Banking & Finance

Chinotimba asks why Parliament is debating bond notes when they are already in circulation

31st December 2016 Staff Reporter 0

Buhera South legislator Joseph Chinotimba told Parliament not to waste time by discussing a currency that was already in circulation. “We should just make sure the bill ion bond notes sails through so that our […]

Banking & Finance

Zimbabweans Have No Choice But to Accept New Currency but Bitcoin is Best

27th December 2016 Staff Reporter 0

To experience an inflationary rate of up to 500 bln percent is insuperable to creating wealth and better living standards. Robert Mugabe and his cronies thought they could defy basic economic principles and still have […]

Banking & Finance

Britain insists bond notes are not a solution to Zimbabwe’s economic challenges

24th December 2016 Staff Reporter 1

Britain yesterday insisted that bond notes, introduced by Zimbabwe last month as an export incentive and to save the current cash crisis the country is facing, are not a solution to Zimbabwe’s economic challenges. “Without […]

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