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*Black Market Sustaining And Driving Business In Zimbabwe - Report*
https://www.pindula.co.zw/2019/12/24/black-market-sustaining-and-driving-business-in-zimbabwe-report/?article

The Zimbabwean economy and businesses are being sustained by the parallel market as everyone who wants forex from businesses to travellers buying their forex from the black market a survey by the  Anti Corruption Trust Of Southern Africa’s survey revealed.

The survey, titled Government’s failure to restore sanity in the financial sector: A case of illegal money changers, read in part:

_Considering that 100% of the respondents obtained foreign currency from the black market, a follow-up question, was asked on whether they were aware that buying from the black market was illegal. Again, all the respondents (100%) pointed out that they were fully aware of the illegal nature of transacting at the black market_

_That said, they have no choice since their banks do not give foreign currency. Another follow-up question was asked on why businesses and travellers, among others, prefer buying foreign currency from the black market than banks and bureau de changes._

_This was testified by 50% of the respondents, while another group of respondents feel that there is no paperwork and questions asked at the black market than at local banks and bureau de changes._

The govt in February abolished the RTGS$1 as to US$1 policy and introduced interbank market which would trade freely against the dollar as the 1 as to 1 was no longer sustainable.

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