
Through Statutory Instrument 142 of 2019, Government
announced that it was abandoning the multiple currency regime.
The move was meant to save Zimbabweans who had been
disenfranchised by businesses pricing in foreign currency, especially the
United States dollar.
Mupanga is, however, seeking an order declaring the legal
instrument null and void. He argues that the law was in conflict with the
Reserve Bank of Zimbabwe Act.
Mupanga contends that the law was in contravention of
Section 134 of the Constitution of Zimbabwe. He wants the court to rule that
the decision scrapping the multi-currency system in Zimbabwe is grossly
unreasonable.
“The decision by the respondents to ban the multi-currency
system in Zimbabwe prescribed by Section 44A of the Reserve Bank of Zimbabwe
Act Chapter 22:15 as legal tender is grossly unreasonable,” Mupanga argues in
his papers.
The High Court is yet to set down the matter for hearing.
Herald
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