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zimdollar

Company challenges USD-Zimdollar ruling

The legal validity of a Supreme Court judgment which converted United States dollar debts to the Zimdollar at a rate of 1:1 in line with Statutory Instrument 33 of 2019, must be tested by a nine-judge panel of the Constitutional Court,…
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ZimDollar stays, insists Mthuli

Finance minister Mthuli Ncube yesterday vowed that government will not take the Zimdollar out of circulation despite pleas by MPs across the political divide that it had brought suffering to Zimbabweans.
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US$-RTGS court ruling challenged

NR Barber, a mining firm, is seeking the Constitutional Court (Concourt)’s permission to challenge last month’s Supreme Court ruling which converted United States dollar debts to the Zimdollar at a rate of 1:1 in line with Statutory…
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Zimdollar falls 42% in a month

The Zimdollar (ZWL$) has devalued by 41,57% to $9,16 against the United States dollar on the official interbank market due to low forex and market confidence, a month after it was reintroduced, analysts have said.
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The new Zimdollar: What could go wrong?

By Ed Stoddard Zimbabwe last week made its interim currency, the RTGS dollar, the country’s sole legal tender, drawing the curtains on a decade of United States dollar dominance. Harare was forced to abandon its own dollar in 2009 and…
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