Companies in a fix
• As RBZ issues ZiG instrument for forex allotments
LIVINGSTONE MARUFU The Reserve Bank of Zimbabwe (RBZ) is planning to provide local businesses that have not received their allocated hard currency—estimated to be in the millions of dollars—from the foreign currency auction trading system with a two-year ZiG instrument, a condition which is detrimental to business, Business Times can report. Adding insult to injury, exporters will…
