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Government slams Cross over new currency announcement, Cross defiant

Currency announcement … Eddie Cross says Zimbabwe will have new banknotes in November HARARE – The government on Thursday failed to deny claims by central bank adviser Eddie Cross that a new currency will come into circulation in November. Cross, recently appointed to a newly-established Monetary Policy Committee advising the Reserve Bank of Zimbabwe, told the ZBC on Wednesday that… Read More
Business News 

Zimbabwe to Introduce First Zimbabwe Dollar Notes in November

Zimbabwe will put the first notes of its reintroduced currency into circulation in November, said Eddie Cross, a member of the central bank’s Monetary Policy Committee. Zimbabwe has been chronically short of paper cash, forcing most transactions onto electronic platforms such as mobile-money system Ecocash. “We have insufficient cash in the system to meet people’s needs for transactions,” Cross told… Read More
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