Paul Nyathi|Zimbabwe President Emerson Mnangagwa on Tuesday hinted at further policy measures aimed at addressing cash shortages and financial distortions.
Mnangagwa said in his State of the Nation Address the country would set up an alternative stock market for small enterprise companies and allow companies to independently import fuel.
“The government is fully aware of the challenges faced by the public in accessing cash, which has resulted in some unscrupulous traders selling cash in exchange for electronic money,” Mnangagwa said.
The address also came a week after authorities froze bank accounts of companies alleged to have been involved in black market foreign exchange dealings.
Meanwhile, the opposition MDC has told Mnangagwa that he is wasting people’s time making commitments he will never fulfil.
The opposition party lawmakers walked out of parliament as soon as Mnangagwa began his address.
Watch MDC National Chairperson Thabitha Khumalo blast Mnangagwa for his hopeless promises.