Zimbabwe’s currency curse continues

Will the multicurrency ban and introduction of a new currency stave off economic collapse?

Date: 2019-11-19

Time: 17:30 to 19:30

Venue: SAPES Trust seminar room, 4 Deary Avenue, Belgravia, Harare

RSVP: Dolence Matabane, Phone: +27 12 346 9500, Email: [email protected]

The economic situation in Zimbabwe continues down a perilous path. In the last 12 months up to eight different policies and laws have been introduced to address the currency crisis. After the multicurrency system was banned, the Zimbabwean dollar was reintroduced as the sole legal tender. Intended to ameliorate the economic crisis and stabilise foreign currency supply and demand, is this move anything more than tinkering on the margins?

The seminar will examine Zimbabwe’s currency crisis and debate the possibility of economic recovery in the short to medium term. Speakers will consider various policy options including the role that South Africa can play in stabilising the situation.

Chair: Dr Ibbo Mandaza, SAPES Trust

Speakers:

Reserve Bank of Zimbabwe (TBC)

Dr Tapiwa Mashakada, Member of Portfolio Committees on Environment, Tourism, Budget and Finance, Parliament of Zimbabwe

Victor Boroma, Economic Analyst, Zimbabwe