Sharpe urges delay to Zimbabwe 2030 currency plan
A prominent property developer has publicly urged the Zimbabwean government to reconsider its plan for a mono-currency by 2030. WestProp Holdings Chief Executive Officer Ken Sharpe stated the country is not prepared for such a transition, arguing that successful de-dollarization in other nations took decades. He warned that the current policy has caused financial institutions to halt long-term lending, creating significant obstacles for business expansion and investment.
Sharpe suggested that a market-driven approach, rather than enforced legislation, is necessary for a sustainable currency shift. He recommended removing the statutory instrument that sets the 2030 deadline to restore predictability and trust for investors. The property executive is pursuing ambitious growth for his own company, targeting a multi-billion-dollar valuation by 2050 through large-scale brick production.
