Zimbabwe News and Internet Radio

Brace for Zimdollar return: Mutsvangwa

President Emmerson Mnangagwa’s government will soon reintroduce the Zimbabwean dollar which will be anchored by international goodwill, Special Advisor to the President Chris Mutsvangwa has said.

Christopher Mutsvangwa (centre) speaks during a press conference in Harare. (Photograph: Jekesai Njikizana/AFP/Getty Images)
Christopher Mutsvangwa (centre) speaks during a press conference in Harare. (Photograph: Jekesai Njikizana/AFP/Getty Images)

The revelation comes as economists have called for the bond notes to be demonetised in favour of hard currency borrowed abroad.

Government abandoned the Zimbabwe dollar in 2009 after the currency had been rendered worthless by hyperinflation.

Zimbabwe then introduced bond notes in November last year, which have since vanished from circulation.

“One thing for certain which touched the president’s heart was the issue of re-introducing our own currency; that matter has generated a lot of interest amongst investors from South Africa, China even in the European Union who want to see this country progressing,” Mutsvangwa said on Tuesday during a meet-the-people rally in Manicaland.

“He has the goodwill to do it. That goodwill will give confidence for the re-introduction of our local currency. We will then start to rebuild our country with a stable currency so that we develop as people.” Daily News

  • maboot ozara ne cash

  • Aaaaaaaah

  • It wl be better! We ar so tired wth these so called plastic money

    • Just attend little lessons on commerce to understand how currency matrics work….having the Zim dollar without sound economic policies backed by a 70% all sector production is amount to zero.In our situation the production is on minus scale since no industry is functioning.
      In theory yes but practically very impossible.

    • Kkkkk sure. Own currency is sustained by a sound industry. Thus no importation of basic goods.

  • Hmmmmmmm before renovating industries. Our country was really destroyed by Bob i dont think if that madala was thinking straight normal

  • Cde It Cant, Logcutter, reign in your children first be4 you claim to be mother of Zim, this season v… https://t.co/2Q2NxMk9P4

  • This guy is talking too much chii nhai ngaadzikame mhani is he part of th government ???

    • Yes he is the minister of information and also special adviser to the president..hz gud we love him here in Zim.

    • Taura zvako kuita sekuti ndiye atove spokesman wa ED

    • Ndiye minister of information here hanti hanzi akabviswa here

    • Haasi minister of information and his not a minister but ndi Special Advisor to th President….. I wonder what hez advising iye achitaura zvisinga shandi kudaro

    • Kutoshaya kt zvikumbofamba sei bhora pasi Mr advisor

  • We wait and we wonder-Phil Collins

  • Lets hope it will be valuable!

  • This train is moving too fast.Is the driver sober?

  • Akushanda ku department ripi futi Chris. he shold also find an adviser mface uyu

  • It’s too early to talk about the reintroduction of the Zim dollar.

  • Industries must start working otherwise the money will not survive the black market

  • chine speed chimdhara ichi, dhora haridzoki zvekumhanya serukovo rwamunya huku kuchirugu uko kkkk asi une bond dhora kumba kwako kanhi iwe mdhara

  • nosense nonsense

  • Zimdollar torida chose asi a lot has to be done inorder for it to be sustainable companies should reopen,trade should be free worldwide,farming should be funded.At least we can safely reintroduce ZW$.Ask Gedion he tried to remove the zeros without policy changes within a week the Zeros were packed again

    • Im positive the best will be done to make it a reality. Lets keep the Hope alive.

  • its too early for that bullshit

  • First abolition of bond note and let the USD follow normally and slowly introduce the Zimbabwean dollars

  • Characters like Mutsvangwa should never be allowed in any public office in whatever role. He is an overzealous misguided factionalist who failed as an ambassador

  • Mutidzisire mazinhamba enyu kunge naira kk

  • Chris knows that Zimbabweans will jump and cheer for nothing. We’re already jumping and cheering for policies that are yet implemented.

