Zim Dollar Re-Introduction Opinion Article Gets Workers Suspended At Prestigious Firm

Accounting and Auditing firm, Grant Thornton has suspended some employees who published an opinion piece criticising the re-introduction of the Zimbabwe Dollar and the suspension of the multi-currency system. The firm said that the piece had been published by the employees without the permission of the partners. The firm wrote,   Statement on an unauthorised […]

WATCH: Mthuli Ncube Speaks On Re-Introduction Of Zim Dollar  & ‘Banning’ Of Foreign Currency

  Finance Minister Mthuli Ncube has said that the de-dollarisation of the economy is a necessity which is outlined in the Transitional Stabilisation Programme (TSP). "Today marks the end of the multi-currency regime and the adoption of a mono-currency regime in favour of a domestic currency" – Minister @MthuliNcube pic.twitter.com/czLNnAVqN4 — Ministry of Information, Publicity […]

“There Is No Law That Requires Prices/Contracts To Be In Legal Tender” – Legal Experts Speak On Zim Dollar & Forex Ban

Parliamentary, legal and civil rights watchdog, Veritas, has written an opinion of SI 142 of 2019 which re-introduced the Zim Dollar and banned all other foreign currencies as legal tender. Below is the legal opinion in its entirety   This morning an important statutory instrument was published in a Government Gazette Extraordinary:  the Reserve Bank […]

Serious Confusion Over Zim Dollar As Minister Says We Await Legal Instrument To Officially De-Dollarise (UPDATED)

  Controversial Deputy Minister of Information, Publicity & Broadcasting Services Energy Mutodi has added confusion to the government’s introduction of the Zim Dollar by saying that the government is awaiting an official legal instrument to official de-dollarise the economy. This comes despite the fact that the government gazetted Statutory Instrument 142 of 2019 which made […]

It’s Not Fake News: Govt Confirms That Zim Dollar Is Back & That Forex Is Now Banned

The Ministry of Information, Publicity and Broadcasting has confirmed that indeed the Zimbabwe Dollar is back and that all other foreign currencies have been banned. The Ministry used its official social media to confirm that the news is indeed legitimate. The Ministry wrote, Government has gazetted SI142 of 2019 known as Zimbabwe (Legal Tender) Regulations. […]

PIC: Ministry Hinted At Introduction Of New Zim Dollar On Sunday

On Sunday the Ministry of Information, Publicity & Broadcasting hinted that the Zimbabwe Dollar was going to be introduced but did not go further. While Finance Minister Mthuli Ncube, Information Minister Monica Mutsvangwa and Information Permanent Secretary Nick Mangwana were having an off the record meeting with journalists, the Information Ministry tweeted, How do you […]

“Prices Are Actually Going Down In US$ Terms” – Mthuli Ncube Infuriates Zimbabweans

  Finance Minister Mthuli Ncube seems to have raised the ire of many Zimbabweans online after he claimed that the prices of basic commodities were actually going down in the country. The minister wrote on his social media page, Prices for basic goods in the consumption basket in Zimbabwe have dropped by an average of […]