According to the @ReserveBankZIM, the current fuel pricing system will remain in placeā¦ āthe fuel sector will be encouraged to accept ZiG for fuel purchasesā ā¦.. Well, they arenāt serious about introducing a new currencyā¦ Fuel alone generates the highest demand for forexā¦ a major contribution to the forex black marketā¦ Ordinary people canāt just walk into a bank to buy forex for fuel, but fuel companies should be able to do soā¦ As long RBZ isnāt willing to normalise fuel pricing, they shouldnāt expect any differenceā¦. Very dumb way of introducing a new currency
@KMutisi @ReserveBankZIM If there are things in the country that it cannot buy, then itās not a currency. Just another experiment.
@TinoChinyoka @KMutisi @ReserveBankZIM If people start buying fuel using ZiG then we are doomed. Our import bill will shoot sharply & the scarcity of Forex for importing critical elements will sent us into a genuine economic tumble