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The CZI Matabeleland Chapter president said discussions around improving financial inclusion were important, adding that the informal sector played a significant role in the economy.
The informal sector is now estimated to make up between 60% and 70% of the economy, generating annual revenue of US$14,2 billion, according to the central bank.
Zimbabwe’s currency woes that started over two decades ago continue unabated — in April this year the government scrapped the RTGs dollar after it was battered by inflation.
In Graniteside, many industries stopped at the height of a terrifying economic crash in 2008, when 500 billion percent inflation wiped the domestic currency.
Israel Murefu, former president of the Employers Confederation of Zimbabwe, told businessdigest that the foreign currency shortage issue needed to be addressed urgently.