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Editorial: Govt shilly-shallying threatening Zimdollar sustainability

NewsDay Staff ·

Editorial: Govt shilly-shallying threatening Zimdollar sustainability

ON June 24, through Statutory Instrument 142 of 2019, government boldly declared “the Zimbabwe dollar… the sole legal tender in Zimbabwe in all transactions”. But worryingly, and curiously, the same government has been giving special dispensation for certain sectors allowing them to trade in foreign currency.

First it was the mining sector which was allowed to deal with power utility Zesa Holdings in foreign currency.

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