Eight years ago, members of the Zion Christian Church led by Bishop Nehemiah Mutendi prophesised that once their mammoth temple, which was built at their headquarters at Mbungo, was completed, the Zimbabwe dollar would be back and would be stronger than the regional currencies.
The Zimbabwe dollar had not yet been abandoned but had been trashed and was worthless.
The bond note, which has all the hallmarks of a local currency, is trading at one to one with the United States dollar, though there are concerted efforts to trash it.
Mashakada could therefore be right. The Zimbabwe dollar might be on its way back, but it will be stronger than or will compete with the regional currencies which some, including MDC-T leader Tsvangirai, say Zimbabwe must adopt.
Ed: The writer is a member of the Zion Christian Church but wrote about the return of the Zimbabwe dollar in the Financial Gazette which he once worked for more than seven years ago.
See related stories:
New church may have answer to Zimbabwe’s woes
Church with answers to Zimbabwe’s problems completed
Mugabe to officially open church with answers to Zimbabwe’s problems
The incredible untold story about Mugabe’s survival
(489 VIEWS)
This post was last modified on December 4, 2016 2:07 pm
Page: 1 2
The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the…
Zimbabwe’s new currency today fell against the United States for the first time since its…
Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market…
One bane of recent public discourse in Zimbabwe is not only that it is never…
Zimbabwe’s new currency kicked off its third week on a stronger note raising questions as…
Zimbabwe Finance Minister Mthuli Ncube is asking the US government to tell banks that they…
View Comments