24 June 2019

Zimbabwe: Shock As Govt Ends Multi-Currency

Photo: Pixabay
(File photo).

Government has ended the multi-currency regime that has been in place since 2009 after announcing that British Pound, United States dollars, South African rand and Botswana Pula are nolonger legal tender in Zimbabwe.

In a Statutory Instrument 142 of 2019, the Minister of Finance and Economic Development Professor Mthuli Ncube said with effect from today the 24th of June, the Zimbabwe Dollar shall be the sole legal tender in all transactions.

More to follow...

Zimbabwe

Grain Marketing Board Maize Monopoly Challenged

Two local businesspeople have approached the High Court seeking the invalidation of Statutory Instrument (SI) 145 of… Read more »

See What Everyone is Watching

More From: 263Chat

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 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.