Mthuli Ncube has dismissed reports that there is going to be a new currency contrary to John Mangudya’s statement on the deliberations of the monetary policy committee.

Mthuli Ncube was speaking at the 38th cabinet briefing barely two hours after John Mangudya had issued the statement on the new currency.

Mthuli Ncube says that the government is not going to issue a new currency, it is however going to issue new notes only.

Nick Mangwana had also dismissed the report minutes after the release saying that reporters had misinterpreted the statement.

Many people have interpreted the confusion that is rocking the RBZ and the Ministry of Finance as a sign that the centre no longer holds.