Paul Nyathi|President Emmerson Mnangagwa says that beginning on Monday, Zimbabweans who are hard pressed for cash will start withdrawing their cash from the banks with no problems at all.

Mnangagwa made the commitment which might soon come back to haunt him while he addressed a so called anti-sanctions rally at Tshovani Stadium in Chiredzi on Saturday.

Further, the President said there is no going back on the ban of the multi-currency system.

He said no country can develop without its own currency.

Said President Mnangagwa at the rally: “Right now people are being pained by the ever increasing prices in shops, it is because we are in a transition. We are transitioning from the low levels and we need to resuscitate our economy. We have no choice but to resuscitate our economy. In that process, we have some people who want to take advantage to profiteer.

“You were not getting money from the banks, but on Monday (tomorrow) we are going to inject more money in the banks until we reach a level where you lose appetite to go and get cash from EcoCash.

“You will simply go to the bank if you have money in your account and withdraw it to buy what you want. Right now, we are told that if you want $100 bond you should transfer $150 into an agent’s account.

“You are losing the other $50 for nothing. This is because there are cash shortages in the banks. We are now injecting money in the banks to correct that.”