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

...


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.


Advertisement
Live Now

Latest News

News ...
Government engages captains of industry to find ways from protecting consumers from price hikes fuel pricing adjustments


By Michelle Dzvova
Government is engaging captains of industry to find ways from pro...

Read More

News ...
100 lucky listeners to attend Star FM Music Awards

By Siphathisiwe Masuku

ONE hundred lucky listeners will be given tickets to attend the Star...

Read More

News ...
Alfred Kainga Announced as 2019 Star FM Music Awards MC

By Siphathisiwe Masuku

United States based Zimbabwean comedian Alfred Kainga will be the Ma...

Read More

News ...
CPU probe Mnene mission's sewer disposal system


By Locadia Mavhudzi

Midlands Civil Protection Unit (CPU) has dispatched an investi...

Read More

More