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*Indian Community Proposes Barter Trade To Eliminate Forex Crisis* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?sg Rajshekhar Ray, the head of the Indian delegation at the CBZ International SME Indaba held in Bulawayo suggested that Barter trade could be used as a workaround to the shortage of foreign currency. Said Ray, > One of the solutions is, for example, we are trying to work on a barter system. A barter … meaning if I provide you machinery over here, let’s say I supply over a $1 million machinery, instead of taking cash I may take out something from Zimbabwe that is required in my country that Zimbabwe is producing in abundance, at a very competitive price. > So that is how one of the ways we can eliminate the foreign exchange crisis because it’s simple $1 million of machinery, so the Zimbabwean company is able to generate more money using that machinery. > I came here as a 10 year-old, the first time I landed in Zimbabwe it was just after independence, so it’s just sometimes destiny has different things for different nations but it’s about leadership at the end of the day. *Also Read:* *Video: Villagers now doing barter trade for groceries due to cash shortages* ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- More: NewsDay 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*
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