African Export-Import Bank – newzimbabwevision

German Firm Who Printed SA Rands Impounded At Harare Airport, Hired To Print US$200 Million In Bond Notes

Posted on May 21, 2016 by newzimbabwevision

Government has hired a German firm to print the US$200 million worth of bond notes, a Reserve Bank of Zimbabwe official has said. RBZ director for exchange control Mr Morris Mpofu told delegates to the Chamber of Mines meeting in Victoria Falls yesterday that Government had engaged the same company that was used by the South African Reserve Bank to print rands. “The same Germans who printed the South African rands which were recently…

Withdrawal Limit $1 000, €1 000 & R20 000 And ($2, $5, $10 &$20 Bond Notes Introduced, To Ease Cash Crisis

Posted on May 5, 2016May 5, 2016 by newzimbabwevision

ZIMBABWE will soon introduce bond notes valued at $200 million among several other measures designed to ease an acute shortage of cash, amid fears the move was a subtle way of bringing back the long-discarded Zimbabwe dollar through the backdoor. Announcing the new policy measures, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said the new Zimbabwe bond notes would be in denominations of $2, $5, $10 and $20 and would be introduced in two…