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Dishonesty now biggest threat to democracy

NewsDay Staff ·

Dishonesty now biggest threat to democracy

Two inter-related issues — highlighted in two feedbacks I have received over the past six months — should be addressed as a matter of priority and urgency.

The first one is do with what one mobile money transfer platform has given rise to or morphed into — a replica or clone of the Old Mutual-implied interbank rate.

Tinashe Chifamba emailed me as follows way back on January 11, 2019 as feedback: “To add on to why the country is facing such protracted price and market distortions, currently in the business sector — particularly retailers, manufactures, and banks, including those EcoCash agents — they are in the unacceptable business of selling bond notes and coins at different rates.

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