Zimbabwe tries to tame cash crisis with new money

The Reserve Bank of Zimbabwe intends to introduce "bearer cheques" next week in an attempt to alleviate the desperate shortage of cash in the country. The cheques were printed on banknote paper, looked like banknotes and were as "good as cash", the central bank said.

Source: Sapa AFP

President Robert Mugabe's government broke new economic ground on Wednesday by introducing a form of money that financial experts said had been hitherto unknown - the bearer cheque.

A spokesperson for the Reserve B

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