ORGANISED business is keen to engage authorities over new regulations which criminalise traders who price their goods and services using parallel market foreign currency rates.
Captains of industry and commerce who spoke to The Financial Gazette this week said while they appreciated the fact that Statutory Instrument (SI) 127 was meant to instill market discipline, the manner in which this had been done threatened the country’s growing economic stability — necessitating dialogue among all concerned.
Confederation of Zimbabwe Industries (CZI) president, Henry Ruzvidzo, was among the business leaders who said they would seek audience with authorities over the new law.
Henry Ruzvidzo, CZI President
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