Southern Africa: SA Backs New Zim Currency

17 January 2019

SOUTH Africa's Finance Minister Tito Mboweni has said Zimbabwe is in a good position to adopt a new currency and that the regional giant would support its northern neighbour's efforts towards economic revival.

Mr Mboweni said the use of the United States dollar was untenable given that Zimbabwe was under sanctions, whose removal he said was central to the country's economic recovery.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.