Here’s why the Zim dollar is still not favoured amongst locals

PUBLISHED: Tue, 07 Jan 2020 10:55:38 GMT


Since the introduction of the Zimbabwean dollar locals have instead preferred to trade in the South African rand and U.S dollar, Morgan & Co believe that the Zimbabwean dollar was initiated at the wrong time and is not contributing to economic growth. Batanai Matsika, Head of Research at Morgan & Co joins CNBC Africa for more.

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