BITI : ECONOMIC BLOODBATH LOOMS
FORMER Finance
minister Tendai Biti has warned of a bloodbath in the absence of a liberalised
the exchange rate and an injection of
liquidity into the economy.
His warning comes on the back a persistent
liquidity crunch, exchange rate volatility and a wave of business closures and
corporate rescues.
“Companies are
paying the price of an uncertain political regime and exchange rate
FORMER Finance
minister Tendai Biti has warned of a bloodbath in the absence of a liberalised
the exchange rate and an injection of
liquidity into the economy.
His warning comes on the back a persistent
liquidity crunch, exchange rate volatility and a wave of business closures and
corporate rescues.
“Companies are
paying the price of an uncertain political regime and exchange rate