Home Politics WATCH:New Currency By December: President Mnangagwa

WATCH:New Currency By December: President Mnangagwa [Updated]

President Emmerson Mnangagwa has dropped yet another bombshell, that Zimbabwe will have its own currency by year-end.

According to the ZBC the president made these remarks whilst addressing a rally in Southlea Park, Harare south this morning.

He also added that the multi-currency system is problematic because it has a negative effect on the value of the local RTGS Dollar, which has been on a downward spiral.

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This confirms Finance Minister Mthuli Ncube’s statements made earlier this year in January, that the government would introduce a new currency by stealth within the next 12 months as part of its currency reforms

 

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