Banking News South Africa

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.
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

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