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.
Treasury Refuses to Release More Bond Notes
News24Wire, 11 April 2017
Zimbabwean Finance Minister Patrick Chinamasa has refused to add more bond notes into the southern African country's struggling market, insisting that the country's only solution… Read more »
Cash Crisis Deepens, Govt Offers No Solutions
New Zimbabwe, 7 April 2017
Zimbabweans continue to struggle with a cash crisis that is deepening by the day with even the surrogate bond notes vanishing from banks while government and monetary authorities… Read more »
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 »
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