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| Africa Subsaharan |
| Zimbabwe: Minister Chimene Threatens Asian Business Community |
| 2017-10-31 |
| [All Africa] Manicaland provincial minister Mandi Chimene has warned Asian businesses refusing to install Point of Sales (POS) machines in their shops, saying "their days of operating in the province are numbered". Chimene said she was "very cross and very disappointed" with what she described as Indian "money barons". She was speaking on the side-lines of a workshop to discuss ZimAsset II and Sustainable Development Goals (SDGs) organised by the Ministry of Macro Economic and Investment. "I am making this clear today that if the Indians don't want to adopt the new cashless (payment) system by providing swiping machines they should close shop," said Chimene. The minister also hit out at the local the Asian community for snubbing the business forum which she said was meant to discuss developmental projects being initiated by the government to stimulate economic growth. "They own quite a number of businesses, but their absence speaks volumes. They own three quarters of businesses in the city but surprisingly they don't attend these development forums. |
| Posted by:Fred |
| #3 Cashless also means that inflation can be built in automatically. The prices can change and payments sucked up at a prodigious speed. Coming soon to a California near you. |
| Posted by: AlanC 2017-10-31 09:31 |
| #2 Cashless means the government can tax them on every penny. That's why they want the machines there. |
| Posted by: Herb McCoy7309 2017-10-31 07:34 |
| #1 Asian is a big word - In ZimBobLand does it include the Chinese who bankroll him? |
| Posted by: 3dc 2017-10-31 01:35 |