‘Zim dollar return worsens forex crisis’

PACKAGING materials producer Nampak Zimbabwe (Nampak) says the recent reintroduction of the Zimbabwean dollar as the sole currency has worsened the country’s foreign currency shortages. The country — whose government banned a multi-currency system — is experiencing an acute foreign currency shortage, which has been caused by a persistent trade deficit and waning investor confidence,…

Subscribe to read full article. Subscribe today

Related posts

Simbisa intensifies cost optimisation

Non-funded income bolsters InnBucks

Tanganda to improve oil plant throughput

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More