After a turbulent few months, Zimbabwe’s largest plastic manufacturing plant is set on generating their own forex to enable production by exporting their products and targeting foreign markets mostly. Speaking to ZTN Proplastics had this to say
Zimbabwe’s largest plastic pipes producer Proplastics has said it will focus on foreign markets to generate forex. New plant ready for commissioning pic.twitter.com/qw9DMSYsyd
— Equity Live (@EquityLive) June 25, 2019
This comes directly after the governement outlawed multi-currency system, in favour of mono currency system igniting a chain of events that include price hikes, black market rates weakening, nostro/FCA withdrawal bans and widespread scepticism around the new Zim currency.