    • Spot-on Chris is a politician playing w citizens emotions. Zim dollar it’s too early first n foremost our balance of trade is still on the negative. More work need to b dne…….ieconomics dzepiko

    • Kkkkkk Xoli abantu bale confusion vele iZanu pf leyi we are talking about akula lutho vele

    • chris same Ol Zim

  • Bvepfepfe ririkuwanzwa chokwadi muromo hauzarirwi nerwizi why promising n promising . Create jobs first. We are getting more poorer than yesterday because of empty promise

  • Introducing the zim dollar with the economy in comatose is suicidal

  • Since thy said planning i hope their plan will come to effect after many sectors in the economy start showing positive signs of growth

  • Uyu munhu anonzi Mutsvangwa naGire square square havana kana kumbosiyana…river mouth

  • Or thy can do a widely consultation from the general publi, captains of industries, business community and then put together contributions

  • Slow down guys
    Let’s build our economy first

  • Ooooh finish …lets hope i won’t curse the day i marched together with these guyz

  • Am watching you Mr too much talking

  • Mutswangwa ,mrume mukuru kuda zvinhu kunge paperbag,

  • Mwari Huyai… Vanhu venyu….

  • Vanhu farirai mari yenyu,ko $US ndomari yenyu here.

  • Zim situation is like HIV , don’t mess around with it , u will go six feet down if not careful in tackling it, take the proper medication and it will be fine with us

  • Kusurisa MDC imame,magandanga power

  • Zim dollars is the only way to go but first arrest money changers

  • If the president listens to his special adviser the he is doomed .Give Mutsvangwa a mic and he will start hallucinating

  • Zim$ again!!!!?

  • the economic environment is not yet ripe….we need to open as many industries as possible for that rubbish to come back

  • Why introduce Zim dollar wen yr budget not even in bond pure madness iyo

  • AS I WENT THROUGH THE BUDGET I MUST ADMIT IF WELL HANDLED THEN IT WILL WORK OUT. But we EV two things that I taken note of since Independence. Having good ideas but not putting them into good use , we still remain rigid at the same spot. Its like talking g fluent English in a pub yet u are so poor. Everyone will say u are educated but but that will never help u either. Heard of retirements. My suggestion was the president shud EV led by example when he nominated his cabinet. Some members are well near or above that age. He shud EV at least introduce youngsters in that cabinet.

  • We need our currency

  • Magumbo Portia Hanti uyabona owakumatshelayo

  • If he manage to do it that mins he is a leader fo shooooo

  • Kkkkkk ah, tongai Garwe

  • anyone looking fo $US ane Zim Dollar ndibate…50%
    kkkkkkkkkkkkkk

  • I like Ambassador Mutsvangwa he could stand against grace he never boot licked them and wen he talks he talks zvine musoro ✌🏽✌🏽✌🏽

  • Ngaridzoke ,taneta nekudadirwa nevanochinja mari

  • Ko anopiwavanhu mahara ma bearer cheque acho hini !uyuwo wokuba mapant pachimio

  • Heyiii speed yanyangisa pore pore vakuru

  • We appreciate such a move

  • This Mutsvangwa talks too much

  • Too many promises,start acting before we remove u in 2018.Elections around e corner,please dont rig.

  • Distance over time=?Mutsvangwa hold your horse.

  • yowe

    Mmmmmm hahahaha apa pakaipa

  • Yes unless big industrial like zisco steel ;lanciaSteel ;& zimasco plus other big companies comes back from there its a yes zim$ will work but not now maybe Another November December next year from there we will start clapping hands

    • I think it will be a good move. I’d like a situation where the dollar is pegged to the Chinese yuan maybe ¥1:$2

  • ngavaite …..tovadonhedza next year. We cant keep on with clueless stuff

  • Kkkkk haaa Advisor waPresident wavo ma1 chaiwo

  • Makuzvitadza manje, stop it!! Too much propaganda from this the special advisor, ummm. Wy doing a marathon?

  • Advisor ndiye anozoita spokesperson futi here?

  • Hon. Prime Minister Chris Mutsvangwa

  • Ummmm plz wait

  • LOOKING at this crew, you can tell ukuthi kuzaphuma izinto ezingasile emlonyeni yabo

  • Ko cde victor matemadanda vakazipiwa post ipi mugovernment akashanda sitereki murume uyu

  • Kkkk ndoo vakaipwanya vave kuyimutsa …… Hhhhh its funny hey this train is moving to the ryt direction now

  • zimdollar futi kkkkkk

  • Zim dollar ripi racho musahumana imi.

