FX auction spurs industry revival

AUTHORITIES say the stability-inducing forex auction continues to spur revival of production in the economy — with capacity utilisation expected to reach 60 percent by year-end — as industry continues its push towards yesteryear productivity levels. The forex auction has been credited with taming the once rampant black market, which for many years triggered skyrocketing…

Subscribe to read full article. Subscribe today

Related posts

Capital crunch stifling growth

Matabeleland South inflation highest in Zimbabwe

Interest rates ‘still too high

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