By Paul Nyathi|Finance Minister Mthuli Ncube may be riding on cloud nine hoping that by introducing over ZWL$30 million of the new currency he has solved the cash shortage situation in the country and consequently killing the black market foreign currency exchange schemes, but the move may just come back to haunt him.

With just two days of the currency being introduced, the money has landed in the hands of black market foreign currency dealers who appear to have more of it than the formal banking system. How this has happened boggles the mind.

Zimbabweans finally got some access to new low-denomination currency on Tuesday, but banks maintained an existing weekly withdrawal limit of $20, while the Reserve Bank assures that the withdrawal limit is $300 per week.

As the Banks struggle with the currency issuing coins to depositors, the black market is flooding with the a combination of both the new currency notes and the old Bond Notes.

Perhaps in his move to release the money, Mthuli Ncube forgot that the flourishing black market was also faced with a shortage of the loyal currency and they have since hijacked all of it back into their system, certainly with clandestine help from elements within the central bank.