Zimbabwe plans new currency as dollar shortage bites - Finance Minister

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Mthuli Ncube told a town hall meeting late on Friday that a new local currency would be introduced in less than twelve months.

 

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Change the government, not the money!

O O u u

That country has a lot of problems

What Is needed is a stable crypto token. Fixed supply will prevent crazy inflation. Instant money transfer 2 anywhere in the world for close to no fees & without the need for a bank /account. Every transaction verifiable on the blockchain 4 every citizen & yet still remains anon

Cc MadamAfrika

How many times have they changed the currency already?🙄

At least they creating their own currency unlike the 15 former colonies of France who don't even have their own monetary policies in place, Zim has a reserve bank,...

Why don’t they stick with the Zim dollar and scrap out the Rand and other foreign currency?

Maybe they should consider using the Rand.

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Zimbabwe plans new currency as dollar shortage bites: Finance MinisterMthuli Ncube told a townhall meeting late on Friday that a new local currency would be introduced in less than twelve months. It won't be worth the paper it's printed on.. toliet paper probably has a higher value than the zim currency Let's hope that new currency will make the economy of Zim to rise Would it not be cheaper to create a relevant, suitable stamp & use toilet paper, single ply - at least something useful is created, value much probably the same.
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