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,
“Barclays Bank Zimbabwe would like to assure all their valued customers, clients and stakeholders that the bank is compliant with the Press Statement issued by the Reserve Bank of Zimbabwe on the reduction of cash withdrawal charges dated 12th December 2016. The bank experienced a slight
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
In a move that will likely set him on a collision course with opposition parties and civic groups intensely campaigning against the introduction of bond notes, the newly elected Member of Parliament for Norton Constituency, Temba Mliswa believes marching against Zimbabwe’s contested currency is misplaced. Speaking
Crisis in Zimbabwe Coalition has begun an ambitious campaign dubbed #SayNoToBondnotes which seeks to educate Zimbabweans on why they should reject bond notes. According the organisation's Youth Committee chairperson, Claris Madhuku, the campaign will spread to every part of the country contesting efforts by the Reserve Bank of Zimbabwe
Equivalent vs Identical I’ll start with a story. There was once a chicken farmer called Jabulani, and a duck farmer called Tatenda. Both Jabulani and Tatenda had only been farming for a short period, and each had 20 birds. After a lengthy conversation at the local
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