Cross border traders express concern over constant increase of currency rates on the black market

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By Thupeyo Muleya
 Cross border traders have expressed concern over the constant increase of currency rates on the black market saying the unstable rates are affecting their day to day business.
In an interview with Star FM News, some cross border traders selling on the streets of Harare on Tuesday said since the announcement of the election date, they have been finding it hard to buy foreign currency for their cross border trading, as the rates are constantly rising.
Economist Mr Vince Museve said the situation of unstable currency rates, is normally experienced by many countries during the election period.
Mr Museve said the situation will normalise after elections.

Meanwhile chairperson of the Beitbridge state functions committee, Mrs Kiliboni Ndou-Mbedzi, who is also the district administrator says the stage is now set for President Mnangagwa's visit to Beitbridge tomorrow.
President Mnangagwa will officiate at a ground breaking ceremony to mordenise the country's and SADC's busiest inland port of entry.
A consortium under the banner "Zim-Borders" was recently awarded the tender to upgrade Beitbridge border post, to meet world standards and bolster the government's thrust on the ease of doing business.


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