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's governing party, ZANU PF, is wrapping up its annual conference, where an extension of President Emmerson Mnangagwa's tenure will likely be endorsed. Retired Journalist and Political Commentator Jealousy Mawarire told Newzroom Afrika that Zanu PF wants to change the constitution and avoid the requirement of going to the people for a referendum. Zanu PF spokesperson, Richard Mahomva responds.
COMMENTS