Home » Business » Tendai Biti speaks on new Zimbabwe Dollar

Tendai Biti speaks on new Zimbabwe Dollar

Former Finance Minister Tendai Biti has claimed that the new Zimbabwe Dollar notes were printed in January this year.

Reserve Bank of Zimbabwe (RBZ) has recently announced that it will reintroduce the Zimbabwean Dollar notes of its currency.

Posting on his twitter handle Biti said, “The madness continues unabated. These notes were printed long back in January 2019 but they couldn’t use them thanks to a twit.Now they are pumping same into a market which thanks to hyperinflation has no use for small units of $2 or $5 .Arbitrage and rent seeking,” said Biti.

About Tania Olgar Satikono

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.


Check Also

Local Company Seeks To Recover US$50k

A local firm, Globe Trot (Private) Limited has petitioned the High Court seeking to recover ...