Feature: Welcome to 2022, but do not hold high hopes

By Melody Chikono
MARKET watchers have expressed mixed sentiments about the year 2022 with the economy expected to build upon the foundation which was set in the year 2021, Weekly Digest can report.

The year 2021 was characterised by the usual economic woes as the perceived currency stability was short-lived with a huge disparity emerging between the official and the parallel market rates.

The auction system battled throughout the year with a US$200 million backlog and in September, government disbursed US$70 million to clear the backlog.

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