Zimbabwe’s currency crisis worsens

PUBLISHED: Fri, 01 Mar 2019 10:52:21 GMT
Share

Zimbabwe has recently adopted a new currency which is called the Real-Time Gross Settlement dollars. However, there have been a few hiccups along the way. Recent news suggests that South African banks are going to stop supplying Zimbabwe with US dollars amidst fears of being implicated if they found dealing with Harare- based institutions. For more on the Zimbabwean currency crisis CNBC Africa spoke with John Robertson and Independent Economist.

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.