Farai Dziva|Finance Minister, Mthuli Ncube has literally conceded failure to solve the nagging economic crisis in Zimbabwe.

Mthuli Ncube told a daily publication the stabilisation of the Zimbabwe dollar would take two years.

“I think (it will take) a minimum of two years (to stabilise) because we have to make sure that the domestic currency can retain value.

It is about to make sure that the domestic currency is very stable and retain value and build confidence on it and then the pricing moves away from US dollar pricing,” said Mthuli Ncube.

Zimbabwe outlawed the use of all foreign currencies for domestic transactions on the 24th of June this year at the same time reintroducing the Zimbabwe dollar, putting an end to the multicurrency regime the country adopted a decade ago.