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Mthuli dangles incentives for Zimdollar use
Miriam Mangwaya and By Harriet Chikandiwa and Sharon Buwerimwe ·
FINANCE minister Mthuli Ncube yesterday dangled some incentives to promote use of the tumbling local currency, and put a cap on the widening parallel market exchange rate.
The Zimbabwe dollar has been fast losing value against the greenback, trading at anything upwards of $230 against $116 on the central bank’s controlled auction system.
This has resulted in a spike in prices of goods and services, pushing many Zimbabweans deep into poverty.
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