News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*'ZESA, Fuel Barons Fuelling Rise In Black Market Rates'* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?vh The country’s power utility, ZESA and fuel barons have been fingered in the recent dramatic fall in the value of the RTGS dollar on the parallel market. Former cabinet Minister Jonathan Moyo, who has been living in forced exile since the November 2017 military coup that ousted longtime President Robert, claims that RBZ’s fictitious interbank market rate has forced businesses to source foreign currency from the streets. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- Writing on Microblogging site Twitter on Saturday, Moyo said: > The dramatic upswing of the rate at $5.8 publicly and actually $6.0 for industry OPENLY buying from dealers has been spawned by ZESA and FUEL BARONS who have forsaken the Reserve Bank of Zimbabwe’s fictitious interbank foreign currency market to scrounge real bucks from the parallel market! However, a Zimbabwean-born businessman, Mutumwa Mawere disagreed with Moyo’s assessment. He wrote: > The idea that this or that baron is the problem diverts attention from the real impact of policies that offend the fundamental principles that speak to the aspirational aspect of human life. > The substitution of consent by command antics necessarily produces distortions and winners. _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback