Could Printing More Bond Notes Ease Zimbabwe's Crisis?
Finance Minister Patrick Chinamasa has reportedly refused to add more bond notes into the country's struggling market, insisting that an increase in exports is the only solution. The bond notes were introduced to solve the issue of cash shortages even though there have been issues with their use and value.
The central bank has urged for the replacement of the U.S. dollar with the South African rand as the country's main currency. The shortage of U.S. dollars forced the government to ... Read more »
As President Robert Mugabe's government is threatening to prosecute businesses rejecting payments in bond notes, reports have emerged that the immigration department is doing the ... Read more »