With hyperinflation raging and cash shortages
becoming a fixture of the economy, the Reserve Bank of Zimbabwe is expected to issue new bank notes in higher
denominations this week ahead of what may be somewhat less than a festive season this year.
The central bank said it will start delivering notes in denominations of Z$100,0000, Z$500,000 and Z$1 million. It said it will review cash withdrawal limits while encouraging consumers and businesses to use alternative payment methods.
But economist Prosper Chitambara told reporter Jonga Kandemiiri that without a stable political framework, the economy will remain in freefall and so will the currency.