By A Correspondent- In an interview with a business media outlet, Bloomberg, on the sidelines of the 12th US-Africa Business Summit in Maputo, Mozambique, on Thursday, President Emmerson Mnangagwa said it is necessary that the country has its our own currency since it is presently difficult to determine the level of money supply in the economy.

He said he was optimistic that the country’s GDP would grow looking at the various government interventions in industry, the tourism and agriculture sectors among others.

Said Mnangagwa:

“…And I believe that with the things we are doing in various sectors of the economy — in industry, in tourism, in agriculture and so on and so on — I think that our GDP is going to grow, and I have no doubt that the issue of it being RTGS or not is not critically important. 

But the fact of the matter will be that, you see, wealth creation is in progress. We are having our volumes in platinum going up on a monthly basis; in diamonds, on a daily basis; in chrome, on a daily basis; in other minerals, on a daily basis.

So I don’t see any constraint that will again drive us back, unless we change our policies. For now we are focused on reforming our economy so that we become competitive in the world market . . .”-StateMedia