The Zimbabwe dollar is here to stay and there is already stronger demand for the local currency, Reserve Bank of Zimbabwe deputy governor Jesimen Chipika said. There has been chaos,…
Tag: US dollar
Zimbabwe government doctors threaten to go on strike on Tuesday
Zimbabwe’s government doctors have threatened to go on strike on Tuesday next week if the government does not pay their salaries in United States dollars. Zimbabwe reintroduced the Zimbabwe dollar…
Zimbabwe to issue cash notes soon
Zimbabwe will issue new notes and coins soon to replace the country’s quasi currency that was introduced three years ago in a failed attempt to counter a crippling shortage of…
IMF warns Zimbabwe against pay hike for civil servants
The International Monetary Fund’s resident representative in Zimbabwe has warned the government against boosting wages for state workers after the introduction of a new currency pushed up inflation and reduced…