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Zimbabwe: Adopt rand now - Terrence Mukupe

Zimbabwe should adopt the South African rand as its official currency on an interim basis as a way of stabilising the economy, Deputy Finance Minister Terrence Mukupe has said.

25 Apr 2018

Zimbabwe: Adopt rand now - Terrence Mukupe

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This also comes as the country’s liquidity position remains tight and there have been desperate calls by various stakeholders such as industrial bodies for a solution to the chronic issue or problem, which President Emmerson Mnangagwa has tried to cure by implementing a number of policies including attracting foreign investments.

Source: allAfrica

AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 2000 news and information items daily from over 130 African news organisations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Lagos, Monrovia, Nairobi and Washington DC.

Go to: http://allafrica.com/