The cigarette maker imports the bulk of its raw materials, such as the special paper and filters. It says: “The foreign currency auction platform has opened access to foreign currency required for raw materials imports and has brought about stabilization of the exchange rate which will alleviate...
The switch to a mono-currency forms part of Government’s economic reforms targeted under the Transitional Stabilization Programme (TSP), which aims to restore economic stability by putting in place key fundamentals for sustainable growth. Part of immediate measures taken by the central bank on Monda...