Govt has not yet crafted an enabling law to operationalise Bond Notes

The wrangle over the proposed introduction of bond notes to ease the country's cash crisis took a new twist yesterday, with the Constitutional Court (ConCourt) saying it was premature to legally challenge the move, as the government had

not yet crafted an enabling law to operationalise the currency.

The ConCourt was responding to former Vice-President Joice Mujuru's court bid to block the introduction of the bond notes. The ConCourt bench dismissed the application with costs, saying it was premature and speculative, since the said

bond notes would not be introduced without a legal framework.

This came as social movement group, Tajamuka/Sesijikile, launched a campaign against suspected German companies believed to have been contracted by the Reserve Bank of Zimbabwe to allegedly print the notes.