Statutory Instrument 142 of 2019
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RBZ Governor Mangudya clarifies Statutory Instrument 142 of 2019
By NANGO The National Association of Non Governmental Organisations (NANGO) Board Chairperson, Ronika Mumbire, led a delegation that met the Governor of the Reserve Bank, Dr. J. P. Mangudya, on the 17th of July 2019. The objective of the engagement was to seek clarity on Statutory Instrument (SI) 142 of 2019 and the subsequent RBZ Directives.…
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Socioeconomic Implications of the Monetary Policy Measures – Statutory Instrument (SI) 142/2019
By ZIMCODD On 24 June 2019, the government abolished the 10-year-old multi-currency regime in the country making the Zimbabwe dollar the sole legal tender. The Zimbabwe Coalition on Debt and Development (ZIMCODD) bemoans the apparent policy inconsistency and premature knee jerk reaction. The need for a local sovereign currency is not disputed, however the government…