Zimbabwe: Relief for Glass Industry

Harare — THE glass industry, which was heading towards the graveyard because of the crippling foreign currency shortage, has been spared from imminent collapse, thanks to the novel foreign exchange auction system.

While the amount allocated to the sector so far could not be immediately ascertained, players in the industry this week expressed satisfaction with the Reserve Bank of Zimbabwe's efforts to spread the scarce resource across all the critical sectors of the economy.

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