New Zimbabwe currency to get SA rand peg

Zimbabwe is considering pegging its mooted new currency- which Finance Minister Mthuli Ncube says will be introduced this year against the SA rand.

The move which is apparently one of several proposals on the table that the authorities are considering seriously would please local industry to no-end should it see the light of day- as manufacturers have consistently agitated for the adoption of rand as Zimbabwe's interim trading currency.

More to follow...