President Emmerson Mnangagwa has met bankers, captains of
industry and commerce among other guests at State House this morning.
In his opening remarks, President Mnangagwa said the
multi-currency system is here to stay, adding that RTGS balances and bond notes
are safe as monetary instruments.
“All your RTGS balances at the bank and bond notes in
circulation are safe and secure. There should be no pressure to exchange or
offload these balances as government policy has not changed to warrant such
anxiety.
“I am advised that some manufacturers have been holding
back products from retailers. This, if true, is regrettable. Do not persuade me
to visit you,” said President Mnangagwa.
The President said he is fully aware of what is going on in
the country, adding that as government they do listen to the banking sector.
“Government is working day and night to stabilise the
economy…,” he said.
He said the financial sector is highly sensitive and
thrives on highest levels of trust.
After his remarks, the meeting went into a closed door
session. zbc
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