  • Protocol please Mutsvangwa jet speed plus too much water mouth

  • Can someone explain to me who is Mutsvangwa and on whose behalf does he speak and comment

  • its too early guys fix the economy first

  • That will be very very good special for us we are using us dollar and sending us dollar home and bonds note realy killing us back home becourse its not the some and is not with it

  • mutsvangwa anotaurisa weduwee

  • It sounds like good news.We want our own currency.But I got question I would like to ask,people lost their in banks ,others have been saving that money for many years,they should be owning businesses, houses,cars but they lost everything especially diasporas,what govt will do??we want that money to be paid back.

  • Uyu anonyepa

  • Kutonga kwaro

  • I need 4 seatbelts for the potential hit here….

  • kkk comrade you blend well with the camera, chimbo gara uri out of sight https://t.co/MiAF8G3OOU

  • You are planning you down fall don’t experiment with economics

  • Ko Bond nderenyika ipi????

  • Umlomo ongahlalwa mpukane, umlomo kawugcwalelwa mfula, izenzo kungemazwi.. .ngawami lawo

  • Ndaita mari. Dry bones live again!!

  • Same same naGire

  • We can’t take any more of this endless talking vaMutsvangwa.
    “Totenda dzanwa dzaswera nebenzi”
    Action please 🙉😨

  • Zimbabwe

    Any commentary please from the experts cause I’m an ordinary person I don’t know how the zimdollar will be supported

  • Mutsvangwa is too talkative he risks creating tensions in the new system,he should never be 100 metres from mic or any journalist as his hazardous

  • Makurasika comrade dzikamai

  • Urikumhanya too fast, hora pasi

  • Ini hangu pachangu zimdollar handiridi ikozvino dai rambomira

  • Muchati Bhuu

    Kuti Bhuu

  • is it the job of the advisor to make policy pronouncements.?. just wondering

  • Ngaatiudze zvekuti mabasa evana achafambasei zvichaita rini maus aya agara arimuno mombotipa toshandisa tisingaiti mitsetse kuma bank voudza uyu weeconet kuti kumaecocash kurongeke vape vanhu mari dzavo zvisina uvhevhe

  • im looking for Memory Dube,Makombe and Gandanga Gurus

  • Mutsvangwa akuita kunge Grace.ane speed zvenhando.

  • Handiti taifunga kuti tapinda munew zimbabwe

  • People are celebrating kuburitswa basa kwema youth officers bt thy shld not be celebrating.the government shld grow the economy. Budget re4billion idiki

  • Please lets not forget about 2.2 Million jobs. This the same Zanu which promised us that SHIT.

  • This will mark his downfall. Please do it quickly.

  • At e moment Zim is not in a situation to introduce its money. Lets address e factors that affect e value of e currency such as opening industries so that we increase our exports and a lot of other thingz that happen in a normal economy . Mustwangwa shld stop talking abt policies that a supposed to b introduced on stage Z, lets start from A going to Z .

    • This is the fisrst thing to consider a big country without its own money ngapagadzirwe ipapo hatingakundwe nezambia malawi nemaputo

    • The 1st thing is to look 4 investors to open industries . Even if the Zim dollar is introduced now we have nothing to backup our currency . A currency needs to be backed up to get its value . We cannot continue backup the currency using borrowed loans from abroad . Agness Agnes Tinarwo what is e difference in e economy that we had in 2007 to 2008 when we had a Zim dollar and the economy that we have in 2017. To me there is no difference actually, more industries closed in 2015 to 2016. The only shops that are there a grocery shops and those shops opened after 2009 after e introduction the multicurrency . And if e Zim dollar is introduced b4 addressing important issues we will go down further . In summary, we hav nothing to backup our currency e.g the diamonds that we could hav used to backup the currency nothing has come out of them except corruption

    • The 1st thing is to look 4 investors to open industries . Even if the Zim dollar is introduced now we have nothing to backup our currency . A currency needs to be backed up to get its value . We cannot continue backup the currency using borrowed loans from abroad . Agness Agnes Tinarwo what is e difference in e economy that we had in 2007 to 2008 when we had a Zim dollar and the economy that we have in 2017. To me there is no difference actually, more industries closed in 2015 to 2016. The only shops that are there a grocery shops and those shops opened after 2009 after e introduction the multicurrency . And if e Zim dollar is introduced b4 addressing important issues we will go down further . In summary, we hav nothing to backup our currency e.g the diamonds that we could hav used to backup the currency nothing has come out of them except corruption

    • Kusaziva kufaa tshuma …coz hapana kwamunoyeda kana musina your own currency

    • Sibongubuhle Tshuma very true my sista.

