Foreign currency auction is in trouble, RBZ plan out of problem not the solution

BULAWAYO – It is clear that the auction for foreign exchange is in trouble. The arrears now stand at over US$200 million. That is equivalent to nearly Z$18 billion and the delays are having a serious impact on company cash flows and confidence in the system overall. While the SME Auction is playing a key role in the economy and is giving these companies access to foreign exchange at…


Enjoyed this post? Share it!