Home Africa Zambia: Mnangagwa Signals Intention To Abandon US Dollar – Africa Links 24

Zambia: Mnangagwa Signals Intention To Abandon US Dollar – Africa Links 24

Zambia: Mnangagwa Signals Intention To Abandon US Dollar – Africa Links 24

Rédaction Africa Links 24 with Zimeye
Published on 2024-09-26 12:55:00

Mnangagwa Signals Intention To Abandon US Dollar

By A Correspondent

In a notable development, Zimbabwean government spokesperson Nick Mangwana has suggested that the country may soon abandon the US dollar in favour of ZiG.

His comments, made in a post on X (formerly Twitter) on Tuesday, reflect a growing trend among African nations to distance themselves from the US dollar.

Mangwana highlighted the exchange rates of the US dollar against several African currencies, stating: “1 USD =…

Read the full article on The Zimbabwe Eye

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