Martin Rushmere
TRANSPORT AND shipping services in Zimbabwe could come to a halt because there is almost no foreign currency to pay outside suppliers, says the Shipping and Forwarding Agents Association of Zimbabwe.
Without these payments the movement of goods will simply grind to a halt, says the association. The government should assist by ensuring that the payment of transport and other costs receives top priority.
Carriers and international agencies are refusing to accept Zimbabwe dollars for payment.
The Reserve Bank has ordered banks to give precedence to three areas - fuel, electricity and foreign embassies.
The reduction in business and the subsequent current hard times are by far the worst the Zimbabwe freight forwarding industry has ever experienced, says the shipping association.
Business has dropped by 50% in the last six months, according to the association.
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