By Staff Reporter
LOW-cost airline FASTJET says despite the chaos that has bedevilled the Zimbabwe economy in terms of payment and value of the currency, it will still accept payment for booking in multi-currency.
Zimbabwe adopted the multi-currency regime in 2009 following the demise of its currency the Zimdollar which lost value in an unimaginable manner.
However, despite using the multi-currency system, the US dollar has been the dominant figure in the basket that includes, Rand, Pula, Yuan, Pound and others.
The US dollar appears to have disappeared from the market leaving most people to depend on the surrogate currency the Bond Note, Mobile money transfers and RTG among others.
This development has affected many foreign-owned companies which are operating in Zimbabwe with some saying they will now be accepting US dollars only.
In a statement, Fastjet said it will continue to accept payment in the multi-currency although it is in the process of negotiating with Reserve Bank of Zimbabwe with regards to foreign currency issues.
“Fastjet, being the leading carrier in Zimbabwe, is committed to the Zimbabwean economy and will continue accepting multi-currency payments (RTGS, USD, local and international credit cards) for flight bookings in support of the economy.
“As an airline, we incur significant expenses abroad (spare parts, aircraft leases etc) and are actively engaging with the Reserve Bank of Zimbabwe to find a long-term solution that enables Fastjet to export and apply its funds for the further enhancement of its products and services,” said Fastjet.
The company statement added also that “Fastjet will continue in its role as a significant contributor to the national community by efficiently moving people and goods, connecting Zimbabwe domestically and regionally.
“The airline is confident that Zimbabwe will continue its current positive trajectory”.