Zim dollar is only legal currency, Emmerson Mnangagwa orders
The pound, US dollar, rand, Botswana pula and any other currency ‘shall no longer be legal tender alongside the Zimbabwe dollar in any transaction
24 June 2019 - 15:55
Zimbabwean President Emmerson Mnangagwa has effectively outlawed the use of a multicurrency payment system, which is seen as an attempt to stop the country's ever-rising black-market exchange rate.
The surprise move comes a few days after Mnangagwa told journalists that the country would have a new currency by March 2020.
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