ZCTU plots anti-bond notes demo, to sue Govt for their introduction

Posted by Tayana

According to a statement released on Tuesday, the Zimbabwe Congress of Trade Unions said it will be mobilising workers to demonstrate against the introduction of bond notes.

The organisation said that the injection of the $200 million will not be enough to solve Zimbabwe’s economic problems. They argue that the US$75 million worth of bond notes expected to be released into the economy by end of December 2016 would only amount to 1.3% of banking sector deposits.

They argue that the Reserve Bank of Zimbabwe wants to cheat the people. They argue that if the bond notes are only an export  incentive why then is the RBZ including the general public in its awareness campaigns.

More: NewZimbabwe.com


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