Zimbabwe's new currency on the way

Zimbabwe's new currency on the way
Published: 26 June 2019 (160 Views)
GOVERNMENT is still working on a new currency that will be introduced into the market, a Cabinet Minister said Wednesday.

Acting Finance Minister Sithembiso Nyoni told a post-Cabinet media briefing in Harare that while the RTGS$ and bond notes are currently legal tender for all domestic transactions as pronounced by government early this week through Statutory Instrument (SI) 142 of 2019, government is working on the modalities of a proper currency.

"The Minister of Finance (Mthuli Ncube) has announced that we are going to have (a currency). In fact the President (Emmerson Mnangagwa) did announce when he was in Harare South (constituency) that we are working on having our own currency. We are working towards that," said Nyoni.

- newzimbawe

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