PRESS STATEMENT ON FALSE AND MALICIOUS STATEMENTS BEING CIRCULATED ON SOCIAL MEDIA
The Reserve Bank of Zimbabwe (the “Bank”) wishes to advise members of the public of the false and malicious statements being circulated on social media regarding the introduction of $10, $20 and $52 bald notes, the prohibition of use of MasterCard, Visa Card and Maestro outside the count, and the rapping of certain Government departments over failure to bank cash. These statements are false snot should be treated with the contempt they deserve.
The Bank dismisses the statements in their- entirety as false, irresponsible, mischievous and malicious as neither the Governor and any officer of the Bank has held any such press briefing a. made the statements as alleged.
The statements are not only false but dangerous as they are calculated to cause unnecessary anxiety, panic, alarm and despondency within the economy. The statements are also calculated to discredit Government and the Bank’s progressive efforts to stabilise the economy and fuel chaos in the economy by targeting the sensitive financial sector.
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The Reserve Bank of Zimbabwe (RBZ) is the central bank of Zimbabwe. Its offices are located at number 80 Samora Machel Avenue in Harare. The Reserve Bank of Zimbabwe operates under the Reserve Bank of Zimbabwe Act, Chapter 22: 15 of 1964. The Act provides... Read More About Reserve Bank of Zimbabwe