-
Zimbabwe: U.S. Dollar Black Market Thrives in Broke Nation
New Zimbabwe, 19 March 2017
BLACK market in Zimbabwe is gaining popularity as cash shortages persist, with many people moving onto streets in search of the now elusive U.S. dollar. Read more »
Are Zimbabwe's Black Market Money Traders Back in Business?
A shortage of banknotes has resulted in a new black market more than eight years after Zimbabwe abolished its own currency, the Zimbabwean dollar, and adopted foreign currency to avoid exactly that sort of unofficial trading. Since the introduction of the bond notes, cash shortages persist, with many people moving onto streets in search of the now elusive U.S. dollar.
InFocus
-
As most companies in Zimbabwe depend on foreign currency to purchase raw materials from outside the country, the disappearance of American dollars from the market could bring their ... Read more »
