Home / Business (page 516)


Zimbabweans wary of new worthless ‘bond note’ dollars

Harare – Zimbabweans on Monday greeted their new “bond note” currency with deep suspicion that it could herald the return of hyperinflation that destroyed their savings less than 10 years ago. The country has operated mainly on US dollars since 2009, but banks and cash machines started dispersing new “bond …

Read More »

Five reasons NOT to trust Mugabe’s central bank chief on new Zimbabwe bond notes currency

News24 Correspondent Harare – Long queues outside ATMs. Security guards confirming that those machines that are already empty “won’t be stocked until Monday.” A banking official speaking privately of “truckloads” of bond notes on the move before the weekend. Zimbabweans are in panic mode following Saturday’s announcement that the central …

Read More »
error: Content is protected !!