RBZ Falls Deeper Into A Crisis of Confidence
Zimdollar : Renaming Our Poverty
By Mufaro Three years ago Mnangagwa assured “business and the general populace that bond notes are not going to replace the multi-currency basket”. Fast forward to today, trading in any other currency outside the bond note and RTGS is now illegal in Zimbabwe through Statutory Instrument 142 of 2019. RBZ’s policy interventions this week have sent …
The post RBZ Falls Deeper Into A Crisis of Confidence appeared first on Open Parly.
By Wisdom Mumera Initially, the Zimdollar went out without much fanfare. It died a natural death and was mourned by none. It slowly disappeared as the market self-dollarised and the government had to play catch-up by announcing the formal entrance of the multi-currency regime. After the entrance of bond notes, the market has been in …
The post Zimdollar : Renaming Our Poverty appeared first on Open Parly.