ED’S RTGS DOLLAR TO LAST FOR SIX MONTHS

PRESIDENT Emmerson Mnangagwa, using the Presidential (Temporary Measures) Powers Act, introduced a virtual currency, the real-time gross settlement systems (RTGS) dollar, which will remain legal tender for six months if it’s not made substantive through an Act of Parliament. The Presidential Powers (Temporary Measures) allow the President to introduce legally binding laws in an emergency