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Zimbabwe should introduce a domestic currency - Zanu-PF

by Moyo Roy
12 Dec 2011 at 06:07hrs | Views
Government should introduce a domestic currency that should run concurrently with the multiple currencies to ease challenges, Zanu-PF resolved at its 12th Annual National People's Conference.

Zanu-PF secretary for legal affairs Emmerson Mnangagwa said the conference also resolved that "all the proceeds of mining should be banked in Zimbabwe to increase the availability of funding for local companies.

The party directed government to stop the practice where banks divert deposits to offshore bank accounts where the money is used to fund foreign companies."

The party also resolved that all beneficiaries of the land reform programme who were leasing farms to white former commercial farmers be penalised.

"The conference resolved to direct the Government to withdraw offer letters given to people leasing land to white former commercial farmers," he said.


Source - Byo24News
More on: #Currency, #Zanu-PF