WATCH: President Mnangagwa Says RTGS$ Is Too Strong & Should Be Devalued

President Emmerson Mnangagwa was speaking in a wide-ranging interview on Capitalk 100.4 FM on Friday night.

He said the local currency, the RTGS$ is the strongest currency in the SADC region and makes Zimbabwe’s exports unnecessarily expensive.

Quick NetOne, Telecel, Africom, And Econet Airtime Recharge

If anything goes wrong, click here to enter your query.

Emmerson MnangagwaRTGS

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

Real-time Gross Settlement (RTGS) is a fund transfer system where the transfer of money takes place from one bank to any other bank on a "real time" and on a gross basis. Settlement in "real time" means a payment transaction is not subjected to any... Read More About RTGS


Back to top

3 comments on “WATCH: President Mnangagwa Says RTGS$ Is Too Strong & Should Be Devalued

  1. People’s salaries were pegged in USD but u continue to devalue this useless bond paper without consideration of workers salaries. U such devils u Zanu pf people.

Write a Comment

Your email address will not be published.