‘ZWL payments clampdown accelerates dollarisation’

FISCAL authorities’ clampdown on ZWL payments in the third quarter is unintentionally fast-tracking dollarisation, a local investment and research firm has said. The tight stance on payment of government service providers and the mopping up of ZWL$9 billion from the economy through gold coins starved the market of liquidity and helped reduce money supply growth.…

Subscribe to read full article. Subscribe today

Related posts

Growth outlook cheery: Experts

Mideast conflicts unsettle industry

Tobacco auction floors open 

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