Farai Mabeza, Senior Staff Writer 
16
WITH key indicators showing Zimbabwe’s increasing bias towards the US dollar (US$), industry has warned that a re-dollarisation of the economy would be catastrophic. In a recent note, the Confederation of Zimbabwe Industries (CZI) pointed to the increase in the proportion of foreign currency-denominated loans from about 37 percent in December 2021, to 64 percent…
Subscribe to read full article. Subscribe today
