Old Mutual upbeat about currency switch

Old Mutual chief executive officer Samuel Matsekete

OLD Mutual (OM) says it is ready for a currency switch in 2030 when Zimbabwe transitions to a ZiG-anchored mono-currency system, despite market anxiety surrounding the reform.The government has outlined plans to eventually phase out the US$ from transacting locally, despite businesses currently registering over 80 percent of earnings in the greenback.“We believe that we…

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