For the past three months or so, central bank authorities have been advancing efforts to introduce bond notes, which they admit is not money that can be used elsewhere across borders. Their chief motive is to encourage exports by easing cash shortages within the multi-currency
ZIMBABWE Lawyers for Human Rights (ZLHR) on Monday 14 November 2016 filed an application in the High Court seeking an order to set aside a law promulgated by President Robert Mugabe proclaiming the introduction of bond notes. On October 31 2016, President Mugabe, through an extraordinary
Civic organisations in Zimbabwe have condemned the planned introduction of bond notes saying the move will worsen the country's economic situation as they do not add any value to the nation. During a meeting organised by Crisis in Zimbabwe Coalition, ZimRights Director, Okay Machisa said, “The
Zimbabwe Heads of Christian Denominations (ZHOCD) has castigated government’s policy framework which it says does not attract Foreign Direct Investment (FDI). In a statement released yesterday, after a meeting with the Reserve Bank Governor, Dr John Mangudya, ZHOCD says it has been watching with keen interest the
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