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*Zimbabwe needs $800 million to end bank queues says RBZ* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?na Deputy Governor of the Reserve Bank of Zimbabwe (RBZ) Dr Kupukile Mlambo has said that Zimbabwe needs at least $800 million to plug the cash shortages and end bank queues. Speaking in Bulawayo on Thursday last week, Dr Mlambo said ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- > In Zimbabwe, with bank deposits of $6 billion we would need between $600 million and $800 million at any one time then all the queues will disappear. We need to be more productive as a country and increase our exports to generate more foreign currency. > The tobacco sector is one of our biggest earners of foreign currency and as a country that does not have its own currency, our main source of currency is exports. We have put in place incentives to encourage the production of tobacco. More: Chronicle itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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