Cross border traders
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Suspend SI 64 0f 2016: ZCBTA
BY KUNASHE MUKANDE AND MIRIAM ZVOMUYA The Zimbabwe Cross Border Traders Association (ZCBTA) has urged the government to temporarily suspend Statutory Instrument (SI) 64 of 2016 and relax other associated taxes to ease price increases. While addressing a press conference today, the secretary general of the ZCBTA, Mr Augustine Tawanda reiterated that there is a…
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Cross borders bemoan Ecocash transaction charges by dealers
Cross border traders have lamented the sharp increase in the percentage required on the black market for them to take out their money from the Ecocash financial application. The black market exchange rate for cashing out money from Ecocash accounts has steadily risen up to 30% leading to the erosion of the profit margins, further…