South Africa has intervened on the Zimbabwe economic and political crisis and strongly advised the Zimbabwean government to use the rand as...
South Africa has intervened on the Zimbabwe economic and political crisis and strongly advised the Zimbabwean government to use the rand as its primary trading currency instead of the bond notes.
This follows bold admissions by the Zimbabwe treasury and Zimbabwe business community at large that this is the ONLY available solution to the Zimbabwe economic and political crisis.
There is serious shortage of the greenback in the country and long ques in the banks has been the order of the day. Sources said that government have agreed to the offer and modalities are being speedily worked out to effect the use of the rand in Zimbabwe as soon as possible.
Zimbabweans will join the Rand Monetary Union (RMU)and This comes as a great relief to all Zimbabweans who were lamenting day in night out.
During the two day official state visit mr Zuma and his business delegation managed to convince the Zim government that the RMU was the only way out of the current crises.
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| BOND NOTES NOT COMING - Rand To Replace The US Dollar As ZIMBABWE`S PRIMARY CURRENCY |
During the two day official state visit mr Zuma and his business delegation managed to convince the Zim government that the RMU was the only way out of the current crises.
The two Southern African Presidents had a lengthy one on one meeting and it is understood the two used this meeting to cool off after a square off during the AU summit. www.viralnews24.co.uk
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