Zim Gvt Cracks Down on Retailers Over Pricing
By Dumisani Ndlovu The Zimbabwean government has accused formal retailers of pegging prices to parallel market rates, prompting the Reserve Bank of Zimbabwe (RBZ) to devalue the Zimbabwean Gold (ZiG) currency by over 40% on September 27. This move aimed to address the widening gap between official and parallel exchange rates, which caused a surge […]
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