Speaking during an advocacy meeting on the new Constitution that was organised by the Ministry of Justice, Legal and Parliamentary Affairs in Chiredzi, Vice-President Emmerson Mnangagwa revealed that Government is building gold and diamond reserves to back the re-introduction of the Zim dollar.
We are building reserves of gold and diamonds which if they reach a certain level I will not tell you here, it will then allow us to introduce our own currency that will be backed by those minerals. I am not at liberty to disclose to you the level that we want those minerals to reach before they can back our own currency.
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Emmerson Dambudzo Mnangagwa a politician and the First Secretary of the Zimbabwe African National Union-Patriotic Front. On the 3rd of August 2018 ZEC Chairperson Priscilla Chigumba announced that Mnangagwa had won the popular vote by 50.8% ,hence he was duly elected to be the president... Read More About Emmerson Mnangagwa
Chiredzi is a small town in Masvingo Province, founded in 1961. It is located near the Runde River, which has a tributary called the 'Chiredzi'. As the administrative center for Chiredzi District, it is where both the rural and district councils are based. Read More About Chiredzi