Govt blitz as traders dump Zimdollar

THE Consumer Protection Commission together with the police and the Financial Intelligence Unit has launched a blitz on businesses refusing to accept the Zimdollar following the launch of a new currency last week.

But observers said the blitz was an “exercise in futility” after the central bank postponed the rollout of the new currency.

Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu last Friday introduced a new currency, Zimbabwe Gold (ZiG).

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