By Own Correspondent- Professor Jonathan Moyo has warned that just like in 2009, the multi currency system cannot be wished away through a statutory instrument but the recent forex ban spells disaster for the current government.

In a series of tweets, Prof Moyo said S1 142 was self destructing and would mark the end of President Emmerson Mnangagwa’s reign.

Said Moyo:

“Just like government’s recognition of the multi currency system in January 2009 was a mere formality, since it had already rolled itself out on the ground, the latest self dollarisation is similarly so deep and wide on the ground that it cannot be stopped by a mere statutory instrument.

The self destruction is breath taking. One does not have to be a rocket scientist to see that the multi currency system will stay and the government will go. There are no two ways about it!”