President Emmerson Mnangagwa — who has vowed to revive the country after the Mugabe era — said in a statement that there is no need for confusion and for Zimbabwe’s economy to truly take off, it needs its own currency.

He added that foreign currencies had left the country at the mercy of US dollar pricing which fueled inflation.

However, his political opponents believe the public will not trust the new currency.

“The government wants to introduce the Zim dollar to pay civil servants and its restive army. All this is a damp squib,” Tapiwa Mashakada, MDC’s secretary for policy and research, told journalists.