Why this economist thinks Zim’s foreign currency ban is a premature move

PUBLISHED: Thu, 27 Jun 2019 15:14:02 GMT
Share

In the battle of Zimbabwe versus the world, foreign currencies have been banned for all local transactions. The announcement made by Finance Minister Mthuli Ncube officially put an end to Zimbabwe’s multiple currency regime. Who stands to gain or lose the most? Economist, John Robertson joins CNBC Africa for more.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.