FILE PHOTO: Zimbabwe's President Emmerson Mnangagwa speaks during his meeting with Belarussian President Alexander Lukashenko (not pictured) in Minsk, Belarus January 17, 2019. Natalia Fedosenko/Pool via REUTERS
HARARE (Reuters) - Zimbabwe's President Emmerson Mnangagwa said on Tuesday that a decision to ban the use of foreign currencies was an important step to repair the economy, but local business people and investors were wary a day after the reform was announced.
Mnangagwa, who replaced longtime leader Robert Mugabe after an army coup in November 2017, is trying to attract investment and lift growth after a litany of failed economic interventions under his predecessor.
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