Tag: Bond Notes
RBZ Introduces “RTGS Dollars”
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said RTGS, bond notes and coins are to be immediately denominated...
Mangudya Does Not Regret Introducing The Bond Note
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said that he does not regret introducing the surrogate currency,...
USD RTGS Rate Hits 300% (4.00) – MarketWatch
The forex rate of the US Dollar against RTGS balances has hit 300% (1:4) today, according to an update by...
Removing Bond Notes Not The Solution, RTGS Balances Are The Problem- Mangudya
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday said removing bond notes will not solve problems...
Govt Is Not Phasing Out RTGS, Bond Notes: Mnangagwa
Speaking during the breakfast engagement with bankers and captains of industry and commerce at State House in Harare...
RBZ Dismisses Reports Bond Notes Will Be Discontinued On January 26
In a statement to ZBC News, the Reserve Bank of Zimbabwe (RBZ) dismissed social media reports that bond notes will be...
Rwandair No Longer Accepting Bond Notes, Electronic Payments
Rwandair has joined the bandwagon of airlines that have rejected bond notes and electronic payments. In a statement to...
Money On Black Market Not Coming Directly From Banks, RBZ Not Only Source Of Freshly Minted Notes – Deputy Governor
Deputy governor of the Reserve Bank of Zimbabwe (RBZ) Khupukile Mlambo has said that he does not believe that banks are...
Multi-Currency System To Stay Until We Can Introduce Local Currency: Mnangagwa
President Emmerson Mnangagwa has said that the current multi-currency system is here to stay, at least, until the...
Economic Mismanagement Under New Dispensation Hardly Inspires Confidence – Tony Hawkins
Economist and academic, Tony Hawkins has said that President Emmerson Mnangagwa's record of managing the...
Govt Should Determine Foreign Exchange Rates And Not The Market: Cross-Border Association
The Zimbabwe Cross Border Traders Association has called on the government to regulate the rates for foreign...
I Will Not Resign, Bond Notes Have Been Successful As An Export Incentive: Mangudya
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said he will not resign because the bond notes have not yet...
How To Check Current USD Exchange Rate Against RTGS, Bond Notes
As the currency crisis in Zimbabwe continues, it has become important for people to get a sense of what the current...
We Are Still Accepting All Forms Of Payment Including EcoCash – Air Zimbabwe
National airline Air Zimbabwe has dismissed reports that it has stopped accepting Bond Notes and real-time gross...
Mnangagwa To Invoke Presidential Powers To Introduce “Tough” Measures To Deal With Foreign Currency Dealers
President Emmerson Mnangagwa has revealed that he will soon introduce tough regulations to deal with foreign currency...
Bond Note Not Equal To USD, Will Need To Be Demonetized – Mthuli Ncube
Minister of Finance and Economic Development Mthuli Ncube has admitted that the United States Dollar is not...
Finance Minister Ncube Told That His Proposed Currency Reforms Not Possible
Newly appointed Minister of Finance and Economic Development, Mthuli Ncube is reported to have been told that his...
“Zim Government Must Commit To Not Robbing Holders Of Bond Notes And RTGSs,” Steve Hanke
In an article about the current economic crisis in Zimbabwe, economist and currency expert, Steve Hanke has said the...
It Is Pointless To Maintain 1:1 Illusion If the Second Republic Is To Be Taken Seriously – Imara Asset Management
In its quarterly report titled Zimbabwe Investment Notes, Imara Asset Management noted that the government should move...
Govt Will Not Commit Suicide By Allowing Market To Determine Exchange Rate – Mangudya
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said that as long as he is in charge at the central bank, the...
Mangudya Should Honour His Word: CSOs Demand Governor’s Head
Civil society organisations (CSOs) have called for the resignation of Reserve Bank of Zimbabwe (RBZ) governor John...
Zimbabwe Needs To Drop The “Fake Dollar” And Dollarize – Prof Steve Hanke
Acclaimed economist and currency expert, Steve Hanke, who is a professor of Applied Economics and co-director of the...
Illegal Trade In Foreign Currency Now Treated As Serious Security Threat – Mnangagwa
President Emmerson Mnangagwa has warned that his administration will now be treating the illegal trade of foreign...
RBZ Responsible For Economic Crisis, They Printed Bond Notes Worth Over 1 Billion – Zanu-PF Official
Zanu PF Midlands provincial spokesperson Cornelia Mupereri has distanced the party from the economic crisis and laid...
Monetary Policy Shows That Mangudya Has Finally Accepted That Bond Notes Are Not Equal To USD – ZNCC
The Zimbabwe National Chamber of Commerce (ZNCC) has said that Monday's mid-term monetary policy statement...
