Matabeleland fueling cash crisis, says RBZ

Reserve Bank of Zimbabwe (RBZ) John Mangudya has claimed that Matabeleland region is fueling bitting cash crisis.

Addressing a meeting organise by Roman Catholic Church today, the central bank boss said they are now importing more US dollar because the rand is no longer popular on the region.

"In the southern region they used to use more of South African Rand but they are now using US dollars so it means where we used to import $20 million a month, we are now importing $40 million because there has been a shift from the Rands to the US dollar."