DStv Channel 403 Saturday, 19 October 2024

Zimbabwe's retailers closing branches due to ZIG instability

HARARE - Some of Zimbabwe’s larger supermarket chains and banks are closing branches.

They say the country’s unstable currency makes it impossible for them to plan effectively.

Zimbabwe’s central bank devalued the country’s ZIG currency a few weeks after some large retailers threatened to shut down operations but it seems this has not solved the problem.

eNCA correspondent Pindai Dube reports in the video above.

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