RBZ dismisses new bond notes claim

The Reserve Bank of Zimbabwe has rubbished social media reports that it had introduced $10, $20 and $50 bond notes, describing the fake news as false and malicious. 

Central bank Governor, Dr John Mangudya, said the social media statements were malicious and dangerous.

There were reports purported to have emanated from the central bank suggesting the Bank was introducing new notes and prohibiting the use of MasterCard, Visa Card and Maestro outside the country.

“These statements are false and should be treated with the contempt they deserve,” Dr Mangudya said.

“The bank dismisses the statements in their entirety as false, irresponsible, mischievous and malicious as neither the Government nor any officer of the Bank has held any such press briefing or made the statements as alleged.”

Dr Mangudya added: “The statements are not only false but dangerous as they are calculated to cause unnecessary anxiety, panic, alarm and despondency within the economy and fuel chaos in the economy by targeting the sensitive financial sector.”

He said the circulation of the false statement was done by retrogressive elements who want to depict the economy in bad light.

“This is quite unfortunate especially given that the economy is on a recovery trajectory which is supported by the good agricultural outturn and the rebound of the mining sector,” Dr Mangudya said. zifmnews.com

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