MPs Demand Explanation From Mthuli, Mangudya On Banknotes Saga
Parliament says Finance and Economic Development Minister Mthuli Ncube and Reserve Bank of Zimbabwe (RBZ) governor John Mangudya should explain to the House next week issues to do with the leaking of banknotes to the black market.
Right now people are not taking their money into the banks because of this current behaviour. So we hope that the Minister comes here to give us a statement as to what happened.Feedback
Earlier this week, banknotes flooded the black market immediately after release and this has been a recurring phenomenon whereby streets are awash with cash whilst there is nothing in the banking halls.
Pictures of individuals with loads of newly-released banknotes went viral on social media with observers suspecting the high-placed officials are involved in the illicit cash business.
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