Air Zimbabwe to charge in foreign currency

The Minister of Transport and Communications has finally given the country’s beleaguered airline, Air Zimbabwe, permission to charge fares in foreign currency, a measure previously denounced by the government. Air Zimbabwe this week announced that it would start charging air fares in US dollars, although passengers buying tickets in local currency would be charged using the prevailing interbank exchange rate.

The prevailing interbank rate is 99 201 000 to the US dollar.

“Please be advised that effective 20 March 2006 all Air Zimbabwe fares will be denominated in US dollars,” Air Zimbabwe said in a statement.