Former Finance Minister, Tendai Biti has insisted that Mnangagwa’s government intended to introduce a new currency this week. The introduction of a new currency was expected to coincide with the presentation of the Monetary Policy statement by RBZ Governor John Mangudya this week. On his Twitter account, Mr Biti said:

“The regime has been caught with pants down. It is a fact that a new currency has been printed & that negotiations are taking place now with major holders of cash. It is fact that Cabinet has approved new currency despite paternity fight between John & Mutuvi. Now please deny this.”

see both Biti and Gvt Tweets Below