The City of Harare earlier this week went on a bit of a rant on Twitter where it issued a number of orders like dog licences, civilians not being allowed to control traffic at intersections with dead signal lights and many more.
We couldn’t resist adding our own commentary on it after seeing some of the replies, retweets and comments left by Hararians on The City Of Harare’s tweets.
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One week after SI 127 and well there are no prizes for anyone. Because experts, pundits and even armchair economists were all right about the effects of the statutory instrument.
SI 127 has been the talk of the town and for good reason. The Statutory Instrument is going to increase prices in ZWL$ particularly because everyone will be juxtaposing the “official rate” with the parallel market rate.
ZIMRA recently gave a grace period for the importation of cars that are 10 years or older. Now, this comes after the ban the govt instituted in April 2021 which leads us to believe it’s all about the revenue dip ZIMRA was experiencing on its end.
Zimswitch has become the focal point of the national payments system even more after it assumed the role as the nation switch. But why is company prioritising USD payments over local currency payments in this era of e-commerce?