Categories: Zim Latest

National currency is like National Flag and should not be changed willy-nilly, Mzembi

Exiled former Foreign Affairs Minister Walter Mzembi says a country’s national currency is a national heritage just like National Flag should not be changed willy-nilly.

So a National Anthem, National Flag, National Currency are treated as sovereign heritage and cannot be changed willy nilly, you can change design on currency to reflect what a Nation is celebrating or commemorating but the name remains the same, Zimbabwean Dollar anchored by our resources, Lithium, Gold, Platinum, Uranium etc,” he says.

He adds that there should be a reset in the future so that national currency is treated with respect:

“With all the financial wizardry and engineering at play but no name change or kuchinja mutupo. Anyway it’s water under the bridge. A Reset in the future may deal with this.”

His comments come at the time the country is bracing for a new currency Zimbabwe Gold or ZiG.

Many people are sceptical if this new currency is not going to suffer same fate as others before it.

However, the government is optimistic that the new currency will perform wonders for the country, saying it is backed by gold reserves.

Zwnews

Share
Published by
Muzavazi

Recent Posts

Buying Cars in Harare & South Africa via Beitbridge: A Complete 2025 Guide

Buying a car in South Africa and bringing it into Zimbabwe through Beitbridge has become… Read More

4th December 2025

A New Era Begins — Our Football Coverage Has Moved to Mzansi.com

For years, our platform has been your trusted destination for breaking football news, match updates,… Read More

26th November 2025

Autos.Africa: Connecting Africa’s EV Car Buyers, Exporters, and Dealers in One Automotive Network

Across Africa, vehicle buyers and importers are discovering a new way to connect — through… Read More

5th November 2025

Buy UK, South African and Chinese Vehicles in Lesotho — CarsInLesotho.com Opens Global Access to Quality Cars and Trucks

Cars for sale in Lesotho  are now easily available to consumers with different budgets. Moreover,… Read More

5th November 2025

3 perish, 18 injured in fatal RTA along Harare-Mutare road

The Zimbabwe Republic Police (ZRP) confirms a fatal road traffic accident which occurred on 23/10/25… Read More

24th October 2025

CIO bursts WhatsApp extortion web scam

Zimbabwe's state security agency, Central Intelligence Organisation (CIO) has burst an intricate WhatsApp-based scam through… Read More

24th October 2025