Prop up reserves — Nyazema urges

CBZ CEO Lawrence Nyazema

THE central bank should commit to saving “at least a billion a year” to achieve six months of import cover by 2030, and ensure the ZiG’s long-term viability, CBZ Holdings chief executive, Lawrence Nyazema, has said.This comes as the government has committed to transitioning from a multicurrency system to a ZiG-anchored mono-currency regime by 2030.“……

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