Mnangagwa explains why Zimbabwe did not adopt the rand

United States News News

Mnangagwa explains why Zimbabwe did not adopt the rand
United States Latest News,United States Headlines
  • 📰 eNCA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Zimbabwe recently introduced a new currency.

File: President Cyril Ramaphosa meets with Zimbabwe President Emmerson Mnangagwa on the margins of the second day of the 32nd Ordinary Session of the Assembly of African in Ethiopia.

In 2016, the country tried to tackle the chronic shortage of US banknotes by introducing a parallel token currency called"bond notes", which was meant to be worth the same as a US dollar. But the bond notes were in reality worth less than the green back.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

eNCA /  🏆 49. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why not everyone can just dive into a relationship head firstBefore Paige Nick can tell if someone's 'the one', she needs to see how they deal with the end of a milk carton
Read more »

Rand firmer but volatility picks up as risks loomThe rand firmed amid a mixed performance by its emerging-market peers on Friday afternoon, but may ‘wander aimlessly' on global risk sentiment’
Read more »

Liam Neeson tried to explain race outburst to 'Men in Black' co-star Tessa ThompsonLiam Neeson tried to explain race outburst to 'Men in Black' co-star Tessa Thompson'Men in Black' actress Tessa Thompson said she 'appreciates the bravery' of her co-star Liam Neeson in facing up to his racist feelings in the past.
Read more »

After Echo: 'Why the study results scare me'After Echo: 'Why the study results scare me'The world has finally answered a decades' old question about birth control and HIV risk. What happens now? Find out via Bhekisisa_MG EchoResults SAAIDS2019
Read more »

I am doing it for my dad – Lungi NgidiI am doing it for my dad – Lungi Ngidi'Everything I do, I try to make him proud wherever he is. He would tell me that as long as I do my best that’s all that matters.'
Read more »

Anger as Christchurch mosque accused pleads not guiltyAnger as Christchurch mosque accused pleads not guiltyThe man accused of shooting dead 51 Muslim worshippers in the Christchurch mosque attacks smiled as his lawyers entered not guilty pleas.
Read more »



Render Time: 2025-03-07 02:32:40