Last updated on September 11th, 2021 at 03:13 pm
The Minister of Finance speaking at the Zimpapers breakfast meeting on Friday said it would take time to reach the de-dollarisation target as very few economies had successfully de-dollarised, the Herald reports.
The treasury boss according to the publication said:
We are in a transition but the trick to de-link from the United States dollar is exchange rate stability. If we can keep the exchange rate stable for six months to a year, it can help us de-link
Zimbabwe banned the multi-currency system on 24 June 2019 in favour of the mono currency and has since introduced new notes to work concurrently with the quasi currency that was introduced in 2016.
A group called Progressive Forces in South Africa has launched a petition against MissUniverse Nigeria Chidimma Adetshina, with the aim…
Mauritius on Saturday overruled its decision to prohibit social media until the election onNovember 10th which was caused by a…
The UAE’s Crown Prince of Abu Dhabi, His Highness Sheikh Khaled bin Mohamed bin Zayed AlNahyan was in Addis Ababa…
Gilbert Machokoto, a former teacher, said that setting up a business in the late 1980s, shortlyafter Zimbabwe's independence, was ‘like…
Following elections in which the party that had ruled the diamond-rich nation for almost 60years suffered a historic setback. Botswana's…
A lightning strike at a refugee camp in Uganda kills 14 people including children with 34 othershospitalized. The incident happened…
This website uses cookies.