  • If we have to brace for it, it aint good

  • …..Anchored by international goodwill”😂😂😂😂 desperate measures.

  • Instead of employing ma green bomber abva atodzingwa

  • Aapw

    So more money to be printed?? eish what a waste from Zim$ to US$ to Bondnotes now backto Zim$ RBZ Governor , Mr. Bondnote is knowhere to be heard of ??…

  • Very good. Itai tione

  • chazobvuma ndanzwa kubva kuna garwe.zva mutsvagwa izvoo anogona kungoti morning iwo a manheru

  • SOME Of you have this negative attitude , the change of political regime is real in Zimbabwe and positive things are coming through .anywhere in common sense who thought Mugabe will go

  • Ngatimboenda kuma elections zvizhinji tozotaura tabvako

  • HAA……..ZANU YAORA.
    These are the real zanu pf hardly hearted hardliners who have been making the life of the people of Zimbabwe so painful.
    They are now about to completely destroy us . Just jumping from being dollarised we can’t just work up making the market be sustained by own currency and moreover we are relying on importing goods.
    They know the pain will only come to us the general mass.
    AN ADMIN NOT OF THE PEOPLE IS AN ADMIN AGAINST THE PEOPLE.

  • Saka isu ma “change money” vane masaga emaBond notes toitasei?

  • In these 6months or what?

  • ‘Chris please stop what you are smoking. Wanza bepa uite fodya shoma pliz. We are getting fed up with your hallucinations

  • Zanu iZanu kana mazogara zventu

  • Dzungu remudharaa uyu randifungidza peter pnocheka mnhu nzeve.papaeu yake ne forwaditis yakawandsa

  • Polika

  • So you mean to freeze our bond accounts ,muite futi zvekutinyudza zvamakaita pama bearer cheque zviye this time will burn that bank r.b.z angasijwayela musi we need 6 months notice to return this plastic to yor banks

  • Ndo Operation Restore Legacy here? KoBond rakasiyana papi neZim dollar… and look how it loses value? Thus a pipe dream guys? Only removing the Zanu pf system would give us our own currency, come 2018 let’s vote out the regime.

  • Should the advisor to the president be the spokesperson too!?

  • Sooner or later it is only right for Zimbabwe to reuse the Zimbabwe. No country can grow using the usd alone. It is to much of a strong currency for little Zimbabwe to use automatic all our products become to expensive for us to trade on the global market. At the end we do export

  • No need to rush. Economy stability first otherwise we will be cutting zeros in no time

  • Introducing Zim dollar soon is economic suicidal, bring the industry into full function so that our l… https://t.co/unILU5yfW5

  • This guy is a loud speaker.shd reduce mawatts

  • Lol zvinorevei izvozvo kkkkk Im not an economist but what will back that currency ? Since we don’t have gold in our reserves

  • Guess who myt not vote for youuuùuuuuu this guyyyyyyýyyy

  • Zimbabwe dollar roda November 2018

  • Chipo

    What is the difference between Zimbabwe dollar and bond?

  • Kkkkk not now plizy

  • Is this guy spokesman or adviser seems he is doing basa risiri rake

  • Adviser uyu akurasisa mumwe kudii kumhanya kunga… bolt soo ma invester anouya cei musina usd check zambia kuti yakazoita cei ne moza us rakazobuda ma factory awo akushanda not zwamakuda kuronga izvo..kurasika uko war vet

  • Was he living in a vacuum. Stead gudo matamba mambishi

  • Sigh

  • Victor Matemadanda true warvet

  • mutsvangwa takutoziva iwe kudarika ED.
    chimbonyararawo,dzikamisa chifuva

  • Finally

  • Mmmm

  • Iiiii shuwa pamari apa tioneiwo. Better kuita mazudha hawo asi tichimawana.

