bond notes

The Reserve Bank of Zimbabwe (RBZ) said it is “well on track” to unveil the bond notes in October, despite public resistance.
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By Fadzayi Mahere We have to reject these bond notes. To do otherwise would be to inflict harm on ourselves. The Reserve Bank of Zimbabwe does not deserve our trust or our confidence in view of the fact that, complicit with the banks,…
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By Professor Welshman Ncube The most damning character of human behavior is the inability to learn from history. And yet one of the things we are taught very early on in life is the saying: ‘Once beaten twice shy’. We are so dogmatic –…
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By Tatenda Dewa | Harare Bureau | The Reserve Bank of Zimbabwe (RBZ) move to force major cash handlers to bank money on a daily basis to improve deposits will face resistance, economic analysts have said. Finance minister, Patrick…
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By MacDonald Dzirutwe President Robert Mugabe said on Thursday the introduction of local bank notes by the central bank later this year, which he called a "surrogate currency", would help prevent foreigners taking greenbacks out of the…
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By Takura Zhangazha Currently there is a familiar sense of panic in the major capitals of Zimbabwe. It has been induced largely by the announcement by the governor of the reserve bank that by October 2016, government shall introduce bond…
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The Zimbabwean government is set to import more foreign currency to ease a biting liquidity crunch as it awaits the introduction of bond notes in August.
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