Phillips Law

REINTRODUCTION OF USE OF FOREIGN CURRENCY IN ZIMBABWE

April 7, 2020 No Comments

By Shamiso Mangwengwende, Associate Foreign currencies have once again become legal tender in Zimbabwe. A few days ago the government gazetted Statutory Instrument 85 of 2020 called the Exchange Control (Exclusive Use of Zimbabwe Dollar for Domestic Transactions) (Amendment) Regulations, 2020 (No. 2). The Statutory Instrument legalised the use of foreign currency for domestic transactions […]