USEFUL AND USELESS: US dollar notes and local currency
Barely two years after criminalizing use of the American dollar for local transactions, the government has shifted gears.
With tail between the legs, Reserve Bank Governor, John Magundya has recently been at pains justifying why the government has allowed a substantial number of filling stations to sell fuel in foreign currency.
Long winding fuel queues have become a part of us and the government in its wisdom or lack of it thinks selling the commodities in US dollar will change the situation. Maybe it will, one just never knows, we will just wait and see.