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ZINARA HIKED TOLL FEES PRICE IN ZIMBABWE
The Zimbabwe National Roads Authority (ZINARA) has hiked toll fees by 73% in line with obtaining exchange rate dynamics. The developments are in line with recent fluctuations of the Zimbabwean dollar on the Reserve Bank of Zimbabwe (RBZ) foreign exchange auction platform, which saw the value of the local currency depreciating by 49% this week, reaching US$1:ZW$258. In a Saturday update, the roads administrator said the hikes were in terms of section 4 of Statutory…
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