  • Yaaaaah maakufarisa manje. Hazviiti kuti muvhotegwe izvi

  • Rwendo

    Should such matters be the subject of off the cuff remarks and not weighted statements by the Min of Finance or the President himself? Surely things like budget deficits, national debt, export earnings, gold reserves, money printing etc. and not personal “goodwill“ are in the equation for a confidence in any new currency? Loose canon. I predict some problems in the future .

  • Kkkkkkkkkkkkkkkkkkkkk kukampena here a politician is a liar

  • Kkkkkkkkkkkkkkkkkkkkk kukampena here Kkkkkkkkkkkkkkkkkkkkk a politician is a liar

  • Another Gucci in making, Grace Successor

  • Muchazviwanza mukazoshaya chinobatika chamunotiratidza.

  • Hell No!

  • Careless and miscalculated utterances are detrimental to economic extrapolation in wc cases they misfire and cause anarchy and dispondency.

  • Kkkkkkkkkkk True Mr Dube .for sure this train is speeding too much I wonder why ?

  • Kana usina zvekutaura it’s allowed to keep quiet.kana kungoishaya “Asante Sana”zvirinani panekutaura zvinokonzeresa.you’re likely to erode the people ‘s confidence in the financial system. Hazvizobuda zvakanaka.pliz stop it

    • Amen to that
      It’s not even his place to say all that 🙄

  • Here I was thinking advisors are the most trusted members of the president’s professional inner circle. Ndikati pada as the president’s taskmasters & gatekeepers yep yep inofanira kusavepo…..
    Basa haridi hana here iri?

  • Here I was thinking advisors are the most trusted members of the president’s professional inner circle. Ndikati pada as the president’s taskmasters & gatekeepers yep yep inofanira kusavepo…..
    Basa haridi hana here iri?

  • I totally agree with this idea to have our own currency

  • A currency anchored on goodwill? This shows total lack of common sense. ED doesnt buy that.

  • We are heading towards the worst now

  • Back to the printing press, welcome back our zeros 0000000

  • Back to the printing press, welcome back our zeros 0000000

  • I trust this is going to work

  • I trust this is going to work

  • Ummm this man should learn to keep some things to his chest

  • This guy overestimates the goodwill ED enjoys…

  • As long as the behaviour of Zimbabweans does not change forget!!! Overnight millionaires can’t wait to abuse the $ZW. The current RBZ Governor is clueless. We need a Psychologist at the helm of the Central bank. I have always said Zim does not need text book economics but radical changes. For example why not extend operation restore legacy to arrest money changers?They are holding the nation at ransom, as they hold all the cash at the moment. There must be strict supervision of the banks because they are supplying the black market with bond notes. Arrest any bank official found to be doing unorthodox banking activities. The resuscitation of key strategic industries is key before the Introduction of local currency ie Zisco, Dunlop, Merlin, Nat blankets, CSC, NRZ etc. The problem with Mutsvanga is, he thinks speaking good English is the solution and he thinks he is a master tactian.

  • Bring it on. Command economy is vanity. Free market is reality. The opposition shall forever be relevant at this rate.

  • Mutsangwa wll bring ED down fast mark my words. This guy has nothing in that head.

  • ko vaamo kamupower saka kuratidzira uku kuti ” eh takudya bag”…take a perfect look at the image

  • Let it rain

  • Bond note nezimdollar zvimwe chete izvo. Kungochinja pakanzi bond note pongonzi dollars zvongoramba zvakadhakwa kudaro

  • In as much as politics play a major role in the introduction of a currency, I kindly advise that we l… https://t.co/jPyhFBeJpb

  • To prevent speculators from devaluing our currency, the dollar should be pegged to the Chinese Yuan

  • Why not find a different name for the currency to usher in the much needed economic revival?

  • How stupid is this

  • It’s too early. May be only when we have our industry at full throttle. At the moment it will result into hyper inflation.

  • International Goodwill = Confident

  • It’s to early Gentlemen; we need time for this; we are tired of hyper- inflation. we need to rest and decide.

  • Mutsvangwa ndewe kutruster kana zvaitika because hhhhuuuummmm

  • Imbomirai kudzosa zim fake dollar imi mbavha imi..makuda kubira vanhu vakabirwa kare magadzira nyika nxaa

  • Anchored by international good will….really??? Who left the packet of idiots open?

  • The only thing Zimbabwe has in reserve are politicians devoid of any common sense or wisdom. ..