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*RBZ measures affect car imports* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?hx In May, the Reserve Bank of Zimbabwe came up with a four-tier import priority list for the efficient use of foreign exchange resources, with a bias towards supporting the productive sectors of the economy and reducing the import bill. Due to growing cash constraints owing to the shortage of the United States dollar, the central bank came up with the import priority list to keep as much money in the country. The list was grouped into four parts, priority list one to three and non-priority, the latter is where imported vehicles fall under. With this list in place, those wishing to import vehicles now have to go through a rigorous process, which involves getting approval from the central bank, a process which can take up to five months. The process involves extreme vetting to ascertain the reason and nature of the purchase. ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- More: NewsDay _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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