Home
About
Contact
Register
Login
Generate
WhatsApp Message
*Price Increases Due To Lack Of Foreign Currency: CZR* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ik In an interview with The Chronicle, Confederation of Zimbabwe Retailers (CZR) president, Mr Denford Mutashu said the recent price increases are a result of lack of foreign currency. He said companies are increasing prices because they are converting their bond notes to US dollars on the black market. Said Mutashu: ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- > The US dollar is now scarce and not much is being produced locally. As a result, companies are converting their bond notes to US dollars at a higher rate. Manufacturers experience a hidden cost. They have to recover those costs along the chain. The end user is the one that feels it all. *Also Read:* *MDC Causing Shortages, Price Hikes To Force People To Rebel Against Zanu-PF: War Veterans* *Millers Warn Of Imminent Bread Shortages As Wheat Supply Falls To Lowest Levels Since 2005* More: Chronicle itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Feedback