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‘ Zimbabweans Urged To Withdraw All Cash Before Worthless Bond Notes Conversion Wipes Out Savings’
Zimbabweans have been urged to immediately withdraw all their cash in banks.
Zimbabwe Informal Sector’s Organization Director Promise Mkwanazi made the call to all those in the informal sector saying the introduction of Bond notes will wipe all their savings.
“The people in the informal sector must with immediate effect withdraw their money from the banks and secure it elsewhere as we assess the situation” he said.
“History has it that when we transited from Zim-dollar to US-dollar so many people lost so much money and it has not been compensated.”
Banks are currently allowing clients daily withdrawals of only $200. Source-bulawayo24