‘US dollar bill payments signal re-dollarisation’

AdvertisementsTHE government’s move to force exporters to pay electricity bills in foreign currency is evidence of the economy’s drift towards re-dollarisation, analysts have said. Statutory Instrument (S.I.) 249 of 2019, which came into effect this month, will see “exclusive and partial exporters” paying electricity bills in hard currency for at least six months. This is…

Subscribe to read full article. Subscribe today

Related posts

New investment licences decline

Volatile policies hamper economy

‘Debt resolution faces risks’

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