Monday Morning Shocker As Shops Demand US Dollar Payments Only, No Ecocash, Swipe Or Bond Notes
8 October 2018
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Correspondent|Zimbabweans in the country’s major urban centres woke up to a shock Monday morning with some retailers demanding payments for products in foreign currency only.

ZimEye.com sources indicated that some retailers across the country stopped taking card payments , eCoCash and bond notes amid the cash crisis in Zimbabwe.

Further investigations by ZimEye.com indeed revealed that some retailers in Bulawayo and Gweru have basically changed all their pricing to USD rates for those using local currency.

At a shop in Gweru on Monday morning, a 2 litre bottle of cooking as an example is pegged at US$4.00 and $11.50 for swipe and Ecocash and $9.00 for Bond Notes.

Reports further indicate that other retailers have basically chosen to close their business until government solves the foreign currency issues.

Most shops have also began removing price tags on their shelves due to the US dollar rate that is fluctuating almost on a daily basis.

Taxi operators have also not missed a chance at adopting a similar stance as many are no longer accepting eCocash payments. Some local short distance taxis in the big cities have started charging $1 for a normally 50 cents trip.

In areas where the charge is resisted, the transport operators have resorted to cutting their routes into half in order to force for the $1 payment.

Finance Minister Mthuli Ncube has insisted that the tough monetary and fiscal policies introduced last week and immediately became tge cause of the economic woes in the country will remain in place in order to bring the country back to economic stability.