Hi there, yes travellers cheques are quite acceptable in Zimbabwe. Do not carry cash, and keep only small quantities of money on you. Must say never heard of the Amadeus Garden Hotel??? Perhaps you are talking of the Zambian side, but the same goes for Zambia. If you are tempted to change money on the black market, be very careful. Have a good time.
It depends what you're paying for: traveler's cheques won't work for small things like taxi rides, meals in cheap restaurants, a bottle of water, etc., so you should carry a small amount of currency--and "small" is fine, as everything is so cheap there.
I found I was able to pay for things--particularly at the curio market across from the Falls--in the dribs and drabs of currency I had left from a long trip through Southern Africa: pula, Namibian dollars, and rand as well as USD, ballpoint pens, flip-flops...almost anything but Zim :-)
In my experience, US dollars cash were the best option in Africa. Travelers checks and credit cards *might* be accepted at the big tourist hotels and activities but should not be relied on. Put the money all over the place in your stuff and on your person so if you are getting robbed, you can give them just a little bit.
you will get a very low rate when exchanging travelers checks, if you can find anyone to actually do it. Cash is king in Zimbabwe, doesn't matter if it's dollars or pounds. I would not rely on travelers checks.
I'd recommend USD in small denominations, or SA Rand in small denominations. When I ran out of USD and tried to use sterling I got some blank stares...
Definitely agree with Dennis (Matnikstym) -- don't bother with travellers' cheques (in general, I think that they're not worth the hassle and poor exchange rate in Africa unless you're doing a six-month trip in areas where you won't have access to ATMs).
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