Bond Notes Must Be Removed: Chamisa
MDC Alliance leader Nelson Chamisa has called on the government of President Emmerson Mnangagwa to urgently...
Bond Notes Not The Problem, Issue Is Too Much Money Chasing Too Little Forex: Mangudya
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has dismissed claims that the bond notes are behind the...
Do Not Peg The Exchange Rate Of The Bond Note Government Told
Ashok Chakravarti a University of Zimbabwe economics professor and former government advisor, has told the...
Law To Compel Businesses Who Receive Forex From Govt To Charge In Bond Notes Being Crafted- Mnangagwa
President Emmerson Mnangagwa said Government is crafting a law that compels business people who receive foreign...
It’s Rubbish: Chinamasa Responds To Claims Govt Is Printing More Bond Notes
In a telephone interview with 263Chat Finance and Economic Planning Minister, Patrick Chinamasa could not be drawn into...
Sharp Increase In School Uniform Prices
The prices of uniforms have risen sharply by more than 200% as the first school term of 2019 nears. According to...
Think Tank Advises Govt To Form A Currency Board
International think tank, Invictus Securities has advised the government which wins the July 30 harmonised elections to...
Cash Barons Will Soon Be Making Losses, We Are Flooding Market With Foreign Currency: Mangudya
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has warned illegal foreign currency dealers that they will be...
We Will Scrap The Bond Note On 1 August, Everyone Will Have To Open New USD Accounts: Tendai Biti
MDC Alliance principal and former minister of finance Tendai Biti has said that after winning the July 30...
Chinamasa Blames Police For Failing To Arrest Illegal Forex Traders, Says Law Is There
Minister of Finance and Economic Planning Patrick Chinamasa has blamed the Zimbabwe Republic Police for...
We Will Phase Out Bond Notes, Replace Them With USD Before Introducing Local Currency: Chamisa
MDC-T President Nelson Chamisa has said that if he wins the 2018 elections he will address the cash crisis and phase...
Mangudya Promises “Minimised” Bank Queues Within 2 Months
Reserve Bank of Zimbabwe Governor Dr. John Mangudya told The Sunday Mail that Zimbabwe imported US $400 Million in the...
We Don’t Have A Cash Crisis In Zimbabwe: Chamisa
Addressing MDC-T supporters in Gen Norah today at his first in a series of town hall meetings, MDC Alliance...
MDC Alliance Vows To Phase Out Bond Notes For “Real” Money, Says We Don’t Need 100 Days
The coalition of opposition parties the MDC Alliance has said that if elected into office, it will end the cash...
I Won’t Resign Because Bond Notes Have Been Successful Says Mangudya
Appearing before the Parliamentary Committee on Finance and Economic Development yesterday, Reserve Bank of Zimbabwe...
Cash Shortages Have Been A Blessing In Disguise In Reducing Corruption: Minister Chinamasa
Minister of Finance and Economic Planning Patrick Chinamasa has said that the cash shortages in the country have proved...
Chamisa Says MDC Govt Will Solve Cash Crisis In 2 Weeks, Claims The Party Has Already Secured US$14.9 Billion
Speaking at an MDC Alliance rally in Masvingo over the weekend, MDC-T vice-president Nelson Chamisa told supporters...
Zim Negotiating With Afreximbank For US$1.5 Billion Loan To Guarantee Foreign Investments
The Reserve Bank of Zimbabwe (RBZ) is negotiating with the African Export-Import Bank (Afreximbank) to get a US$ 1.5...
Govt Should Introduce More Bond Notes To Reduce Inflation: CZI
The Confederation of Zimbabwe Industries (CZI) has called for the government to increase the number of bond...
We Will Scrap The Bond Note And Join The Rand Monetary Union Says MDC Alliance
The coalition of opposition parties, the MDC Alliance has declared that it will scrap the bond notes and join...
Chinamasa Says Bond Notes Will Only Be Phased Out When There Is Enough Forex To Cover 3 Months
Minister of Finance and Economic Planning Patrick Chinamasa has insisted that Bond Notes will not be going anywhere...
Bond Notes To Be Phased Out
Deputy Finance Minister Terence Mukupe told The Sunday Mail last week that bond notes cannot be maintained and will be...
There Is No Liquidity Crisis In Zim, There Is Too Much Money In RTGS System: Mangudya
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has claimed that there is no liquidity crisis in Zimbabwe....
Fidelity Printers To Pay For Gold Deliveries Using Bank Transfers, Says It Has No Bond Notes
Fidelity Printers and Refiners (FPR) has advised small-scale miners that it will no longer be able to pay for 40...
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