surat and have it honoured in Mocha, Basra or Malacca. Said explains the hundi system and the families who ran it.
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Kilwa Kisiwani, a small island off southern Tanzania, controlled the gold trade from the Zimbabwe plateau for two hundred years and minted its own coins. Its Great Mosque was the largest in sub-Saharan Africa. This episode walks the ruins with Said and reconstructs the city at its height, around 1330.
Field audio recorded on the island with permission of the Tanzanian antiquities department.
In the 1600s a Gujarati merchant could write a note in Surat and have it honoured in Mocha, Basra or Malacca. Said explains the hundi system and the families who ran it.