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Zimbabwe: Govt Scraps Multi-Currency System, Now Illegal to Use U.S.$
New Zimbabwe, 24 June 2019
GOVERNMENT has, with immediate effect, scrapped the multi-currency system in place since 2009 and further criminalised its use alongside the local RTGS$ recently announced as a… Read more »
It's Illegal to use the U.S. Dollar, Says Zimbabwe Govt
"With effect from the 24th June, 2019, the British pound, United States dollar, South African rand, Botswana pula and any other foreign currency whatsoever shall no longer be legal tender alongside the Zimbabwe dollar in any transactions in Zimbabwe," this was announced in an extraordinary government gazette by Finance Minister Mthuli Ncube.
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Zimbabwe: Shock As Govt Ends Multi-Currency
263Chat, 24 June 2019
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… Read more »
InFocus
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The Zimbabwe government is working on modalities to introduce a new currency, which will be the sole legal tender for domestic transactions, within the next nine months, President ... Read more »
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Some service stations are charging for fuel in U.S. dollars only to cushion themselves against a weakening local currency - despite a directive from the government that they should ... Read more »
