Zimbabwe�s multi-currency confusion

No Image

Once known for its billion dollar notes and hyper-inflation, Zimbabwe must be the only place in the world to have eight currencies as legal tender - none of them its own.

For the last five years most people have been using US dollars or South African rand, but pula from Botswana and British pound sterling have also been changing hands.

Now the central bank is also allowing the use of Australian dollars, Chinese yuan, Indian rupees and Japanese yen.

Editor's Comment
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

Have a Story? Send Us a tip
arrow up