ZIMBAS HAVE LOST CONFIDENCE IN THE ZIMDOLLAR, SAYS MINISTER
GOVERNMENT has all but admitted that Zimbabweans have lost
confidence in the local currency, saying it was aware people were trooping to
the black market to buy foreign currency to avoid a repeat of 2008 where
hyperinflation eroded their savings.
Fina…
GOVERNMENT has all but admitted that Zimbabweans have lost
confidence in the local currency, saying it was aware people were trooping to
the black market to buy foreign currency to avoid a repeat of 2008 where
hyperinflation eroded their savings.
Finance deputy minister Clemence Chiduwa told Parliament on
Thursday that government was witnessing a massive switch by Zimbabweans to the
black market