ZWD will serve as the domestic high-growth asset, while RLUSD serves as the external anchor. The population will hold ZWD to bet on the nation's economic recovery. If restoration successfully stabilizes the country, the ZWD appreciates. This incentivizes the population to hold ZWD, as holding ZWD becomes an investment in national growth.
Zimbabwe has dismissed comments by U.S. Congressman Gregory Meeks, who warned President Emmerson Mnangagwa against extending his tenure beyond constitutional limits. Government spokesperson Nick Mangwana said foreign lawmakers should not interfere in the country’s internal affairs, insisting that it is the will of Zimbabweans that shapes the nation’s future. Meeks’ remarks followed ZANU-PF’s recent conference, where delegates approved a controversial resolution to extend Mnangagwa’s term by two years, to 2030. While the president’s current term is set to end in 2028, the ruling party could push constitutional changes. The proposal has sparked party tensions and domestic opposition, though Mnangagwa insists he respects the constitution.
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