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Will Bond Note Magic Rescue Zimbabwe?

The Bond Notes will be introduced to promote exports and to plug chronic shortage of U.S. dollars, but will the new "currency" bring any magical anointing to rescue the troubled economy?

Zimbabwe: Will Bond Note Magic Rescue The Economy?

allAfrica, 9 November 2016

The government will introduce the Bond Notes which it says will be as good as the U.S dollar, and exactly equivalent in monetary value. Read more »
Zimbabwe: Bond Notes Demo Flops

The Herald, 19 November 2016

A demonstration planned to protest the impending introduction of bond notes flopped dismally yesterday as people ignored it and went about their business.A snap survey by The… Read more »
Zimbabwe: Foreign Investors Ditch Equities Over Bond Notes

Financial Gazette, 8 November 2016

Foreigners buyers are deserting the Zimbabwe Stock Exchange in record numbers, with net outflows of US$56,28 million in the 10 months to October, the biggest sell-off in five… Read more »

IRIN

Harare

Zimbabwe: Bond Notes Are Being Printed Locally - Opposition

News24Wire, 8 November 2016

If Zimbabwe's little-liked bond notes aren't being printed in Germany or South Africa, where are they being printed? Zimbabwe, of course, say opposition officials. Read more »
Zimbabwe: Bond Notes - Scaremongering Unhelpful

The Herald, 8 November 2016

WE must commend Reserve Bank Governor John Mangudya for moving with speed to clear the air about the reported existence of fake bond notes on the market. This followed media… Read more »
South Africa: Zimbabwean Firms Urge Use of SA Rand As Main Currency - Report

News24Wire, 8 November 2016

Zimbabwean firms have reportedly urged the government to adopt the South African rand as its "reference currency" instead of the US dollar. Read more »
Zimbabwe: Tajamuka Meets RBZ Governor Over Bond Notes

New Zimbabwe, 5 November 2016

MEMBERS of the #Tajamuka/Sesjikile movement, last Friday, met Reserve Bank of Zimbabwe governor John Mandudya and several of his top officials "to clarify" the… Read more »
Zimbabwe: New Currency Triggers Mayhem

CAJ News, 8 November 2016

THE imminent introduction of the so-called bond notes has sparked a mad rush to local banks as Zimbabweans withdraw their money fearing hyperinflation. Read more »
Zimbabwe: Point of Sale Machine At Weddings As Cash Crunch Bites

New Zimbabwe, 31 October 2016

AS the country's cash crisis deepens, banks have started limiting daily withdrawals to just $100 in a development that is causing Zimbabweans huge amounts of grief, including… Read more »
Zimbabwe: Patrick Chinamasa Statement On Bond Currency Issuance and Legality

Financial Gazette, 1 November 2016

1. The Reserve Bank of Zimbabwe will with immediate effect start the process towards issuance of Bond Notes as a legal tender in Zimbabwe. The process will commence with media… Read more »

InFocus

Zimbabweans Sleep in Bank Queues

Long queues have worsened at banks after the Reserve Bank of Zimbabwe launched a campaign to educate the market on bond notes. Read more »
- Zimbabwe: Clients Sleep in Bank Queues As Bond Notes Beckon
- Zimbabwe: Cash Shortages Worsen
Mugabe Uses Presidential Powers to Legalise Bond Notes

President Robert Mugabe has side-stepped parliament to issue a decree clearing the way for the introduction of bond notes that are meant to ease biting cash shortages that have ... Read more »
- Zimbabwe: Bond Notes Law Promulgated
- Zimbabwe: Advocate Leads Push to Reject Bond Notes

InFocus

Will Bond Note Magic Rescue Zimbabwe?

InFocus

Zimbabweans Sleep in Bank Queues

Mugabe Uses Presidential Powers to Legalise Bond Notes

InFocus

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