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Katondo forex raid pointless    

…Dr Lubinda Haabazoka says clamping down on illegal forex traders would only create anxieties, panic and will not have a positive impact on the economy

By NATION REPORTER

OVERNMENT should consider formalizing the informal trading forex instead of clamping down on foreign exchange traders in Katondo Street because such an action would only achieve the creation of anxiety in the economy, Dr Lubinda Haabazoka has said.  

Dr Haabazoka says illegal forex traders have been fought by successful Governments but had not succeeded and that the best the new dawn government could do was to formalize the trade instead of killing the small businesses.

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