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Zimbabwe is today (Wednesday) starting to circulate a new 50 Zimbabwe dollar note. According to the central bank governor about 4-point-2 million dollars, worth of new notes would be injected immediately into the banking system, making it easier for Zimbabweans to use cash in day-to-day transactions. Zimbabwe reintroduced its own currency, the Zimbabwe dollar in June 2019, ending a decade of dollarisation. Is this a sign that the economy is improving? To help us answer this question, we are joined on the line by…
Guest: Vince Musewe – Independent Zimbabwean Economist
By SAfmZimbabwe is today (Wednesday) starting to circulate a new 50 Zimbabwe dollar note. According to the central bank governor about 4-point-2 million dollars, worth of new notes would be injected immediately into the banking system, making it easier for Zimbabweans to use cash in day-to-day transactions. Zimbabwe reintroduced its own currency, the Zimbabwe dollar in June 2019, ending a decade of dollarisation. Is this a sign that the economy is improving? To help us answer this question, we are joined on the line by…
Guest: Vince Musewe – Independent Zimbabwean Economist