HomeBusiness

Zimbabwe Amends Statutory Instrument To Allow Payment Of Passport Fees Using Forex

4 years agoSat, 07 Mar 2020 03:20:41 GMT
Share on FacebookShare on TwitterShare on LinkedIn
Zimbabwe Amends Statutory Instrument To Allow Payment Of Passport Fees Using Forex

The government of Zimbabwe on Friday gazetted a new amended Statutory Instrument 61 of 2020 which allows citizens with free funds to pay passport fees using foreign currency.

The gazette reads in part:

The Exchange Control (Exclusive Use of Zimbabwe Dollar for Domestic Transactions) Regulations, 2019, is published in Statutory Instrument 212 of 2019, is amended in Section 4 (“Transactions Excluded from Scope of “Domestic Transactions”) by the insertion of the following paragraph after paragraph (f).

(g) payment for emergency passports, that is the payment out of free funds (as defined in Section 2 of the Exchange Control Regulations, 1996) of any fee for the issuance of a passport within twenty-four hours of the fulfilment of the requirements for such issuance by the person in whose name passport is to be issued.

Last year in June, Zimbabwe through Statutory Instrument 142 of 2019 banned the use of foreign currencies for domestic transactions thereby leaving the Zimbabwe dollar which was reintroduced by the same SI as the sole legal tender in the country.

Latest Tecno Pop 8 - now available in Pindula.

$94, Cash on Delivery in Harare & Bulawayo.

WhatsApp: 0783 450 793

De-dollarisation is, however, proving to be a mammoth task for Zimbabwe particularly because most of the commodities in the country are imported and traders are rejecting the local currency which is rapidly shedding value against major currencies.

More: The Zimbabwe Mail

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback