Local News

‘Help tuckshops formalise’

NewsDay Staff ·

‘Help tuckshops formalise’

THE Confederation of Zimbabwe Retailers (CZR) has said authorities should help downtown tuckshops to formalise their operations through a favourable regulatory regime.

Industry and Commerce minister Sithembiso Nyoni early this week accused informal retailers who exclusively transact in the United States dollar of creating a shadow economy at the expense of the public which earns in local currency.

On Monday, the minister toured wholesalers and tuckshops in downtown Harare and appeared surprised that all prices were pegged in the greenback.

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