Zanu PF MP urges Govt to consider gold coins as a substitute for bond notes

Posted by Tayana

Chegutu West MP, Dexter Nduna has urged government to consider introducing gold coins which he said were a more valuable and internationally acceptable currency than bond notes.

Nduna said this while debating the Reserve Bank Amendment Bill in Parliament. Said Nduna:

I believe in all honesty that if we bite the bullet as a nation, we can introduce the gold coin because gold is the only tradable commodity that is acceptable globally, that all other jurisdictions are buying and putting in their volts to hedge against their currencies getting weaker day by day.

More: NewZimbabwe.com

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