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Zimbabwe local traders stop accepting failing ZimDollars ahead of new currency debut

Zimbabwe local traders stop accepting failing ZimDollars ahead of new currency debut
nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.

Harare , Mashonaland-east , Zimbabwe , South-africa , Zimbabwean , Zimbabweans , Marceline-mupotaringa , Max-karombo , Brian-muchemwa , Reuters , Zimbabwean-government , Breaking-news

Zimbabwe informal traders ditch 'worthless' Zimdollar before new currency debuts

Zimbabwean informal traders are refusing to accept the local dollar for fear it will be worthless in a few weeks, when the government's new gold-backed currency enters circulation at the end of...
-April 10, 2024 at 10:22 am EDT
- MarketScreener

Zimbabwe , South-africa , Harare , Mashonaland-east , Zimbabwean , Marceline-mupotaringa , Olivia-kumwenda-mtambo , Max-karombo , Devika-syamnath , Nyasha-chingono , Brian-muchemwa , Kopano-gumbi

Zimbabwe informal traders ditch 'worthless' Zimdollar before new currency debuts – The Zimbabwe Mail

HARARE,- Zimbabwean informal traders are refusing to accept the local dollar for fear it will be worthless in a few weeks, when the government's new gold-backed currency enters circulation at the end of April. The Southern African country is replacing its collapsing Zimbabwean dollar with the new currency - called Zimbabwe Gold (ZiG) - in…

Harare , Mashonaland-east , Zimbabwe , South-africa , Zimbabwean , Marceline-mupotaringa , Brian-muchemwa , Max-karombo , Reuters , Southern-african , Zimbabwe-gold ,

RBZ pleads for ZiG acceptance as informal traders insist on US dollar

The Reserve Bank of Zimbabwe on Wednesday said the Zimbabwe dollar remains legal tender until April 30 following reports that informal traders are refusing to a...

Zimbabwe , Harare , Mashonaland-east , South-africa , Marceline-mupotaringa , Brian-muchemwa , Max-karombo , Reuters , Reserve-bank , Zimbabwe-gold , Bulawayo24 , Byo24

RBZ pleads for ZiG acceptance as informal traders insist on US dollar

The Reserve Bank of Zimbabwe on Wednesday said the Zimbabwe dollar remains legal tender until April 30 following reports that informal traders are refusing to a...

Harare , Mashonaland-east , Zimbabwe , South-africa , Marceline-mupotaringa , Max-karombo , Brian-muchemwa , Reuters , Reserve-bank , Zimbabwe-gold ,

Hyperinflation: Supermarkets in Zimbabwe suffer losses as Govt dithers – Nehanda Radio

Hyperinflation: Supermarkets in Zimbabwe suffer losses as Govt dithers – Nehanda Radio
nehandaradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nehandaradio.com Daily Mail and Mail on Sunday newspapers.

Zimbabwe , South-africa , South-african , George-guvamatanga , Max-karombo , Meikles-holdings , Finance-ministry ,

The OK debate: Agric will suffer - The Zimbabwe Independent

While Shoprite and Pick n Pay in South Africa can leverage their sales on products like furniture and hardware, Zimbabwean supermarkets rely on agricultural products.

South-africa , Zimbabwe , Zimbabwean , South-african , Tongaat-hulett , George-guvamatanga , Max-karombo , Cold-storage-company , Zimbabwe-united-passenger-company , Investment-promotion , Ok-zimbabwe-george-guvamatanga ,

Retailers under threat . . . informalisation gets out of hand

CALLS for formalisation of businesses continue to grow louder as the formal sector feels the pinch from the emergent informal economy in the country. Major retail players from diverse sections of the economy like food, clothing, textile, and footwear, have fallen victim to the sprawling informal sector and have since exhorted the Government to bring…

Harare , Mashonaland-east , Zimbabwe , Chile , Bolivia , Themba-ndebele , Sithembiso-nyoni , Mthuli-ncube , Linda-mujuru , Denford-mutashu , Max-karombo , Retailers-association-of-zimbabwe

Guvamatanga calls OK Zimbabwe management 'useless, needs to be fired' – Nehanda Radio

Guvamatanga calls OK Zimbabwe management 'useless, needs to be fired' – Nehanda Radio
nehandaradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nehandaradio.com Daily Mail and Mail on Sunday newspapers.

South-africa , Zimbabwe , South-african , Tinashe-murapata , George-guvamatanga , Max-karombo , Facebook , Finance-ministry ,

What OK'Zimbabwe's CEO says about the unstable, shifting retail market and strategy – The Zimbabwe Mail

Last Wednesday, OK Zimbabwe, the country’s biggest retailer by store count, had a briefing on its annual results. CEO Max Karombo went into some detail on the state of formal retail. Here, we give excerpts of what he said on key issues of the business and the environment. On the impact of exchange rate on…

Zimbabwe , Graniteside , Harare , Chiredzi , Zimbabwe-general- , Max-karombo , Ok-zimbabwe-limited-max-karombo , Ok-zimbabwe , Vic-falls , Food-lovers ,