Bond notes

  • Business Briefs

    RBZ is introducing only the Z$50 banknote

    THE Reserve Bank of Zimbabwe (RBZ) has dismissed reports which suggest the central bank was planning on introducing $100 and $200 banknotes. RBZ issued a statement saying “for the time being, ” the bank had no plans to introduce the said notes. Messages circulating on social media had suggested that the bank was working on introducing the notes in sync…

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  • Business Briefs

    Govt rules out complete return to US dollar

    GOVERNMENT has ruled out adopting the U.S. dollar as its default tender again, saying it won’t repeat its past mistake of abandoning the local currency. “One of the biggest mistakes was dollarizing and removing your own currency,” Secretary for Finance George Guvamatanga told business leaders Monday in Harare. “We will build this economy on the basis of the Zimbabwe dollar.…

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