Bond notes – newzimbabwevision

Economic watch dog warn Zimbabweans against sending Money back home through official means.

Posted on December 5, 2016 by newzimbabwevision

An Economy watchdog Science Economics and Justice for Zimbabwe has warned Zimbabweans in the diaspora to desist from sending their relatives money back home through official means indicating that party of the money is being used to fund the brutal and heartless Zanu PF government. “Zimbabweans, every cent you send internationally through official channels such as bank transfers, Western Union and Ecocash is used for bankrolling Zanu PF,” the organisation posted on Facebook….

The bond notes/ Cash crisis forces, people to sleeping on pavements to beat the bank queues for their hard earned money

Posted on November 4, 2016November 4, 2016 by newzimbabwevision

. As the cash crisis rocks Zimbabwe ahead of the introduction of the bond notes, people are now sleeping in front of their banking halls to beat the queues in order to access their hard earned money. According to Fagio Marowa, he went out into town during the night to buy medication for his child and discovered quite a large number of people sleeping in front of the banking hall. He posted their pictures and…

‘UNSCRUPULOUS characters are printing fake bond notes for release when the real bond notes are injected into the economy’ -Patrick Chinamasa,

Posted on November 3, 2016 by newzimbabwevision

UNSCRUPULOUS characters have started printing fake bond notes which they plan to release when the real bond notes are injected into the economy, a Cabinet Minister said yesterday. The new notes are expected to be in circulation in a few weeks’ time with the Reserve Bank of Zimbabwe (RBZ) rolling out massive awareness campaigns ahead of their usage. Addressing legislators at the 2017 pre-budget seminar in Bulawayo, the Minister of Finance and Economic Development,…

Masvingo villagers sleep in bank queues due to cash crisis in Zimbabwe

Posted on October 13, 2016 by newzimbabwevision

ZIMBABWE cash crisis is now reaching a boiling point with villagers from Masvingo communal lands sleeping in bank queues and hoping against hope for the withdrawal limit of US $50….more news to follow. By Sibusiso Ngwenya. photo-online

Grace Mugabe ‘bond note’ goes viral

Posted on August 4, 2016 by newzimbabwevision

An image of a photoshopped $100 USD note with Grace Mugabe’s face has gone viral online. The manipulated note is written: “REPUBLIC OF ZIMBABWE” “100 BOND””In Honor of Dr. Cde Mai Mugabe, A vision for the Nation”. by Moyo Roy source-bulawayo24

‘Bond notes are toilet paper, illegal, and Zimbabweans risk losing their investments’-Zimbabwe People First president Joice Mujuru

Posted on July 31, 2016 by newzimbabwevision

Zimbabwe People First president Joice Mujuru on Saturday told her party supporters that bond notes are illegal. She warned that Zimbabweans risk losing their investments as bond notes are “toilet paper”. The bond notes are due to be introduced in October. “They are telling us that the bond notes are supported by $200 million facility.”Has USA given you the go ahead to print the bond notes? “Its illegal” she said in Bindura. “You…

‘Why Spend US$200 million On bond notes Instead Of Buying Gold And Create US$1,5 billion?’- Jacob Mudenda,

Posted on July 1, 2016 by newzimbabwevision

The Speaker of Parliament Jacob Mudenda has broken rank with Zanu PF as he condemned the impeding introduction of controversial bond notes. Mudenda criticized the move saying it was waste of money. “I do not want to dwell on the bond notes issue but the $200 million from AfreximBank. “I would have taken that money to buy gold and with that you can raise $1,5 billion. Why bring that $200 million to bring bond notes…

Uproar On Bond Notes to Is Simply Political Disunity Among Zimbabweans-Ex-Governor (RBZ) Gideon Gono

Posted on June 13, 2016June 13, 2016 by newzimbabwevision

FORMER Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has broken his silence on the recent decision by his successor, John Mangudya to introduce bond notes into the economy.Gono left his job at the expiry of a turbulent 10-year tenure in 2013, after presiding over a record-breaking inflationary era widely blamed on his quasi-fiscal operations as central bank chief. During the period, Gono printed bearer cheques in a bid to contain a revolting economy, a…