Government has dismissed claims that bond notes will soon be phased out, saying there are lot of fundamentals that need to be put in place before the country can do away with the surrogate currency, introduced in 2016 to contain a threatening cash crisis. This follows
Zimbabwe Congress of Trade Unions (ZCTU) young workers have called on the government to introduce 'Operation Restore Purchasing Power' to deal with unending price increases of basic commodities in the country. In an interview with 263Chat, Zimbabwe Congress of Trade Union (ZCTU) National Young Workers Union,
According to statistics produced by the World Bank, Zimbabwe’s growth rate will decline from 2.3% in 2017 to 1.8% in 2018.
FIVE Harare residents who allegedly protested against the introduction of bond notes are currently undergoing trial after they were accused of destroying property during a demonstration held in the capital city last year. The five namely Costa Zvokusekwa, Pfungwa Gunda, Freddy Muchavanhuwa, Tendai Marimo and Rodrick
Reserve Bank of Zimbabwe's move to pay an export incentive scheme financed through bond notes seems to be paying dividends with the country recording a 10 and 17 percent rise in tobacco farming and gold production respectively. In his 2017 Monitory Policy Statement released on Wednesday,
The current cash crunch hitting Zimbabwe has severely affected parents’ back to school preparations, a snap survey by 263 Chat has revealed. Parents said they could not access funds from the banks in time and that has resulted in them sending children back to school without
As I prepared for my Christmas vacation in the rural town of Zvimba, I had many thoughts lingering in my mind. For the first in my life, I was able to earn a decent salary and I had purchased a few groceries for my grandmother, so
The generality of Zimbabweans, eagerly waiting for an end to the cash crisis hitting the country since July have been left disappointed after President Robert Mugabe ignored the issue in his state of the nation address in parliament on Tuesday. The central bank introduced bond notes
MUTARE- Mutare residents have expressed mixed views on the recently introduced bond notes amid concern that 200 000 youths have been deployed to force people to accept and adopt the surrogate currency. Making their submissions to the parliamentary portfolio committee on Budget, Finance and Economic Development
Zimbabweans have reacted differently to Bond Notes, introduced on the on Monday with some expressing fear that the move could be signal a return to the 2008 era when inflation reached a record high of 100 trillion percent. In a survey conducted by 263Chat in the
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