Currency Problems Persist in Zimbabwe

internationalbanker.com

- internationalbanker.com | 4 weeks ago

The government also appears to be facing resistance from opposition parties over the move.

The current MDC leader, Nelson Chamisa, for instance, does not think Mnangagwa’s plans to introduce a new currency is the right move. “The problem that Zimbabwe faces is not currency, it’s politics.

Until we fix our politics, deal with the legitimacy issues and address the fundamentals of the economy, introducing a new currency will not work; it’s about the fundamentals,” Chamisa recently remarked.

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