Home Africa Zambia: Mnangagwa Threatens To Ban US Dollar – Africa Links 24

Zambia: Mnangagwa Threatens To Ban US Dollar – Africa Links 24

Zambia: Mnangagwa Threatens To Ban US Dollar – Africa Links 24

Rédaction Africa Links 24 with Zimeye
Published on 2024-07-05 15:52:37

Mnangagwa Threatens To Ban US Dollar

By Business Reporter- President Emmerson Mnangagwa said the United States dollar would cease to be legal tender in 2023 and would be replaced by ZiG.

This contrasts with Mnangagwa’s announcement in October 2023, when he extended the multicurrency regime by five years until 2030.

That move was seen as an effort to allay growing concerns about looming changes to Zimbabwe’s currency policy.

Speaking in Mutare during the commissioning of a new fruit…

Read the full article on The Zimbabwe Eye

Previous articleKenya: President Ruto Explains Shift to SHIF, Claims Cartels Killed NHIF
Next articleKenya’s Ruto proposes spending cuts after nationwide protests