Yesterday the governor of the Reserve Bank of Zimbabwe delivered his first Monetary Policy Statement of 2019. This was one of the most awaited statements to date. That in itself is a tell tale sign of where we are in our economy, the last time a monetary policy statement delivery stopped every show in Zimbabwe was in the days of Gideon Gono at the helm of the RBZ and we all know why it was so.
The policy announced yesterday lived up to its billing. It addressed the one issue that has been an elephant in the room since 2016: the crisis of currency. Below is a visual of our take on the policy: