The central bank, the Reserve Bank of Zimbabwe (RBZ) has announced that specimens for the new $5 and $2 notes which are to be introduced this month will be circulated starting this Monday.
In an interview with the Sunday News on Friday, RBZ governor, Dr John Panonetsa Mangudya said that the specimens will be circulated after the gazetting of the Statutory Instrument (SI) 231 of 2019 by Government which will give the green light to the introduction of the new notes and coins. He said:
We will start having them (specimens) on Monday.
SI 231 which details the designs of the news notes has since been issued by the Government paving way for the introduction of the new notes and coins.
Whilst authorities project that the new notes will address the cash crisis which has grounded the country for years now, some analysts are pessimistic saying that the abundance of cash on the market will likely exacerbate inflation in the country.
More: Sunday News
All these fatcats and Ministers of Finance and Governors of the RBZ must think that we are idiots and have no clue as to what is going on. But, let me tell you guys something: we are NOT stupid, we know exactly what is going on and why it is going on. You are all stealing the incoming forex for yourselves, that’s what is going on. But if we take to the streets to put an end to this wholesale stealing, you will murder us. This talk of ‘specimen money’ is just a fake from you guys. By the end of November there will be no money to be had either from Bank tellers or ATM machines. Yes, the Banks are involved in this whole rotten stinking charade.