Business applauds easing of ZiG reins

For the ZiG to instill public confidence and ensure market stability before 2030, the RBZ should aim for a prudent target where gold reserves cover at least 25 to 30 percent of the ZiG’s total monetary base, as evidenced by international best practices.

EXPERTS have commended the government’s exchange control reforms of last week, which give under pressure companies greater flexibility in pricing their goods and services.Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts said this week that the repeal of exchange rate controls…

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