Zimbabwe Informational Site

STREET vendors are turning to cash dealing as the search of the elusive United States dollar continues to intensify, amid growing shortages.

Vendors are now aiming at selling a higher quantity of goods at a cheaper price especially chocolate bars and small packets of chips.

For example, Pascal chocolate bars are being sold for $1 for four against the market price of $0,50 each. A small packet of chips is being sold at $1 for three against a market price of $0,50 per packet.

After the vendor receives the cash in United States dollars they sell it in exchange for bond notes and use it to buy a higher quantity of their goods. If the cash comes in bond notes, they buy dollars and sell it at a higher mark-up to cover the loss made on their product while also including their profit margin.

Selling cash comes with a 20% to 30% mark-up.

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